Browsing Tag
Money Laundering
13 posts
Garantex Crypto Exchange Seized, Two Charged in Laundering Scheme
International law enforcement disrupts Garantex, a multi-billion-dollar cryptocurrency exchange used for money laundering. Two individuals, Aleksej Besciokov and…
3 Russians Indicted for Operating Blender.io and Sinbad.io Crypto Mixers
SUMMARY Three Russian nationals have been indicted for their alleged roles in running cryptocurrency mixing services Blender.io and…
Authorities Take Down Criminal Encrypted Messaging Platform MATRIX
Another day, another cybercrime operation shut down - this time, Europol has dismantled the MATRIX encrypted messaging service.
Bitcoin Fog Operator Gets 12.5 Years for Longest-Running Bitcoin Laundering
Bitcoin Fog operator sentenced to 12.5 years for laundering $400M in crypto. The dark web’s longest-running mixer processed…
Feds Bust Privacy-Centric Samourai Wallet Over BTC Money Laundering
The official website of Samourai Wallet has been seized, while its official app on the Apple Store and Google Play has been removed.
Android Money Transfer XHelper App Exposed as Money Laundering Network
Don't confuse the XHelper app with the notorious XHelper malware, which targets Android devices and is notoriously difficult to remove.
Russian Court Jails Crypto Money Launderer for 12 Years
A Russian crypto money launderer and drug trafficker has been sentenced to 11.5 years by the Ryazan region of Russia.
New Dark Web Market Styx: Focuses on Money Laundering, Identity Theft
Styx has quickly gained traction as a hub for various illicit activities, following the recent seizure of the Genesis dark web market.
$3.6 billion worth of Bitcoin seized from crooks tied to 2016’s Bitfinex hack
The US Department of Justice (DoJ) has confirmed seizing $3.6 billion worth of Bitcoin in what could be…
The Fight against Financial Cyber Crime
The financial services industry is a lucrative target and is disproportionately affected by the rise of cyber crime. Let's discuss its prevention measures.