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MONEY LAUNDERING

Australian Female Hacker Sentenced to 2 Years of Prison for $400K Ripple (XRP) Crypto Heist
Money Laundering

Australian Female Hacker Sentenced to 2 Years of Prison for $400K Ripple (XRP) Crypto Heist

Australia recorded one of its first cases of cryptocurrency theft recently.

Cybersecurity Firm Kaspersky Warns of New Ransomware Devised by Notorious North Korean Ransomware Group
Money Laundering

Cybersecurity Firm Kaspersky Warns of New Ransomware Devised by Notorious North Korean Ransomware Group

Multinational cybersecurity provider Kaspersky has announced that the notorious North Korean crypto criminal group, Lazarus, is planning on releasing a new ransomware.

US Government Creates Cyber Fraud Task Force to Put an End to Crypto Crime
Money Laundering

US Government Creates Cyber Fraud Task Force to Put an End to Crypto Crime

The US Secret Service is hoping to put an end to the increasing money-laundering cases that have erupted with the rise of COVID-19, by creating a special division, dubbed the Cyber Fraud Task Force (CFTF).

Canadian Crypto Exchange Shuts Down to Protect Customers
Money Laundering

Canadian Crypto Exchange Shuts Down to Protect Customers

In Vancouver, Canada, another cryptocurrency exchange has closed down. This is not the first Canadian based Exchange to encounter problems, with some users losing everything last year when another exchange lost access to private keys.