Crime
New Chainalysis Report Suggests NFT Crime Doesn’t (Always) Pay
More NFT wash traders lost money than made money in 2021, according to the blockchain research firm’s data.
Tokens Related to Wonderland Developer Plunge After QuadrigaCX Revelation
Tokens of projects on the Avalanche and Ethereum networks started by Wonderland’s creator fell by as much as 22% in the past 24 hours.
Criminals Still Find It Easier to Hide in Fiat Than Crypto
Lawbreakers can run, but not hide, in transparent cryptocurrency networks, argues Gartner cybersecurity expert Avivah Litan.
Money Laundering Picks Up Steam on DeFi Protocols: Chainalysis
According to a new report from Chainalysis, cybercriminals laundered $8.6 billion in crypto last year – 17% of which went through DeFi protocols.
Is Tornado Cash Complicit in Laundering Crypto? It’s Complicated, Says Former DEA Agent
Obfuscation of the money trail isn’t necessarily money laundering, according to the expert, but it still makes the protocol worthy of being treated with suspicion.
Chinese Police Arrest 8 People Related to $7.8M Rug Pull
Police in Anhui province froze RMB 6 million in assets related to a rug pull with hundreds of victims.
Pakistan’s Crime Agency to Ask Telecom Authority to Block Crypto Websites: Report
The State Bank of Pakistan has already submitted recommendations for regulating cryptocurrencies.
Crypto Crime Hit All-Time High of $14B in 2021 as Prices Climbed: Chainalysis
The percentage of illicit transactions fell drastically, but the dollar value surged, a new report says.
Hong Kong Arrests 2 Suspected of Laundering $384M Through Banks and a Crypto Exchange
Customs agents raided a home in the Yau Tong district and arrested a 28-year-old woman and her 21-year-old brother.
South Korea’s Hashed Under Tax Investigation
The investment firm announced $200 million in new funding last week.
