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Tag: Laundered

Hackers Drain $112M in XRP Tokens From Ripple Co-Founder’s Wallet – The Defiant

Ripple’s executive chairman, Chris Larsen, confirmed reports from blockchain analyst that XRP wallets had been raided.Malicious actors gained access to several of Ripple Co-Founder...

Estonian Crypto Fraud Suspects to be Extradited to the US After Previous Court Annulment

Following a previous denial by an Estonian circuit court, the local government has, once again, approved the extradition of two of its citizens...

‘Razzlekhan’: Amazon Is Turning $4 Billion Bitfinex Bitcoin Heist Into Feature Film – Decrypt

Amazon MGM Studio is developing a movie based on the life of crypto thief Heather “Razzlekhan” Morgan and her husband Ilya Lichtenstein, who in...

Estonia Approves Extradition in Major $575 Million Crypto Fraud Case

In an unexpected twist, Estonia has decided to extradite two nationals accused of masterminding a colossal $575 million cryptocurrency Ponzi scheme. This development...

OneCoin’s Lawyer Gets a Decade in Jail

Mark Scott, the lawyer who laundered $400 million for the OneCoin crypto scam, has been sentenced to ten years in prison. He was convicted...

Why Tornado Cash Remains the Most Pivotal Legal Case in Crypto

Indeed, it is not. We should have the right to transact freely online, whether it’s to communicate with words or to exchange value in...

EU Agrees on Stricter Anti-Money Laundering Rules

Francesco Fulcoli - Chief Compliance Officer The Council of the European Union and the European Parliament have reached a provisional agreement on reforms to strengthen...

Pink Drainer Hackers Drain $4.4 Million in LINK

The infamous crypto-hacking group Pink Drainer has been implicated in a highly sophisticated phishing scam that led to a loss of $4.4 million...

Nirvana Finance Hacker Pleads Guilty, Will Forfeit Over $12 Million in Stolen Funds

A former senior security engineer, Shakeeb Ahmed, pled guilty to the hacking incident on the decentralized finance yield protocol, Nirvana Finance, along with...

Binance CEO Highlights Disproportionate Narrative on Illicit Activities in Crypto versus Fiat Currencies

The debate surrounding illicit financial activities within the cryptocurrency space has been a contentious issue, with critics often pointing to the potential for misuse....

$3,000,000,000 Worth of Crypto Stolen by North Korean Hackers in Six Years, Says Cybersecurity Firm – The Daily Hodl

North Korea has greatly increased its focus on the crypto industry since 2017, stealing over $3 billion in digital assets, according to cybersecurity firm...

Feds Seize ‘Sinbad’ Crypto Mixer Used by North Korea’s Lazarus

In its continued efforts to crack down on North Korea's most formidable state-sponsored threat group, the US government has seized a virtual currency mixer...

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