Browsing Tag
Money Laundering
73 posts
OKX Takes Action: Accounts Involving Tornado Cash To Be Banned
The cryptocurrency exchange OKX has announced a firm policy banning accounts linked to the questionable mixing service Tornado…
Hong Kong busts $190m crypto money laundering ring: report
Hong Kong customs dismantled a sophisticated money-laundering syndicate that processed over $190 million through crypto transactions and over…
WazirX hacker funnels $149M of SHIB, MATIC other altcoins into ETH
Blockchain security firms say bad actors typically move altcoins into Ether to prepare for laundering, as the native…
Are the Tornado Cash developers guilty?
Judge Katherine Polk Failla postponed the trial of Roman Storm, co-founder of Tornado Cash. What is happening in…
Blockchain can combat illicit fund transfers, Nigeria’s top finance investigator says
Nigeria’s Economic and Financial Crimes Commission (EFCC) chair, Olanipekun Olukoyede, advocates for the adoption of blockchain technology and…
Privacy coins, crypto mixers, and money launderers: bitter pills in crypto mass adoption?
We examine the dual-edged sword of privacy in crypto, looking into how anonymity tools like mixers and privacy…
Corruption and money laundering in Tether: protest campaign launched in the US
An advertisement in Times Square in New York accused Tether of corruption and aiding illegal activities. Fox News…
‘Crypto Queen’ accomplice sentenced to six years for Bitcoin money laundering scheme
Jian Wen, a 42-year-old British-Chinese woman, has been handed a sentence of six years and eight months in…
Binance executive denied bail in Nigerian money laundering case
A Federal High Court in Abuja has denied bail to Tigran Gambaryan, a Binance executive, who faces charges…
North Korea used Tornado Cash to siphon HTX’s $147.5M loot: UN
A UN report reveals North Korean hackers laundered $150 million in stolen crypto assets through Tornado Cash in…
