The US government is intensifying its efforts to combat illicit cryptocurrency activities linked to North Korean actors. Two significant developments underscore this trend: the DOJ seizing over $7.74 […]
US Seizes $7.7 Million in Crypto Tied to North Korean IT Infiltration Scheme
The U.S. Department of Justice has initiated a forfeiture action to seize approximately $7.74 million in cryptocurrency linked to an illicit scheme involving North Korean hackers. This money, […]
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 […]
Russia’s Largest Bank Issues First Bitcoin Bonds: A Historic Milestone
Sberbank, Russia’s largest financial institution with $550 billion in assets, has made history by launching Bitcoin bonds exclusively for wealthy investors. This innovative move is part of a […]
Russia Eyes Crypto Payments for Grain Exports Amid Sanctions
Facing sanctions and trade limitations, Russia is exploring a groundbreaking solution to facilitate its massive grain exports – accepting cryptocurrency. Russian banks, including Rosselkhozbank (RSHB), are evaluating crypto […]
Russia’s Grain Exports May Turn to Crypto Amidst Sanctions Hurdle
Facing severe sanctions and a crippled financial system, Russia is exploring the use of cryptocurrency as a payment method for its massive grain exports. This innovative approach aims […]
Russia Explores Crypto for Grain Export Settlements Amidst Sanctions
Facing Western sanctions that restrict traditional payment methods, Russia is considering the use of cryptocurrency to settle grain exports. The Agricultural Bank of Russia, a key player in […]
US Sanctions Philippine Tech Firm Over Crypto Scams
The US Treasury has imposed sanctions on Funnull Technology Inc., a Philippine-based tech firm accused of facilitating over $200 million in crypto scams. These sanctions effectively freeze assets […]
US Tightens Sanctions on Chinese Tech Firms, Impacting Subsidiaries and Exports
The US government has announced plans to expand sanctions against Chinese tech companies, targeting their subsidiaries and software exports. This move aims to address national security concerns. The […]
Grinex Facilitates $1.66 Billion in Crypto Transfers Amidst Regulatory Scrutiny
Following the sanctions imposed on Garantex, Grinex has facilitated a staggering $1.66 billion worth of cryptocurrency transactions since its emergence, according to Global Ledger’s analysis. This development raises […]
U.S. Imposes Sanctions on Philippines Firm Involved in Cryptocurrency Scams
The U.S. government has imposed sanctions on Windward Logistics Inc., a Philippine firm accused of facilitating financial transactions linked to cryptocurrency scams. This action showcases the ongoing global […]
US Sanctions Tech Firm Over Crypto Scam Assistance
The U.S. Treasury has imposed sanctions on a Philippine tech firm, Funnull Technology, and its alleged administrator for allegedly facilitating thousands of cryptocurrency scams. The Office of Foreign […]
SWIFT Bolsters Crypto Oversight as Russia and China Seek Sanctions Loopholes
To combat potential sanctions evasion by Russia and China, SWIFT is enhancing its oversight of crypto transactions. This move comes amid growing geopolitical tensions following the Russia-Ukraine war.
U.S. Sanctions KNA for Cyber Fraud, Targeting Criminal Networks
The U.S. Department of Treasury has imposed sanctions on the Karen National Army (KNA), also known as the Karen Border Guard Force, and its leadership due to their […]
U.S. Sanctions Cambodian Firm Over $4 Billion Crypto Laundering
The U.S. Treasury Department has imposed sanctions on Huione Group, a Cambodian firm, for its role in laundering over $4 billion in cryptocurrencies. This action highlights the global […]