The United States Senate passed the 2024 National Defense Authorization Act (NDAA) worth $886 billion on July 27. The bill includes a provision targeting crypto mixers, anonymity-enhancing coins and …
Continue Reading about US Senate approves national defense bill that also targets crypto mixers
An international law enforcement operation has taken down ChipMixer, a dark web “mixer” that helped criminals launder over $700 million, Europol and other policing agencies announced on Wednesday. …
According to The European Union Agency for Law Enforcement Cooperation, commonly known as Europol, on March 15, the agency seized assets of cryptocurrency mixer ChipMixer for its alleged involvement …
Continue Reading about Europol seizes $46M from crypto mixer after $2.88B allegedly laundered
Cryptocurrency mixers, otherwise known as ‘tumblers,’ enable users to enhance the privacy of their digital asset transactions. Crypto mixers make it more difficult for third parties to trace a user’s …
Continue Reading about Crypto Mixers and Tumblers: All You Need to Know About Crypto in Stealth Mode
A popular tool that North Korean government-affiliated hackers had allegedly used to disguise their cryptocurrency transactions appears to have reemerged under a new name after being sanctioned by the …
Continue Reading about Sanctioned cryptocurrency tool appears to reemerge under new name
The person that exploited Solana-based decentralized exchange Raydium has sent $2.7 million in Ethereum to now-sanctioned coin mixing protocol Tornado Cash. Transaction logs on Etherscan show that a …
Continue Reading about Raydium Exchange Exploiter Sends $2.7M to Tornado Cash
Illicit cryptocurrency activity reached an all-time high of $20.1 billion in 2022, increasing from $18 billion the previous year in large part due to escalating U.S. sanctions targeting digital …
Continue Reading about Report: Illicit cryptocurrency activity reached all-time high in 2022
30 cryptocurrency wallets linked to Alameda Research, the bankrupt sister company of crypto exchange FTX, became active on Dec. 28 following four weeks of inactivity. These wallets swapped and mixed …
Continue Reading about Alameda wallets funnel over $1.7M via crypto mixers overnight
Cryptocurrency mixing services are a divisive subject in the industry. Some advocate for the privacy-enabling features of these protocols while others maintain that they are mainly used for illicit …
Continue Reading about Into the storm: The murky world of cryptocurrency mixers
The United States Treasury Department’s Office of Foreign Asset Control, or OFAC, has amended the sanctions on cryptocurrency mixer Tornado Cash in addition to including two individuals involved in …
