Crypto Laundering | Crypto

The U.S. Treasury has sanctioned eight individuals and two entities connected to North Korea laundering from cyber theft and IT worker schemes, citing links to weapons funding and adding cryptocurrency addresses and screening data that raise compliance risk for financial and crypto firms. The post U.S. Sanctions North Korean Bankers and Firms Tied to Crypto Laundering appeared first on Cryptonews.

A cyberattack on Brazil’s Central Bank has triggered a wave of crypto laundering, with at least $40 million in stolen funds funneled into Bitcoin, Ethereum, and stablecoins. The post Brazil’s Central Bank Hack Sparks $40M Crypto Laundering in BTC, ETH appeared first on Cryptonews.