Spanish authorities, supported by Europol and enforcement teams from France, Estonia, and the United States, have taken down a sprawling crypto money laundering operation that moved over $540 million in criminal proceeds. Five people have been arrested in connection with the scheme. Three of them were found in the Canary Islands, and the other two … Read more
Recently, the US Department of Justice (DoJ) filed a complaint in a US District Court in Columbia to forfeit over $7.74 million in crypto linked to North Korean laundering activities. In a press release published on 5 June 2025, the DoJ threw light on a broader scheme in which North Korean IT workers obtained illegal … Read more
Hong Kong authorities have successfully busted a cross-border crypto laundering network that allegedly processed approximately HK$118 million (US$15 million) in illicit funds. The enforcement action resulted in a dozen arrests as officials intensified their campaign against individuals who monetized their personal banking credentials. Law enforcement conducted a series of coordinated raids on Thursday led by … Read more
Privacy-focused exchange eXch will shut down operations on May 1 following rising allegations that it was used to launder funds stolen in the $1.5 billion Bybit hack. In an Apr. 17 notice on the Bitcoin Forum, eXch’s team said the project had become the target of a “transatlantic operation” aiming to shut it down and … Read more
The non-KYC centralized exchange eXch has strongly denied allegations of laundering stolen funds from the historic Bybit hack on behalf of the notorious Lazarus Group. The accusations, which have been widely discussed across social media and blockchain investigation forums, claim that eXch processed millions of dollars in stolen funds tied to the North Korean hacking … Read more