Stefan Thomas lost the password to an encrypted USB drive holding 7,002 bitcoins. One team of hackers believes they can unlock itβif they can get Thomas to let them.
With a new emphasis on the Hamas attacks on Israel, the US Treasury has proposed designating foreign cryptocurrency βmixerβ services as money launderers and national security threats.
Whoever looted FTX on the day of its bankruptcy has now moved the stolen money through a long string of intermediariesβand eventually some that look Russian in origin.
The same chaotic day FTX declared bankruptcy, someone began stealing hundreds of millions of dollars from its coffers. A WIRED investigation reveals the companyβs βvery crazy nightβ trying to stop them.
The crypto money-laundering market is tighter than at any time in the past decade, and the few big players are moving a βshockingβ amount of currency.