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Chainalysis says an international law enforcement coalition has dismantled AudiA6, a crypto laundering network tied to ransomware actors, darknet markets, and more than 6,000 mule accounts.
Read full articleThe arrests highlight the growing effectiveness of international cooperation in combating crypto-related crimes, potentially leading to stricter regulations. The post DOJ arrests two men linked to AudiA6 crypto laundering service appeared first on Crypto Briefing.
Eleven countries were involved in the joint operation that ended the AudiA6 crypto laundering ring and Dark2Web marketplace.
The Trump administration has convened roughly 20 lawmakers, congressional staff members, and law enforcement representatives at the White House as Senate leaders work toward a possible floor vote on the CLARITY Act before the August recess. According to journalist Eleanor…
The inclusion of law enforcement in crypto regulation discussions may lead to stricter oversight, impacting innovation and market dynamics. The post White House Crypto Council brings law enforcement to the table on Clarity Act concerns appeared first on Crypto Briefing.
Authorities are seeking extradition to the U.S. of two arrested individuals for allegedly laundering $389 million in Bitcoin.
Federal prosecutors have charged two alleged operators of a cryptocurrency laundering service that processed more than $389 million in transactions and received over 10,000 Bitcoin since launching in 2021. According to the U.S. Attorney’s Office for the Eastern District of…
South Korea’s national police launched a special multi-agency task force just weeks ago to go after crypto-based money laundering. Now they have a new partner in that fight. Related Reading: The Quantum Threat Is Coming—Stellar Reveals Its Defense Strategy Building Investigative Muscle Blockchain analytics firm Chainalysis signed a memorandum of understanding with the Korean National […]
A crypto hacker who drained $26 million from Ethereum-based protocol Truebit in January had likely practiced the technique on smaller targets first, according to blockchain analytics firm Chainalysis. Related Reading: The Bitcoin Rally Has A Problem: Demand Is Drying Up A Contract Left Exposed For Years The Truebit exploit was the largest of four incidents Chainalysis identified in a new report covering the past six months. Together, those attacks — targeting Truebit, Trusted Volumes, Aperture Finance, and Ekubo — account for roughly $37 million in losses, all traced back to contracts whose source code had never been publicly verified on blockchain explorers. The Truebit contract had been sitting on Ethereum since 2021. It was compiled using Solidity v0.5.3, a version released before automatic overflow protections became standard. An attacker found an integer overflow flaw inside its bonding curve mechanism and used it to mint large quantities of tokens at minimal cost before convertin
