Money Laundering Archives

Samourai Wallet Founders Plead Guilty in 0M Bitcoin Laundering Case

Samourai Wallet Founders Plead Guilty in $100M Bitcoin Laundering Case

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Samourai Wallet co-founders Keonne Rodriguez and William Lonergan Hill have decided to plead guilty to charges related to their mixer service. The pair had previously denied guilt in April 2024 and had made several attempts to have their lawsuit dropped. Pleas Changed on Wednesday According to court documents shared earlier in the week, the executives agreed […]

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Chile Cracks Down on Tren de Aragua’s Crypto Money Laundering Scheme

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Chile recently cracked down on a money laundering scheme that involved moving millions of dollars to various countries, including Venezuela, Colombia, the U.S., Paraguay, Mexico, Spain, and Argentina. The Tren de Aragua used crypto assets to launder some of these criminal funds. Chile Dismantles Tren de Aragua’s Crypto Money Laundering Operation Cryptocurrency has become yet

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Turkey Tightens Grip On Crypto To Foil Money Launderers

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Turkey’s Ministry of Treasury and Finance rolled out new rules this week to stop money laundering through crypto trades. Users now have to put in a transfer note of at least 20 characters explaining why they’re moving funds. At the same time,

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North Korea’s hackers could have laundered as much as .5 billion in stolen crypto

North Korea’s hackers could have laundered as much as $1.5 billion in stolen crypto

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North Korea’s hackers has reportedly stolen nearly $2 billion from centralized crypto exchanges over the past year. Blockchain security researcher Tay Monahan attributes a significant portion of those funds, around $1.8 billion, to a series of major hacks targeting centralized crypto trading platforms like Bybit, DMM Bitcoin, WazirX, Phemex, and BingX. Despite setbacks such as

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Bitcoin Donation Scandal Rocks Czech Republic: Did the State Unknowingly Launder Millions?

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A donation of 468 bitcoin to the Ministry of Justice from a convicted drug trafficker has sparked a scandal in the Czech Republic, leading to the resignation of Justice Minister Pavel Blazek. Blazek claimed he was unaware of any illegal conduct related to the donation. Czech Republic Justice Minister Resigns After Bitcoin Donation Scandal A

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