Report Shows Hackers Launder $540M Through Crypto RenBridge Platform | Bitcoinist.com

Decentralization is a unique feature for cryptocurrency that removes the interference of third parties in crypto-asset transactions. While it could be an advantage in most cases for investors and other participants, it could limit fraud detection.

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Alleged 29-Year-Old Tornado Cash Developer Arrested By Dutch Investigators In Amsterdam – Ethereum World News

Summary:

A suspected developer of crypto mixing service Tornado Cash has been arrested in the Netherlands.
The individual was reprimanded by the Dutch Fiscal Information and Investigation Service on Wednesday.

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US Treasury Department Sanctions Crypto Mixing Service Tornado Cash – BeInCrypto

The U.S. Treasury Department’s Office of Foreign Assets Control has sanctioned the token mixing platform Tornado Cash.
According to the department, the mixing service has been responsible for $7 billion in illicit fund flows since its founding in 2019.

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US Justice Department seized $500K in fiat and crypto from hackers connected to DPRK government

The United States Department of Justice has seized and returned roughly $500,000 in fiat and crypto from a hacking group tied to the North Korean government, which included two crypto payments made by U.S. health care providers.

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