Crypto mixers and crosschain bridges: How hackers launder stolen assets
Crypto mixers and crosschain bridges help criminals obscure stolen funds, making it harder for investigators to trace illicit transactions.
Auto Added by WPeMatico
DOJ Indicts 3 Russians for Operating Crypto Mixers Linked to Cybercrime
Russian nationals face charges for allegedly using cryptocurrency mixers to launder proceeds from ransomware, wire fraud, and theft, obscuring illicit funds’ origins, the DOJ says. Russian Nationals Face DOJ Charges…
A Crypto Mixer’s Endgame: Helix Operator Sentenced With $400M Asset Forfeiture
The DOJ has sentenced the operator of Helix, a cryptocurrency mixer, to prison and ordered the forfeiture of over $400 million in assets tied to money laundering. DOJ Ends Helix’s…
Federal Agents Crack Down on Drug Ring Using Crypto Mixers
Holly Danielle Adams, 34, from California, has pleaded guilty to charges of drug distribution conspiracy and money laundering via cryptocurrency mixers. This case stems from an investigation by the Northern…
US Senate approves national defense bill that also targets crypto mixers
An amendment in the bill tightens oversight on institutions that are engaging in crypto trading.