Crypto crimes are on the rise. Last year, scammers took home a record $14 billion in cryptocurrency. Criminals laundered $8.6 billion worth of cryptocurrency in 2021, up by 30% from the previous year, based on a report by Chainalysis. On February 8, the Justice Department announced that it seized more than $3.6 billion in stolen cryptocurrency […]

The post Laundering crypto is not a walk in the park appeared first on Daily Fintech.

On Tuesday, the US government seized $3.6 billion in bitcoin from the 2016 Bitfinex hack and arrested two individuals, Ilya Lichtenstein and Heather Morgan, on charges of money laundering. Tom[...]

The post How Law Enforcement Tracked Down $3.6 Billion in Bitcoin appeared first on Unchained Podcast.