A recent report from the blockchain analytics firm Chainalysis reported that the Democratic People’s Republic of Korea was allegedly responsible for stealing up to $1.7 billion in cryptocurrencies during the year 2022. This year ended up being the most profitable year ever, for cryptocurrency hackers. North Korea alone stole 44% of the total hacked assets […]
The Office of Foreign Assets Control (OFAC), a Treasury Department agency in charge of preventing sanctions violations, recently added Bitcoin and an Ethereum address to its blacklist. The addresses are those of Igor Zimenkov and his son Jonatan Zimenkov, who are part of “a large network of persons and businesses” aiming to sell defensive weapons […]
The United States Justice Department and Treasury Department have accused Bitzlato Ltd., a Hong Kong-based cryptocurrency platform, of money laundering and have arrested its founder, Anatoly Legkodymov, in Miami. Bust Rather than Boom The charges and arrest come as part of a coordinated effort involving the Federal Bureau of Investigation (FBI), French authorities, and the […]
