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Nalezeno "Illicit Activity": 35

Tether Responds to UN Report Alleging Involvement in Illicit Activity, Disputes Claims

16.1.2024
Major stablecoin firm Tether has responded to the United Nations (UN) report highlighting the alleged involvement of the Tether stablecoin USDT in illicit activity. Tether Challenges UN Report and Calls for Blockchain Education Read more ⬇️https://t.co/RM474wIiqo — Tether (@Tether_to) January...

USDT at the Heart of Pig Butchering Scams Says the UN

16.1.2024
The stablecoin tether has emerged as one of the preferred payment methods for money launderers and fraudsters operating out of Southeast Asia, the findings of a new United Nations study have shown. According to Jeremy Douglas, criminals are choosing to use tether because they know that...

Tether Hits Back at UN Report Alleging Role of USDT in Illicit Activity in East Asia

16.1.2024
Tether, the issuer of the largest stablecoin by market cap, has challenged the United Nations (UN) for its report on underground banking and money laundering infrastructure in East and Southeast Asia

Report Finds Less Illicit Crypto Activity in Nations With Full Licensing Regimes in 2023: TRM Labs

8.1.2024
Blockchain analytics firm TRM Labs has found that crypto service providers in countries with full regulatory regimes had lower rates of illicit activity than those in less regulated jurisdictions in 2023

House Financial Services Subcommittee on Digital Assets Tackles Hamas’ Illicit Cryptocurrency

15.11.2023
The House Financial Services Subcommittee on Digital Assets, Financial Technology & Inclusion convened the afternoon of Wednesday, November 15th, to discuss illicit activity in regards to cryptocurrency. Bad actors “We know that bad actors prey on vulnerabilities wherever they can find them,”...

U.S. Financial Services Committee to Discuss “Illicit Activity in Digital Assets” at Wednesday Hearing

13.11.2023
The Financial Services Committee is holding a hearing on Wednesday, November 15th, to discuss “illicit activity in digital assets,” including money laundering, terrorist financing, and the role of law enforcement in crypto crime. Witnesses include Senior Counsel and Director of Global Regulatory...

U.S. FSC to discuss illicit activity in crypto at upcoming hearing

13.11.2023
Discussions around illicit activity, such as money laundering and terror financing, will take center stage at the Financial Services Committee hearing

Report: Australian Police Seize Crypto Worth $1.5 Million From Dark Web Drug Dealer

10.10.2023
The police in the Australian state of South Australia recently seized cryptocurrency worth $1.5 million from an alleged dark web drug dealer. Police also recovered a “large quantity” of the synthetic opioid nitazene as well as tens of thousands of dollars in cash. ‘Illicit...

Crypto scams are down 77% — but this exploit is making a huge comeback

12.7.2023
Attackers of this kind are supposedly "big game hunting” large-scale organizations with deep pockets to extract ”the most money possible” out of these firms

Reports Say FTX Warns Customers Not to Interact With Aztec Network, CEO Sam Bankman-Fried Responds

21.8.2022
According to reports on social media, a number of users have complained that FTX has blocked a transaction that was associated with the Aztec Network’s zkmoney privacy technology. Following the accusations, FTX CEO Sam Bankman-Fried explained that transactions are monitored for...

Coinbase Touts Blacklist of 25K Russia-Linked Addresses Allegedly Tied to Illicit Activity

7.3.2022
Combating accusations that crypto is an ideal sanctions evasion tool, Coinbase said it has long taken “proactive” steps to root out criminally-tied Russians

Illicit Activity’s Share in Crypto Shrinks, 'Significant Problem' Remains

6.1.2022
The growth of legitimate crypto usage is far higher than that of illicit usage, according to blockchain analysis company Chainalysis. However, illicit activity is still “a significant problem.” “Transactions involving illicit addresses represented just 0.15% of cryptocurrency transaction...