August 2023

Tornado Cash Founders Charged in Billion-Dollar Crypto Laundering Scandal

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The U.S. Justice Department (DoJ) charged two founders of the Tornado Cash cryptocurrency mixer business with laundering more than $1 billion in illegal proceeds in an indictment that was unsealed on Wednesday. Roman Storm and Roman Semenov have both been accused of conspiring to commit money laundering, to violate sanctions, and to run an unregistered […]

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FBI Alert: Crypto Scammers are Masquerading as NFT Developers

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The U.S. Federal Bureau of Investigation (FBI) has issued a warning about online thieves who pose as non-fungible token (NFT) creators in order to steal cryptocurrencies and other digital assets from unwary consumers. In these fraudulent schemes, fraudsters frequently use deceptive advertising strategies to generate a sense of urgency to pull them off, either by

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Couple Pleads Guilty to Money Laundering in $3.6 Billion Bitfinex Hack

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In connection with the 2016 hack of cryptocurrency stock exchange Bitfinex, which resulted in the theft of around 120,000 bitcoin, a married couple from New York City has admitted guilt on counts of money laundering. The news comes more than a year after Ilya Lichtenstein, 35, and his wife Heather Morgan, 33, were taken into

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