The U.S. Treasury Department announced a series of sanctions targeting individuals and institutions accused of facilitating illicit cryptocurrency transactions originating from North Korea. This move comes as part […]
U.S. Treasury Targets North Korea’s Crypto Laundering Network
The U.S. Department of the Treasury expanded sanctions against entities linked to North Korean cybercrime and illicit IT work schemes, targeting a network accused of laundering funds for […]
BingX Exploit: Funds Laundered via ClockSwap’s P2P Platform
Following the recent BingX security breach, blockchain experts have uncovered evidence of stolen funds being laundered through ClockSwap’s peer-to-peer (P2P) exchange. Analysis reveals transactions involving Monero, a privacy […]
DOJ Seizes $7.7M in Crypto Laundered by North Korea
The U.S. Department of Justice (DOJ) has taken action against North Korea for laundering over $7.7 million worth of cryptocurrency. This operation, uncovered through a civil forfeiture complaint […]
US Aims to Seize $7.7 Million in Crypto Laundered by North Korean IT Workers
The US Department of Justice has filed a civil forfeiture complaint, seeking to seize over $7.7 million in cryptocurrency allegedly laundered by North Korean IT workers using fake […]
U.S. Treasury Targets Huione Group for $4 Billion Laundering Scheme
The U.S. Treasury Department has announced sanctions against the Cambodia-based Huione Group, accused of laundering over $4 billion in illicit funds, including substantial amounts linked to North Korean […]
FinCEN Classifies Huione Group as Major Money Laundering Threat, Isolating Entity from U.S. Finance
The US Financial Crimes Enforcement Network (FinCEN) has designated the Huione Group as a major money laundering threat, citing its connection to $4 billion in cryptocurrency scams and […]
U.S. Treasury Targets Huione Group for North Korea Laundering Ties
The U.S. Department of the Treasury is proposing a rule that would cut off Huione Group, based in Cambodia, from accessing the US financial system. The move follows […]
U.S. Treasury Blocks Huione Group Over Alleged North Korean Crypto Laundering
The U.S. Treasury Department has taken decisive action against the Huione Group, a Cambodia-based company accused of facilitating cryptocurrency laundering for North Korea’s state-backed Lazarus Group. On May […]