Accused of Laundering Crypto for Bybit Hackers, Platform Bows Out
Privacy-focused cryptocurrency exchange eXch has confirmed it will officially terminate all operations effective May 1st, following escalating international scrutiny and...
Laundering
Trump exonerates BitMEX co-founder in landmark anti-money laundering case
President Donald Trump issued full pardons to the three co-founders of crypto exchange BitMEX on March 27, clearing their names...
US lifts sanctions on Tornado Cash, a crypto mixer linked to North Korean money laundering
U.S. Treasury officials have lifted sanctions on Tornado Cash, a crypto mixer that the U.S. government previously said was used...
Crypto industry is ‘cooked’ when it comes to dealing with hacks, money laundering – ZachXBT
Blockchain investigator ZachXBT has raised concerns about the crypto industry’s ability to address security breaches and illicit fund movements following...
Darknet Vendors Shift to DeFi as Crypto Laundering Tactics Evolve – BeInCrypto
DeFi adoption rises as darknet vendors evade stricter KYC/AML rules on centralized exchanges, using decentralized platforms for illicit funds. Source...
DeFi user loses over $700K USDC in a sandwich attack that experts suggest could be money laundering
A DeFi user lost over $700K to a sandwich attack on the Uniswap exchange. The user swapped 732,583 USDC to...
EU Regulators Probe OKX’s Web3 Role in Bybit Crypto Laundering Case
European regulators are closely examining the role of OKX in laundering funds from a massive cyber heist on Bybit. National...
US, EU authorities dismantle Garantex in money laundering crackdown
US and European law enforcement agencies disrupted Garantex, a Russia-linked crypto exchange accused of laundering billions of dollars for cybercriminals,...
Bybit hackers resume laundering activities, moving another 62,200 ETH
North Korea’s Lazarus Group laundered another 62,200 Ether, worth $138 million, from the Feb. 21 Bybit hack on March 1...
Internal Conflict at Thorchain as North Korean Hackers Leverage Network for Crypto Laundering
Thorchain, the interoperability-focused decentralized exchange protocol, is losing key developers as internal disagreements escalate over how to handle illicit funds...