Tuesdayβs verdict in the trial of Alexey Pertsev, a creator of crypto-privacy service Tornado Cash, is the first in a string of cases that could make it much harder to skirt financial surveillance.
Blockchain analysis firm Elliptic, MIT, and IBM have released a new AI modelβand the 200-million-transaction dataset it's trained onβthat aims to spot the βshapeβ of bitcoin money laundering.
Tigran Gambaryan, a former crypto-focused US federal agent, and a second Binance executive, Nadeem Anjarwalla, have been held in Abuja without passports for two weeks.
Crypto tracing firm Chainalysis found that sellers of child sexual abuse materials are successfully using βmixersβ and βprivacy coinsβ like Monero to launder their profits and evade law enforcement.
The US Securities and Exchange Commission is under pressure to explain itself after its X account was compromised, leading to wild swings in the bitcoin market.
Binanceβs settlement requires it to offer years of transaction data to US regulators and cops, exposing the companyβand its customersβto a β24/7, 365-days-a-year financial colonoscopy.β
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.