$64 million are remaining in the hacker’s Ethereum wallet after siphoning. Harmony reassured its customers that the theft had no effect on its BTC bridge. According to PeckShield, the hackers who stol...
Tag: Laundering
Harmony Hacker Begins Laundering Funds
Key Takeaways The Harmony hacker is currently sending some of their stolen ETH through Tornado Cash. Already $12 million have been routed through the privacy-enabling protocol; the hacker is currently...
Kenyan Students Arrested For Using Bitcoin In Money Laundering
– Advertisement – Kenyan Students Captured For Laundering Money In BTC. According to the Directorate of Criminal Investigations (DCI) in Kenya, a group of Kenyan students has been stealing...
Panama President Vetoes Crypto Bill Over Laundering Risks
Share this article The bill will now go up for another vote in Panama’s National Assembly. President of Panama Strikes Down Crypto Bill The President of Panama has called for amendments to the count...
How these new ‘money laundering’ claims tie into the Terra UST depegging fiasco
The U.S Securities and Exchange Commission has launched an investigation into the Terra crash. The Terra explosion is one of the biggest busts in the crypto history. The probe also investigates the ma...
US SEC Uncovers Money Laundering Scheme from Do Kwon
While most of the legal tussle that seems to be facing Kwon and the blockchain startup is still in their infancy, they are, however, proving to be multifaceted and that they are emanating from differe...
Terra’s Do Kwon May Face Charges In The U.S. As Money Laundering Accusations Emerge
Terra CEO Do Kwon has been in hot water ever since the collapse of the network last month. After the UST lost its peg and the price of LUNA (Now LUNC) crashed below zero, there had been calls for inve...
Binance refutes false money laundering claims 1
Binance is a crypto exchange that has always been in the news for positive and negative reasons over the last few years. This is because the crypto exchange is popular and the biggest in terms of mark...
Binance fires back at Reuters’ money laundering allegations
Crypto exchange Binance published a lengthy response to an article published by Reuters that claims that the exchange has been a “hub for hackers, fraudsters and drug traffickers,” saying that there’s...
Binance Debunks Claims Exchange Aided Money Laundering
Binance trading platform denied all allegations of facilitating around $2.4 billion in illicit funds from world-acclaimed criminal organizations like Lazarus Group and Hydra. Previously, Reuters repor...
Binance Facing SEC Investigation of BNB Token As Crypto Giant Responds to Money Laundering Allegations
Binance is facing an investigation from the U.S. Securities and Exchange Commission (SEC) that looks into whether or not the global crypto exchange violated securities laws when it began selling its B...
Binance Refutes ‘Skewed’ Money Laundering Claims
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Binance CEO Refutes Money Laundering Report
Binance CEO “CZ” on Tuesday refuted a Reuters report that the exchange facilitated about of $2.35 billion worth of illegal transactions. CZ released over 50 pages of email records between Binance’s c...
North Korean Hackers Used Binance for Laundering Millions of Dollars Worth of Crypto: Reuters
Alex Dovbnya Bad actors have laundered billions of dollars worth of crypto with help of Binance, according to Reuters According to an investigation conducted by Reuters, the Lazarus Group, a notorious...
Binance Allegedly Aided $2.35 Billion Money Laundering
An inquiry into the world’s largest crypto exchange, Binance, financial activities by Reuters, reveals that the exchange platform has aided in laundering no less than $2.35 billion in corrupt funds, o...
Crypto Exchange Binance Addresses Allegations Of $2.3B In Money Laundering
Major crypto exchange Binance replied to a report published by media outlet Reuters. The controversial report claims Binance has been key to allegedly support illicit activity around the world, failed...
Binance Bites Back At Claim It Enabled The Laundering Of $2.4 Billion In Stolen Crypto ⋆ ZyCrypto
Advertisement     According to a Monday report from Reuters, criminals laundered billions of dollars in cryptocurrency between 2017 and 2021 with the help of Binance, ...
Reuters Blasts Binance for $2.35B Money Laundering Problem
Key Takeaways A new report from Reuters claims Binance allowed more than $2.35 billion worth of criminal funds to process through its exchange unchecked. Entities believed to have laundered money thro...
Money laundering charges for Terraform Labs
According to rumours, Terraform Labs is accused of money laundering of $4.8 million. Terraform Labs and the laundering of approximately $5 million In addition to being a huge Ponzi scheme, Terra is al...
Do Kwon’s Troubles Deepen After Being Exposed To New $4.8 Million Money Laundering
– Advertisement – More money laundering proofs come against Terra’s founder. Do Kwon and his Terraform Labs team keep getting in trouble? After the botched launch of Terra 2.0 and the LUNA...
Do Kwon’s Terraform Labs accused of laundering $4.8 million via a Korean shell company
After the widely publicized collapse of the Terra (LUNA) ecosystem which caused significant losses for investors, and accusations of fraud against its founder Do Kwon, Terraform Labs is in the spotlig...
Alleged Bitfinex Money Laundering Hearing Postponed
A hearing for the New York couple implicated in the 2016 Bitfinex hack has been postponed, pending a potential plea deal. Ilya Lichtenstein, 34, and his wife, Heather Morgan, 32, were expected to appe...
Father-Son Duo Sentenced for Laundering Cash with Bitcoin in Weed Scheme
In brief Pair convicted of laundering over $100,000 from sales using Bitcoin and dark web Unlicensed company manufactured hash oil and other marijuana products The Department of Justice announced the ...
Former OpenSea Employee Charged With NFT Insider Trading; Faces Wire Fraud & Money Laundering Charges
Former OpenSea employee Nathaniel Chastain, 31, has been formally charged with one count of wire fraud and one count of money laundering and is awaiting trial in New York. Following an elaborate schem...
EU regulators propose nixing crypto exchange licenses over money laundering breaches
? Want to work with us? CryptoSlate is hiring for a handful of positions! Cryptocurrency exchanges should lose their licenses in case of severe breaches of anti-money laundering (AML) rules, EU regula...
New York couple accused of laundering $4.5 bln in crypto
Bitfinex is still negotiating a possible plea deal Morgan was released to house arrest Federal prosecutors asked to postpone the hearing until Aug. 2 A New York couple blamed for washing $4.5 billion...
Crypto Exchanges Might Lose Their Licenses if Involved in Anti-Money Laundering Rules
The Crypto market collapse is now tempting every nation to make more strict rules on cryptocurrency-related activities to prevent future disasters. And many major countries have already taken a call f...
Couple accused of laundering Bitfinex hack proceeds reportedly seeks plea deal
The case hearing for the couple involved in laundering money for the Bitfinex hack has been postponed. Ilya Lichtenstein and his wife Heather Morgan were accused of being involved in the Bitfinex hack...
Crypto Exchanges Should Lose Licenses for Laundering Breaches, EU Regulators Say
MiCA should “appropriately integrate AML/CFT issues in prudential supervision of entities”, said the report, which is looking at whether the anti-money laundering powers contained in rules for differe...
Copper’s Swiss unit gains regulatory nod for anti-money laundering standards
Crypto custody provider Copper announced on Monday that its Swiss unit has gained regulatory approval from the country’s Financial Services Standard Association. The body, known as VQF, is a sel...
Panama President Won’t Sign Crypto Law without Tough Anti Money Laundering Policy – crypto.news
Recently, Panama president Laurentino Cortizo announced that he would not sign a new crypto-friendly bill passed by the parliament last month. According to reports, the President wants to ensure that ...