Crypto Illicit Activities News

The overall proportion of total illicit crypto funds is shrinking by 9% on a year-on-year basis, although bad actors still handled over $34 billion in 2023. The total volume of illicit crypto funds decreased by nearly one-third in 2023, according…

The police alarm crypto is now used as a payment method for buying drugs and guns more than ever before. The use of crypto in illicit activities is growing at an alarming rate as London’s law enforcement officials say digital…

Tether confirms it has frozen 32 addresses linked to illicit activity in Israel and Ukraine.

The U.S. Department of Justice (DOJ) has unsealed charges against two Russian nationals, Alexey Bilyuchenko and Aleksandr Verner, in connection with the 2011 hacking incident involving Mt. Gox.

During a Senate hearing on Wednesday, U.S. Senator Elizabeth Warren highlighted the extensive utilization of cryptocurrency in the Chinese fentanyl trade.

Four employees of South Korean crypto exchange Coinone have been indicted for allegedly employing illegal methods to amass profits exceeding 2.98 billion Korean won.

A report by cryptocurrency intelligence company, CipherTrace, shows that there has been a significant drop in the percentage of illicit crypto transactions in the last 12 months. Crypto Grows Over Illicit Activities According to the report, the crypto space witnessed…