Bitfinex hacker speaks out after sentencing
Ilya Lichtenstein urged his social media followers not to blame his wife — also implicated in money laundering — for the 2016 Bitfinex hack. Go to Source
Money Laundering
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Crypto Money Laundering: Aussie Agency to Target Crypto ATM Providers
Australia’s financial intelligence agency has said it will crack down on cryptocurrency ATM providers to combat money laundering and scams. Task Force Targets Crypto ATMs The Australian Transaction Reports and Analysis Centre (AUSTRAC), Australia’s financial intelligence agency, announced Dec. 6 it will crack down on cryptocurrency ATM providers that fail to comply with the country’s … Read more
Russia sentences Hydra market founder to life in prison
Hydra market founder Stanislav Moiseev and 15 of his accomplices were jailed for between 8 and 23 years for their involvement in the darknet market and crypto mixer. Go to Source
Bitfinex money launderer ‘Razzlekhan’ sentenced to 18 months in prison
A federal judge sentenced Heather Morgan, also known as Razzlekhan, to 18 months in prison for laundering stolen Bitcoin connected to Bitfinex. Go to Source
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
South Korea probes Upbit for 600K KYC violations
Due to the alleged KYC violations, Upbit reportedly faces fines of $71,500 per case in addition to possible issues with Upbit’s business license renewal. Go to Source
Binance exec leaves Nigeria after authorities drop final charges
After eight months’ detainment in Nigeria and court delays, Binance’s head of financial crime compliance, Tigran Gambaryan, is heading home for medical treatment. Go to Source
Monero Decrypted? Japanese Police Report Breakthrough in Flow Analysis Development
The Japanese National Police Agency’s Cyber Special Investigation Division announced the arrest of a suspect accused of money laundering, computer fraud, and credit card phishing crimes. Japanese authorities disclosed that they identified the suspect by analyzing his operations on Monero, a highly private and confidential blockchain. Japanese Police Allegedly Catch Money Laundering Ringleader Using Monero … Read more
Chinese trader laundered more than $17M for Lazarus Group in 25 hacks
The North Korean cybercrime group is credited with some of the biggest crypto hacks, including the $600 million Ronin bridge exploit. Go to Source
Nigeria Drops Money Laundering Charges Against Ex-US Federal Agent
The Nigerian government has dropped money laundering charges against jailed Binance executive and former U.S. Federal agent Tigran Gambaryan. The Binance executive’s lawyer said the charges were dropped after the court determined that Gambaryan was merely an employee and could not be prosecuted for crimes allegedly committed by his employer. This decision follows months of … Read more
