Money Laundering
Crypto Money Laundering in Japan: Global Problem, Local Perspectives
Read this article in Japanese. 2024 has seen a number of positive developments for the cryptocurrency ecosystem. In many ways,…
[REPORT PREVIEW] Money Laundering and Cryptocurrency: Trends and new techniques for detection and investigation
This blog is a preview of our Money Laundering and Cryptocurrency Report. We’re excited to debut first-of-its-kind research that dives…
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…
Stopping Pig Butchering and Crypto Scam Epidemic Podcast Ep. 93
Episode 93 of the Public Key podcast is here! Investment schemes, pig butchering and romance scams are plaguing the crypto…
Funds Stolen from Crypto Platforms Fall More Than 50% in 2023, but Hacking Remains a Significant Threat as Number of Incidents Rises
Over the last few years, cryptocurrency hacking has become a pervasive and formidable threat, leading to billions of dollars stolen…
U.S. Sanctions Crypto Mixer Sinbad.io for Role in North Korean Laundering Activities
The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) announced today that it has imposed sanctions on cryptocurrency mixer…
OFAC Sanctions Russian National Ekaterina Zhdanova for Using Cryptocurrency to Launder Money on Behalf of Russian Elites and Ransomware Groups
On November 3, 2023, the United States Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned Russian national…
Russian and North Korean Cyberattack Infrastructure Converge: New Hacking Data Raises National Security Concerns
In the wake of a historic arms meeting between Kim Jung-un and Vladimir Putin, on-chain data reveals disturbing information: Democratic…
Case Study: How We Track Crypto Money Laundering for Off-Chain Crime
Cybercriminals looking to launder money are often drawn to cryptocurrency due to its near-instant, pseudonymous, and cross-border capabilities. In 2022…
Cryptocurrency Mining Pools and Money Laundering: Two Real World Examples
Cryptocurrency mining is a crucial part of our industry, but it also holds special appeal to bad actors, as it…
OFAC Sanctions Dubai-based Financial Services Firm and CEO for Role in Russian Sanctions Evasion, Includes Crypto Address as SDN Identifier
On May 19, 2023, the U.S. Treasury’s Office of Foreign Assets Control (OFAC) sanctioned 22 individuals and 104 entities operating…
DPRK Facilitators Charged and Sanctioned, Shedding Light on North Korean Crypto Money Laundering Processes
On April 24, 2023, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned three individuals operating…
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…
BTC-e Sends $165 Million Worth of Bitcoin to Personal Wallets, Exchanges, and Other Services
Today, BTC-e sent nearly $165 million worth of Bitcoin — representing almost all of the Bitcoin left in the service’s…
$30 Million Seized: How the Cryptocurrency Community Is Making It Difficult for North Korean Hackers To Profit
One of the most troubling trends in crypto crime right now is the stunning rise in funds stolen from DeFi…