🚀 Stay Ahead with AltcoinDaily.co! 🌐 Recent forfeiture actions by the US Attorney for the District of Columbia have revealed new insights into how North Korean hackers launder stolen cryptocurrency. The US government is now seeking to recover about $2.67 million in crypto linked to two major hacks orchestrated by the Lazarus Group, a hacking…
October 7, 2024 at 11:50 AM GST updated: October 7, 2024 at 10:51 AM 2 mins read News The U.S. government is seizing $2.67 million linked to North Korean hackers’ laundering schemes using Tornado Cash. Lazarus Group’s hacks include a $28 million theft from Deribit and a $41 million attack on Stake.com, highlighting ongoing threats….
🚀 Stay Ahead with AltcoinDaily.co! 🌐 David Carmona, the founder of the fraudulent cryptocurrency scheme IcomTech, has been sentenced to 10 years in prison for conspiracy to commit wire fraud. U.S. Attorney Damian Williams revealed the extent of Carmona’s deception, explaining how he preyed on working-class individuals by promising financial freedom in exchange for their…
🚀 Stay Ahead with AltcoinDaily.co! 🌐 Evan Frederick Light, an Indiana resident, has pleaded guilty to crypto crime and charges of wire fraud conspiracy and laundering monetary instruments. Light gained unauthorized access to an investment firm’s servers, stealing over $37 million worth of cryptocurrency from nearly 600 victims, according to the United States Department of…
🚀 Stay Ahead with AltcoinDaily.co! 🌐 The German government has taken decisive action against cryptocurrency exchanges that it claims have allowed an underground economy to thrive. On September 19, German authorities announced the shutdown of 47 cryptocurrency trading platforms, accusing them of facilitating cybercriminal activities. According to the country’s federal criminal police office, the exchanges…
🚀 Stay Ahead with AltcoinDaily.co! 🌐 Federal authorities in the United States have arrested two men, Malone Lam (20) and Jeandiel Serrano (21), for allegedly stealing $230 million worth of Bitcoin from a Washington, D.C. resident. The duo faces charges of conspiracy to steal and launder over 4,100 BTC, which they acquired through sophisticated social…
🚀 Stay Ahead with AltcoinDaily.co! 🌐 Government authorities are set to embrace artificial intelligence (AI) in their efforts to track and solve blockchain-based crimes, according to Michael Gronager, CEO of blockchain analytics firm Chainalysis. Speaking at the Token2049 conference in Singapore on September 20, Gronager predicted that AI-driven investigations will become the standard tool for…
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from last week. In this edition, we discuss how Brazil is becoming an example of how states should enforce crypto compliance by battling tax evasion and pursuing money laundering groups instead of targeting crypto innovators. Latam Insights Encore:…
Crypto scammers are shifting from large-scale Ponzi schemes to more focused strategies like emotionally manipulative pig butchering, work-from-home scams, drainers, and address poisoning, blockchain analytical firm Chainalysis stated in a new report According to the firm, both on-chain and off-chain activity indicate that scammers are refining their tactics to conduct shorter and more profitable campaigns…