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Tag: Darknet

OFAC Slaps Sanctions on 13 Entities and 2 Individuals Linked to Russia

The Office of Foreign Assets Control (OFAC) has escalated its enforcement efforts by tightening its grip on individuals and entities operating within the financial...

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U.S. plans to sell $130 million of Bitcoin seized in connection with Silk Road

The U.S. government has filed notice to sell $130 million of Bitcoin (BTC) previously seized connection with the Silk Road darknet marketplace.The government said...

Crypto Crime Down 29% in 2023: Chainalysis Report – Decrypt

The amount of crypto stolen through scams last year was nearly a third less than in 2022, according to advance excerpts from a report...

Father and Son Duo Sentenced to Prison for Bitcoin Money Laundering Scheme

A father-son duo, residents of Maryland, have been sentenced for their involvement in a dark web drug trafficking and Bitcoin money laundering scheme. Joseph Farace,...

Ransomware Gangs Use PR Charm Offensive to Pressure Victims

Gone are the days of dark, hooded figures and 8-bit skull-and-bones graphics — ransomware groups are increasingly adopting a more open, quasi-corporate strategy with...

Bitzlato co-founder to plead guilty to $700 million money laundering scheme – TechStartups

Anatoly Legkodymov, co-founder of the seized crypto exchange Bitzlato, is expected to plead guilty in a U.S. court on Wednesday, after facing charges of...

US Treasury Sanctions Crypto Mixer Sinbad

Cryptocurrency mixer was used to launder assets stolen from Axie and Horizon. The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has...

Cybersecurity Firm Adlumin Raises $70 Million in Series B Funding – Finovate

Cybersecurity company Adlumin has raised $70 million in Series B funding. Adlumin offers a Managed Detection and Response (MDR) platform that provides enterprise-grade...

$116,000,000 Gains Missed by US Government by Selling Bitcoin Trove in March – The Daily Hodl

A push to sell thousands of Bitcoin on the open market is costing the US government some serious gains. Back in March, the government sold...

Silk Road Founder Ross Ulbricht: A Decade Behind Bars Ignites Controversy

In a recent post on the social platform X, Ross Ulbricht, the founder of the infamous darknet marketplace Silk Road, revealed that he...

Crypto Crime Sees a Sharp Decline in First Half of 2023, Bitcoin Price Shoots Up – The Daily Hodl

HodlX Guest Post  Submit Your Post   Crypto is back in the black after a tumultuous 2022, with BTC skyrocketing 79% throughout the year so far. The best...

Mastercard Ciphertrace Expert Witness Plays Central Role in $29 Million Disgorgement Case

Mastercard Ciphertrace Expert Witness Plays Central Role in $29 Million Disgorgement CaseAugust 4, 2023Julius MoyeIn the summer of 2023, the 13th District Texas Court...

“Crocodile of Wall Street” and her husband plead guilty to giant-sized cryptocrimes

by Paul Ducklin Back in August 2016, Heather Morgan, a.k.a. Razzlekhan, a.k.a. the Crocodile of Wall Street (actually, there’s a...

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