#Money Laundering

Highlights: Australian financial intelligence agency intends to target crypto ATMs in the coming year. The agency plans to form a new team to oversee crypto ATM providers. AUSTRAC warns that rule-breakers may face significant financial penalties. On December 6, the […]

Highlights: Ilya Lichtenstein was sentenced to five years for stealing billions in the Bitfinex hack. Prosecutors sought a reduced sentence due to Lichtenstein’s cooperation in multiple investigations. Lichtenstein’s wife pleads guilty and faces up to 10 years for laundering stolen […]

Highlights: Roman Sterlingov received a 12.5-year sentence for running the crypto mixer Bitcoin Fog. Bitcoin Fog laundered $400 million, aiding criminal activities like drug trafficking and identity theft. Sterlingov was ordered to forfeit $395 million, including Bitcoin assets and seized […]

Highlights: Tornado Cash Developer Roman Storm’s trial delayed to April after defense and prosecution battle over expert witness disclosures. The trial schedule will affect the Roman Storm trial, allowing time to settle on Judge Failla’s ruling. Roman Storm could face […]

Highlights: The U.S. government is investigating Tether for potential sanctions violations and money laundering. Tether denies ongoing investigations, calling the WSJ report “pure rank speculation.” USDT has a $120 billion market cap and has faced significant regulatory scrutiny. The United […]

Highlights: Lazarus Group used a Chrome flaw to steal crypto, showing new levels of hacking expertise. North Korean hackers lured victims with a fake game, exploiting a Chrome zero-day vulnerability. Lazarus Group uses a Chinese trader to launder millions in […]

Highlights: US prosecutors are seeking a 5-year prison term for Ilya Lichtenstein in the Bitfinex hack case. Authorities have identified Bitfinex as the sole victim of the 2016 crypto heist. Sentencing for Lichtenstein and Heather Morgan is set for November […]

Highlights: Tigran Gambaryan’s bail was denied despite his legal team’s claims of urgent medical needs. The US government is advocating for Gambaryan’s release on humanitarian grounds, citing health concerns. Nigerian courts argue that Kuje Prison can manage Gambaryan’s health despite […]

Highlights: Evan Light pleaded guilty to stealing over $37 million in cryptocurrency from nearly 600 victims. The DOJ and FBI are dedicated to prosecuting cybercriminals despite their attempts to hide. Light faces up to 20 years in prison for each […]

Highlights: Tornado Cash co-founder will face trial after judge rejects his claim that coding is protected free speech. Roman Storm could face up to 45 years in prison if convicted on all charges related to Tornado Cash. The judge ruled […]

Highlights: U.S. authorities charged two Russian nationals for laundering money and evading sanctions through crypto. They also seized websites linked to three illegal cryptocurrency exchanges. The Justice Department’s actions signal a strong push against cyber-enabled financial crimes. On September 26, […]

Highlights: The Swedish Police Authority has accused crypto exchanges of money laundering. According to the FIU, some unregistered crypto exchanges are operating as PMLs. The financial regulatory body divided the PMLs into four categories, citing some distinct characteristics. The Swedish […]