Around $775,000 of stablecoin USDT was allegedly stolen in a phishing scheme on the Tron network, according to an investigation by risk assessment firm Global Ledger. Global Ledger claims the funds we...
Tag: launder
How Triad-linked gang used crypto and casinos to launder $10B
Listen to this article. Australian Federal Police have announced their dismantling of the Xin Money Laundering Organization, which moved an estimated $10 billion. Among those arrested is the apparent ...
Lazarus attempt to launder additional $27.2M of funds stolen from Harmony bridge hack
On-chain analysis shows that North Korean hackers responsible for Harmony’s Horizon bridge hack spent the weekend attempting to move some of the illicit funds. On-chain analysis of how Lazarus group a...
DPRK linked hackers launder $17.7m ETH from Harmony Bridge
A self-styled crypto investigator going by the social media moniker ZachXBT claims that actors allied to the Democratic People’s Republic of Korea (DPRK) have laundered another tranche of funds stolen...
Harmony Attackers Attempt to Launder Another $27 Million
Late last night, the attackers behind the Harmony exploit back in June 2022 attempted to cash out another batch of their ill-begotten ETH gains. Following the 41k ETH laundered via TornadoCash and Rai...
North Korean hackers try to launder $27M in ETH from Harmony bridge attack
North Korean exploiters behind the Harmony bridge attack continue to try and launder the funds stolen in June. According to on-chain data revealed on Jan. 28 by blockchain sleuth ZachXBT, over the wee...
Hackers Launder $27 Million in Stolen Ethereum From North Korean
The cash that were taken in June 2022 are still being laundered by the North Korean exploiters who were behind the assault on the Harmony Bridge. The criminals transferred another $27.18 million worth...
N. Korean hackers launder $27.18M ETH stolen in Harmony Bridge attack
The Harmony Bridge attackers, who stole $100 million worth of Ethereum (ETH) in June, are continuing to launder their loot. The hackers laundered $27.18 million of the stolen ETH over the weekend, acc...
FTX hacker gets tips on how to launder $400 million
ETH transactions have been discovered to contain messages for the $400 million FTX hacker with tips on money laundering. Hacker receives bizarre message The hacker who stole $400 million worth of cryp...
Onchain Researchers Discover $63M in Ethereum From Harmony Bridge Attack Moved, Hackers Attempt to Launder Funds on Major Exchanges – Bitcoin News
On Jan. 15, 2023, onchain researchers discovered that funds stolen during the Harmony bridge attack had been moved. The suspected thieves, who are allegedly associated with the North Korean hacking sy...
Crypto criminals set to launder $10 billion by 2025, new report suggests
As the increasingly popular yet largely unregulated cryptocurrency industry expands, it attracts a growing number of dishonest and malicious participants for whom the budding blockchain technology has...
FTX attacker turns to ChipMixer to launder tokens
The FTX attacker turned to ChipMixer to launder funds and already washed around 360 Bitcoin (BTC), according to on-chain sleuth ZachXBT. Update: FTX attacker has started using ChipMixer to launder the...
Deribit Hackers Turns to Tornado Cash to Launder Stolen Funds
The hacker who exploited the Deribit exchange’s hot wallet has started moving the stolen funds using the sanctioned cryptocurrency mixer Tornado Cash. According to data from Etherscan, the attacker ha...
US DOJ charges man for using BTC to launder $5.4M in drug trafficking money
The U.S. Department of Justice (DOJ) has indicted California-based John Khuu for allegedly laundering $5.4 million in proceeds from drug trafficking by using Bitcoin. According to the charges, Khuu s...
Ronin bridge Hackers used ChipMixer to launder over $73M of stolen funds
An on-chain investigation by SlowMists reveals that the privacy protocol ChipMixer was used by Ronin bridge hackers (the Lazarus Group) to launder 3,460 BTC ( $73.2 million as per press time). In a m...
Sanctioned Mixers Used to Launder Axie Infinity Funds, Reveals SlowMist Researcher
Following the $620 million attack on Axie Infinity’s Ronin sidechain, one researcher has traced fund flows to sanctioned crypto mixers. The attackers used hacked private keys to make ETH and USDC with...
Israel Arrests 3 in Crypto Scheme to Launder Millions Stolen From France – Bitcoin News
Police in Israel have detained three suspects who allegedly laundered millions of euros stolen from the French treasury through cryptocurrency transactions. The money came from government grants for b...
Report Shows Hackers Launder $540M Through Crypto RenBridge Platform
Decentralization is a unique feature for cryptocurrency that removes the interference of third parties in crypto-asset transactions. While it could be an advantage in most cases for investors and othe...
Alameda-owned RenVM confirms it’s ‘impossible to launder any assets’ through Ren Bridge, debunking claims of $540M in money laundered
Elliptic Connect, a blockchain data analytics firm, released a report Wednesday — widely covered in both the crypto and news media — entitled “Cross-chain Crime: More Than Half a Billion Dollars has ...
Renbridge Used by Cybercriminals to Launder $540M by Chain Hopping
No traces or halt—being a blockchain specialty led to another significant transgression by the crypto masterminds. With cryptocurrency on the rise, Cybercriminals target the crypto market by using cha...
Treasury Sanctions Ethereum-Based Tornado Cash For Allegedly Helping To Launder More Than $7 Billion
Topline The Treasury Department on Monday sanctioned a cryptocurrency firm with ties to a North Korea state-sponsored hacking group for allegedly facilitating malicious laundering—marking the latest r...
BTC-e Operator Who Used Bitcoin to Launder $4B Extradited to U.S. to Face Charges
The U.S. Department of Justice (DOJ) announced Friday that Alexander Vinnik, a 42-year-old Russian, has been extradited from Greece to the United States to face multiple charges relating to money laun...
Russia Considers Jail Time for People Helping Crypto Scammers Launder Proceeds – Coinotizia
The interior ministry of Russia has decided to go after those providing money-laundering services to crypto fraudsters, suggesting they should go to prison. The department wants to introduce criminal ...
Russia Considers Jail Time for People Helping Crypto Scammers Launder Proceeds – Regulation Bitcoin News
The interior ministry of Russia has decided to go after those providing money-laundering services to crypto fraudsters, suggesting they should go to prison. The department wants to introduce criminal ...
Brazil police say group used crypto to launder money from illegal gold mining: Reuters
Brazil’s federal police raided a group they say used crypto tokens to launder money from illegal gold mining, Reuters reported on Friday. Five people were arrested in the operation on Thursday,...
Brazil Police Bust Gang Using Bitcoin To Launder Money Made From Illegal Gold Mining
– Advertisement – Brazil’s anti-corruption agency has broken up a group accused of utilizing cryptocurrency to hide the proceeds of illicit gold mining. According to Reuters, On Thursday...
CoinDesk Korea Reports Do Kwon’s Terra Has $3.6 Billion in UST and USDT To Manipulate Prices or Launder Money
– Advertisement – CoinDesk Reports That Do Kwon’s Terra took 4.6 trillion won in slush money. After Terra’s May 7 crash, Uppsala Security and CoinDesk Korea investigated using on-chain d...
Harmony Hacker Is Using Tornado Cash To Launder Stolen $100 Million
According to a PeckShield report, The Harmony attacker has already mixed more than $12 million through the protocol, and they’re sending 100 ETH to Tornado Cash every six minutes. On Thursday morning,...
Reuters report says Lazarus Group used Binance to launder stolen funds
In September 2020, hackers from the North Korean Lazarus Group broke into Slovakian crypto exchange Eterbase and stole currency worth roughly $5.4 million. Using only encrypted email addresses, the ha...
Binance used to launder over $2.3 billion in illicit funds, investigation shows
The world’s largest cryptocurrency exchange Binance reportedly acted as a conduit to launder illicit money surpassing over $2.3 billion in five years. Binance was allegedly utilized by hackers, drug ...
U.S. Sanctions Bitcoin Mixer Blender for Helping Launder $20.5M to North Korea
The United States on Friday sanctioned cryptocurrency mixing service Blender for allegedly helping North Korean hackers launder around $20.5 million stolen from the Axie Infinity hack at the end of Ma...