Crypto tracing firm Chainalysis found that sellers of child sexual abuse materials are successfully using “mixers” and “privacy coins” 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.
Binance’s settlement requires it to offer years of transaction data to US regulators and cops, exposing the company—and its customers—to a “24/7, 365-days-a-year financial colonoscopy.”
Stefan Thomas lost the password to an encrypted USB drive holding 7,002 bitcoins. One team of hackers believes they can unlock it—if 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 “mixer” 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 intermediaries—and 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 company’s “very crazy night” trying to stop them.
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