Money Laundering

In a significant victory against cybercrime, the Ukrainian REvil hacker has been sentenced to over 13 years in prison and ordered to pay a hefty fine of $16 million for...

The recent crackdown on the crypto mixer money laundering, Samourai, has unveiled a sophisticated operation allegedly involved in facilitating illegal transactions and laundering criminal proceeds. The cryptocurrency community was shocked...

Recent reports about legal proceedings, a 34-year-old Russian-Canadian national, Mikhail Vasiliev, has been handed a sentence of almost four years in Canadian prison. Vasiliev’s involvement in the global ransomware scheme...

In a significant development, Anatoly Legkodymov, the Russian founder of the now-defunct Bitzlato cryptocurrency exchange, has recently pleaded guilty to charges related to operating an unlicensed money-transmitting business. The implications...

The U.S. Treasury Department recently took a significant step in the ongoing battle against cybercrime by imposing sanctions on Sinbad. It’s a virtual currency mixer utilized by the North Korea-linked...