U.S. Treasury officials have lifted sanctions on Tornado Cash, a crypto mixer that the U.S. government previously said was used to launder $7 billion worth of crypto stolen by North Korean hackers. In a statement, the Treasury said it “exercised our discretion” to delist Tornado Cash following a legal battle. Sanctions make it illegal for […]
President Trump’s family has been weighing an investment in Binance.US, according to a report from the Wall Street Journal. The investment would come just a couple of years after Binance’s U.S. arm pleaded guilty to violating anti-money laundering regulation. As part of that guilty plea, Binance’s founder Changpeng Zhao, better known as CZ, paid a
Trump family is reportedly in talks to acquire stake in Binance’s US arm Read More »
Telegram’s self-custodial crypto wallet, developed by a third-party company called The Open Platform (TOP), has introduced new features for people who don’t just use Telegram as a messaging app. The updates include multi-asset trading and yield functionalities. Based on the TON blockchain, TOP launched the wallet in 2023. The company reported that over 100 million
Telegram introduces trading and yield features for its self-custodial crypto wallet Read More »
Indian police have arrested the co-founder of Garantex, a Russian cryptocurrency exchange sanctioned by the European Union and the U.S. government, under India’s extradition law, TechCrunch has exclusively learned and confirmed with state authorities. At 4 p.m. local time (3:30 a.m. PT) on Tuesday, the state police of Kerala arrested Lithuanian national Aleksej Besciokov in
Garantex administrator arrested in India under extradition law Read More »
It has not been a good week for Russian crypto exchange Garantex. Firstly, on Thursday, stablecoin issuer Tether blocked access to Garantex’s wallets that held around $28 million of the crypto exchange’s funds. On the same day, an international law enforcement operation led by the U.S. Secret Service seized Garantex’s official websites. At the time,
The U.S. Department of Justice announced on Friday criminal charges against the administrators of the Russian cryptocurrency exchange Garantex for allegedly facilitating money laundering by criminal and terrorist organizations, as well as violating U.S. sanctions. The two administrators are Lithuanian national and Russian resident Aleksej Besciokov, 46, and Aleksandr Mira Serda, 40, a Russian national
The hackers who stole around $1.4 billion in cryptocurrency from crypto exchange Bybit have moved nearly all of the robbed proceeds and converted them into Bitcoin, in what experts call the first phase of the money-laundering operation. On February 21, Bybit said that a “sophisticated attack” on one of the company’s wallets resulted in the
Hackers launder most of Bybit’s stolen crypto worth $1.4B Read More »
The FBI said the North Korean government is “responsible” for the hack at crypto exchange Bybit, which resulted in the theft of more than $1.4 billion in Ethereum cryptocurrency. On Wednesday, the bureau released a public advisory, attributing the hack to a group known as TraderTraitor. Contact Us Do you have more information about the
FBI says North Korea ‘responsible’ for $1.4 billion Bybit heist Read More »
Last week, hackers stole around $1.4 billion in Ethereum cryptocurrency from crypto exchange Bybit, believed to be the largest crypto heist in history. Now, the company is offering a total of $140 million in bounties for anyone who can help trace and freeze the stolen funds. Bybit’s CEO and co-founder Ben Zhou announced the bounty
Hacked crypto exchange Bybit offers $140 million bounty to trace stolen funds Read More »
As disgraced FTX founder Sam Bankman-Fried serves the early days of his 25-year prison sentence, the crypto wunderkind-turned-criminal made his first public post on X in over two years. Bankman-Fried’s thread on X responds to Elon Musk’s recent ultimatum to federal employees: respond to his email with five bullet points of recent accomplishments, or resign.
Sam Bankman-Fried’s first post from prison isn’t even good Read More »
