Share this article Centralized exchanges continue to be the primary channels for laundering, despite a slight shift in the distribution of illicit funds towards DeFi protocols and gambling services, a Feb. 15... Read more »
Stablecoins took over the majority of all illicit transaction volume in 2022 and 2023 as cybercriminals sought out other ways to transact apart from using Bitcoin (BTC). In its latest report on... Read more »
The United States Financial Services Committee (FSC) has scheduled a Nov. 15 hearing for a deep dive into the illicit activities in the cryptocurrency ecosystem. The hearing, ‘Crypto crime in context: breaking... Read more »
A former senior manager at Huobi, one of the world’s largest crypto exchanges, is being prosecuted in Hong Kong after accusations that he made $5mn by secretly trading in opposition to an... Read more »
It’s time to take “illicit exercise” off the FUD dice. Earlier this month, the U.S. Department of the Treasury revealed reports that indicated that using bitcoin and different cryptocurrencies for illicit exercise... Read more »
WISeKey to Invest up to $10 Million Over the Next Two Years to Perform Bitcoin Mining From its Swiss Mountain Secure Bunker and Adapt its Cybersecurity Technologies to Defend Against Illicit Cryptocurrency... Read more »
One of South Africa’s greatest cryptocurrency exchanges, Luno, has confirmed that it has began proscribing withdrawals by purchasers. The trade insists the bounds are supposed to “act as a deterrent for illicit... Read more »
In transient President Biden has proposed a 50% funds enhance for the Financial Crimes Enforcement Network. FinCEN has beforehand proposed guidelines that might pressure crypto exchanges to acquire KYC info on personal... Read more »
Adding to the South Korean cryptocurrency business’s stricter rules, the central authorities is focusing on the “crackdown” of unlawful crypto transactions. A gathering over the week held with high-ranked politicians resulted in... Read more »