News with the tag "illicit funds"

The US Treasury Department shut down a North Korean laundering crypto scheme using cryptocurrency to wash millions of dollars. The isolated regime has been linked to several crypto-related crimes. The government emphasized its commitment to dismantling these criminal networks as North Korea continue...

The CEO of Binance has responded to allegations that the cryptocurrency exchange seized all funds from Palestinians at the request of the Israeli Defense Forces. Ray Youssef, CEO of Noones, criticized Binance, accusing it of yielding to external pressures and engaging in discriminatory practices. He...

A new report from Chainalysis has revealed an astonishing finding: digital wallets believed to be linked to criminal activity have transferred close to $100 billion in illicit Funds through the cryptocurrency market since 2019. This concerning pattern has witnessed substantial amounts directed into ...

THORSwap acknowledged the ongoing illicit use of the DEX and are acting to find a permanent block to the misuse.

Crypto bad actors from the DPRK have stolen $340.4 million in 2023, down from $1.7 billion from the prior year, but that's no reason to feel at ease.