Tag: #MoneyLaundering

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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...

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,...

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...

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,...

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...