Crypto mixers and crosschain bridges help criminals obscure stolen funds, making it harder for investigators to trace illicit transactions.
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Russian nationals face charges for allegedly using cryptocurrency mixers to launder proceeds from ransomware, wire fraud, and theft, obscuring illicit funds’ origins, the DOJ says. Russian Nationals Face DOJ Charges for Laundering Cryptocurrency Theft Proceeds The U.S. Department of Justice (DOJ) announced on Jan. 10 the indictment of three Russian nationals for operating cryptocurrency mixers […]
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The US Treasury, under a Trump administration, may bring reform to how courts handle crypto mixer-related incidents, following OFAC’s overreach in the Tornado Cash sentencing.
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The DOJ has sentenced the operator of Helix, a cryptocurrency mixer, to prison and ordered the forfeiture of over $400 million in assets tied to money laundering. DOJ Ends Helix’s Reign: Operator Sentenced The U.S. Department of Justice (DOJ) announced Friday that Larry Dean Harmon, 41, of Akron, Ohio, was sentenced to three years in […]
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July witnessed $266 million in cryptocurrency losses from 16 attacks, with WazirX being the largest victim of North Korean hackers.
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Holly Danielle Adams, 34, from California, has pleaded guilty to charges of drug distribution conspiracy and money laundering via cryptocurrency mixers. This case stems from an investigation by the Northern California Illicit Digital Economy (NCIDE) Task Force, a federal team dedicated to combating all forms of illegal dark web and cryptocurrency activities in the Eastern […]
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An amendment in the bill tightens oversight on institutions engaging in crypto trading.
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