The Treasury Department Plans to Designate Crypto Mixers as Money-Laundering Hubs The Treasury Department is set to designate international crypto mixers as hubs for money laundering,…
Binance Faces Serious Money Laundering Allegations in France Binance, the world’s largest cryptocurrency exchange, is currently under investigation by French prosecutors for alleged aggravated money laundering…
New Clues Emerge in FTX Hack Investigation Following the recent collapse of FTX, the beleaguered crypto exchange has now fallen victim to a $475 million hack.…
Amending and Enforcing Law Cyprus is making changes to its “Prevention and Suppression of Money Laundering Law” to impose fines on illegal crypto service providers (CSPs)…
Bad Actors Exploiting Dexs and Cross-Chain Bridges A recent research study by Elliptic has revealed that cybercriminals have used crypto cross-chain bridges and coin swap services…
Million-Dollar Purchase of CrypToadz NFT Raises Questions An astonishing purchase was made on the OpenSea market when a CrypToadz nonfungible token (NFT), with an average price…
Cross-Crime Crypto Laundering Exceeds Predicted Growth A recent report by crypto risk management firm Elliptic reveals that the amount of illicit funds laundered through decentralized exchanges…
Criminals Launder $7 Billion Through Crypto Platforms A recent report by blockchain analytics platform Elliptic reveals that criminals, including the notorious North Korean hacking group Lazarus,…
The Growing Threat of Crypto Money Laundering The world of crypto is constantly evolving, and so are the methods used by criminals to launder illicit funds.…
