Evita Pay used USDT to funnel cross-border payments. Clients included Sberbank, VTB Bank, Sovcombank, and Rosatom. 22-count indictment includes money laundering, wire fraud. In a sweeping indictment that highlights growing …
Laundering
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The Lazarus Group has already laundered all the unfrozen funds it stole from the recent Bybit hack. The group used THORChain’s DEX to convert ETH tokens, sparking community criticisms. Some …
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Exchanges
FBI Confirms North Korea Behind Bybit Hack, Urges Concerted Effort to Prevent Laundering
by SKby SKThe Federal Bureau of Investigation (FBI) confirms the involvement of North Korea in the Bybit hack. Over the past few years, North Korean state-sponsored actors have terrorized the crypto space, …
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Exchanges
Bybit’s $1.46B Hack: Recovery Efforts Begin as North Korean Laundering Operation Unfolds
by SKby SKTLDR: North Korean hackers have begun laundering approximately $140 million (10%) of the $1.46 billion stolen from Bybit through anonymous exchange services and conversion to Bitcoin Bybit is offering a …