Helix mixer operator gets 3 years in prison for money laundering
Larry Harmon laundered 350,000 BTC, but he was treated leniently for his help in jailing Roman Sterlingov. Go to Source
crypto laundering
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US bids to seize Bankman-Fried’s crypto allegedly used in China bribes
Prosecutors petitioned a New York federal court to seize crypto they alleged is linked to bribes paid to Chinese officials by Sam Bankman-Fried. Go to Source
ZachXBT claims 21 North Korea crypto devs are making $500K a month
Onchain sleuth ZachXBT claims to have found a network of North Korean developers who have been working on dozens of crypto projects. Go to Source
How law enforcement struggles with sophisticated crypto laundering
Advanced crypto laundering techniques continue to challenge law enforcement and crypto-related services as highlighted in a new Chainalysis money laundering report. Go to Source
Federal Agents Crack Down on Drug Ring Using Crypto Mixers
Holly Danielle Adams, 34, from California, has pleaded guilty to charges of drug distribution conspiracy and money laundering via cryptocurrency mixers. This case stems from an investigation by the Northern California Illicit Digital Economy (NCIDE) Task Force, a federal team dedicated to combating all forms of illegal dark web and cryptocurrency activities in the Eastern … Read more
EU Innovation Hub criticizes privacy coins and crypto mixers in new report
In its inaugural report on encryption, the EU Innovation Hub for Internal Security examined how privacy coins and mixing protocols are complicating regulatory efforts. Go to Source
