crypto crime
UK Crime Network, Worth Billions, Used Crypto to Funnel Drug Cash to Russia, NCA Says
A billion-pound laundering network spread across the UK used cryptocurrency to move criminal proceeds and help Russian interests evade sanctions, according to the NCA.
Elliptic Lands HSBC Investment, Extending Big Bank Backing in Blockchain Analytics
The London-based firm says the deal underscores growing institutional demand for blockchain oversight as banks move deeper into digital assets.
California Man Sentenced in $36.9M Crypto Scam Tied to Infamous Huione Group
Elliptic say some of the funds were laundered through Huione Payments.
Crypto Crime Amounted to Over $24B in 2023: Chainalysis
The figure is nearly 40% less than that of 2022, however it is only provisional, Chainalysis stressed.
Crypto Criminals Have Moved On From Bitcoin to Other Altcoins: TRM Labs
Blockchain analytics firm TRM Labs has released a new report on the elicit crypto ecosystem, noting Bitcoin is no longer the preferred chain for criminals. TRM Labs Head of Legal and Government Affairs Ari Redbord discusses the key takeaways from the report, sharing insights into the latest on crypto crime and terror financing.
Binance and Huobi Freeze $1.4M in Crypto Tied to Harmony Bridge Theft
Tracing firm Elliptic said it followed the money through Tornado Cash.
21 Americans Charged for Alleged Crypto Money Laundering Schemes
Federal prosecutors in Texas have slapped 21 U.S. citizens with an assortment of criminal charges for allegedly helping various transnational criminal rings launder their ill-gotten gains using cryptocurrency. "The Hash" panel discusses the latest in the world of crypto crime.
Crypto Crime Hit an All-Time High of $14B, But That’s Only Half the Story
Crypto sleuthing firm Chainalysis found crypto crimes accounted for $14 billion worth of blockchain transactions in 2021, an all-time high, but “The Hash” co-host Zack Seward points out the other side of the coin: Crypto crimes only accounted for 0.15% of all blockchain transactions, an all-time low.
Growing Debate Over Encrypted Smartphones and Crime
"The Hash" responds to an op-ed written by the executive director of Europol and district attorney of New York, which suggests global law enforcement authorities should have back door access to encrypted digital devices to prevent and solve crimes.
Crypto and Security: Tips to Prevent Hacks for Exchanges to Nations Embracing Bitcoin
Kris Constable, CEO of bitcoin wallet app CoinOS, discusses how his company is helping to combat the “perpetual problem” of crypto exchanges falling victim to hacks. Meanwhile, NextWorldLeader’s Shannon Allen shares his take on the DeFi sector becoming a prime target for hackers. “Code auditing is key,” Allen said.
