Summary As half of the Treasury’s newly launched Operation Economic Outcast, OFAC issued a first-ever sectoral willpower overlaying Iran’s digital…
The submit OFAC Targets Ministry of Intelligence, Crypto-for-Oil Payments in Latest Iran Sanctions appeared first on Chainalysis.
A suspect posing as a delivery employee entered a Mission Dolores home close to 18th and Dolores round 6:45 a.m. on Nov. 22, restrained the resident, and stole a cellphone, laptop computer, and about $11 million in cryptocurrency, based on the San Francisco Chronicle. San Francisco police had not introduced arrests or supplied asset particulars…
Summary The Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned greater than a dozen people and entities… The submit OFAC Sanctions Sinaloa Cartel Fentanyl Trafficking and Crypto Laundering Network appeared first on Chainalysis.
Ostium, an on-chain perpetuals buying and selling platform, stated a five-minute safety incident induced losses from its public liquidity vault. Security corporations estimated the exploit at up to $24 million. Co-founder Kaledora Kiernan-Linn confirmed that the challenge ran from 14:18 to 14:23 UTC on July 15 and affected the public Ostium Liquidity Provider (OLP) vault….
TL;DR OFAC designated two UK-registered crypto exchanges, Zedcex and Zedxion, for working in Iran’s monetary sector and processing cryptocurrency transactions for the Islamic Revolutionary Guard Corps (IRGC). The motion contains seven Tron (TRX) addresses related to Zedcex, a service that has reportedly processed over $94 billion in transactions since its registration in August 2022. This…
Chainalysis has identified the cryptocurrency payments infrastructure of one of the largest child sexual abuse material (CSAM) website operating on the darkweb. This site has received over $530,000 in crypto payments funneled through more than 5,800 addresses since July 2022, surpassing the scale of the notorious 2017 “Welcome to Video” case previously covered here. A…
Congress needs a task force for cryptocurrency theft months after the Justice Department disbanded NCET. The proposal, launched by Reps. Lance Gooden and Josh Gottheimer, would create a Federal Cryptocurrency Theft Task Force contained in the Justice Department and place it below the legal professional basic or a designee, in accordance to the bill text…