Tag: #MoneyLaundering
Crypto Scams
South Korea Sees Spike in Suspicious Crypto Transactions
South Korea records a steep increase in suspicious crypto transactions with the increase in the use of virtual assets. There is an increase in...
Hacked
ZachXBT Exposes Bitcoin Bridge Garden Finance Hack
Claims connect platform to $1.4B Bybit and WazirX breaches.
Garden Finance’s decentralization claim faces scrutiny.
Investigation highlights crypto’s “crime supercycle” risks.On June 21,...
Crypto Scams
US DOJ Charges 12 More in Massive $263M Bitcoin Theft Case
Authorities have charged twelve individuals with RICO in connection with a $263 million Bitcoin theft.
Suspects laundered funds via mixers and bought exotic...
Regulations
Turkey Tightens Crypto Rules to Fight Money Laundering
In Turkey, a new anti-money laundering law requires identification verification for crypto transactions over $425.
Rules, which take effect on February 25, 2025,...
Blockchain Technology
Bitfinex Hacker Gets 5-Year Sentence for Bitcoin Laundering
Bitfinex hacker Ilya Lichtenstein received a 5-year term for laundering $8B in Bitcoin.
The five-year sentence brought to a close a $4.5 billion...
