Mixers
Money Laundering Activity Spread Across More Service Deposit Addresses in 2023, Plus New Tactics from Lazarus Group
The goal of money laundering is to obscure the criminal origins of funds so that they can be accessed and…
Crypto Money Laundering: Four Exchange Deposit Addresses Received Over $1 Billion in Illicit Funds in 2022
Money laundering is crucial to all financially motivated crime because it’s what enables criminals to access the funds they generate…
Trolls Have Sent an Estimated $52,000 in Small Tornado Cash Payments Following OFAC Designation
Earlier this week, Tornado Cash became the second ever mixer and first ever DeFi protocol to be sanctioned by OFAC.…
OFAC Sanctions Popular Ethereum Mixer Tornado Cash for Laundering Crypto Stolen by North Korea’s Lazarus Group
Today, the U.S. Treasury’s Office of Foreign Assets Control (OFAC) sanctioned the popular Ethereum mixer Tornado Cash, adding it to…
[CHAINALYSIS PODCAST EPISODE 15] Why Crypto Mixer Usage Has Reached All-time Highs in 2022
Episode 15 of Public Key, the Chainalysis podcast, is here! In this episode, we talk with Kim Grauer about recent…
Crypto Mixer Usage Reaches All-time Highs in 2022, With Nation State Actors and Cybercriminals Contributing Significant Volume
Crypto mixers are a go-to tool for cybercriminals on the blockchain. We find that in 2022, crypto addresses tied to…
FinCEN’s $60 Million Helix Fine Reveals how Regulators May Enforce Law on Mixers Moving Forward
This past Monday, October 19, 2020, FinCEN announced a $60 million civil fine against Larry Dean Harmon, operator of cryptocurrency…