Results For: crypto
North Korea’s Lazarus Group Laundered $200M from 25+ Crypto Hacks: ZachXBT
Lazarus Group, a hacking organization with ties to the North Korean government dating back to 2009, has allegedly laundered over $200 million stolen from more than 25 cryptocurrency hacks. The hacks occurred between August 2020 and October 2023, according to research by on-chain sleuth ZachXBT. By tracing funds across multiple blockchains and through crypto mixing …...
Crypto Hacking Group Lazarus Impersonates Fenbushi Capital Exec: Report
North Korea-backed cyber-hacker group, Lazarus, has been actively targeting LinkedIn users by impersonating a senior executive of Chinese blockchain asset management firm Fenbushi Capital, according to a recent report by security firm SlowMist. The hacker group’s latest social engineering tactics involve creating fake LinkedIn profiles to gain the trust of potential victims before launching phishing …...
Convicted Crypto Trader in Mango Markets Heist Faces Child Pornography Charges
Avraham Eisenberg, the crypto trader recently found guilty of the $110 million heist from the decentralized finance (DeFi) protocol Mango Markets, now faces additional charges related to the possession of child pornography. The new allegations detailed in court documents claim that some of the images in Eisenberg’s possession depicted prepubescent minors under the age of …...
New UK Legislation Enables Seizure and Destruction of Crypto Linked to Crime
The United Kingdom (UK) has introduced new legislation granting enhanced powers to the National Crime Agency (NCA) and police to seize, freeze, and destroy cryptocurrencies used for illicit activities. According to the press release, the proceeds came into force today. The updated proceeds aim to bolster the ability of UK law enforcement to effectively investigate, …...
🥛 Stripe is coming for crypto 👀
Today’s edition is brought to you by Polkadot – a scalable, interoperable & secure network protocol for the next web, built by Gavin Wood and others. Learn about Polkadot’s innovative technology! GM. This is Milk Road, the only newsletter that gives you that last day of school feeling. Every single day. Here’s what we got …...
Warren Raises Alarm on Crypto’s Role in Child Sexual Abuse in Letter to DOJ
Senators Elizabeth Warren and Bill Cassidy have expressed their concerns about the increasing use of crypto in the illegal trade of child sexual abuse material (CSAM). The duo shared their concerns in a joint letter to U.S. Attorney General Merrick Garland and Secretary of Homeland Security Alejandro Mayorkas. In addition, the senators are calling on …...
CryptoPunk NFT 635 Sells for $12.41 Million (4,000 ETH)
CryptoPunk #635, one of the rare “AlienPunks” from the iconic CryptoPunks NFT collection, has sold for 4,000 ETH. The sale was worth $12.41 million at the time of the sale. The transaction, which took place on April 25, marks the sixth-most expensive CryptoPunk sale to date, according to the CryptoPunks sales platform. Key points: The …...
Crypto Industry Groups Sue SEC Over Expanded ‘Dealer’ Definition
The U.S. Securities and Exchange Commission (SEC) is now the target of a lawsuit brought by the Texas Crypto Freedom Alliance and the Blockchain Association. The lawsuit alleges that the agency’s recently expanded definition of a “dealer” has overreached and could potentially capture individuals who are merely trading in cryptocurrencies. Key points: According to the …...
Crypto.com Faces Money Laundering Inspection, Delay South Korean Launch
The Crypto.com exchange is facing an urgent on-site inspection by South Korean financial authorities regarding potential money laundering activities. According to a report by local news outlet Segye, the Financial Intelligence Unit (FIU) initiated the inspection on April 23rd, just six days before the planned launch of Crypto.com’s domestic service in the country. Key points: …...
🥛 Crypto’s trending tokens… 👀
Today’s edition is brought to you by Cross Finance – an innovative digital ecosystem that effortlessly blends banking and blockchain realms via its L1 blockchain, dApps, and payment card. Dive into the revolution with us on CoinList's testnet!* GM. This is Milk Road, the daily newsletter that gives you the best of crypto in 5 …...
