Cryptocurrency Mixer
Cryptocurrency theft attacks traced to 2022 LastPass breach
Blockchain investigation firm TRM Labs says ongoing cryptocurrency thefts have been traced to the 2022 LastPass breach, with attackers draining wallets years after encrypted vaults were stolen and laundering the crypto through Russian exchanges. In 2022, LastPass disclosed that attackers breached its systems by compromising a developer environment, stealing portions of the company’s source code and proprietary technical […]
Police takes down Cryptomixer cryptocurrency mixing service
Law enforcement officers from Switzerland and Germany have taken down the Cryptomixer cryptocurrency-mixing service, believed to have helped cybercriminals launder stolen funds. The joint action was part of “Operation Olympia,” and it took place between November 24 and November 28 in Zurich, Switzerland. Authorities, supported by Europol and Eurojust, seized three servers and the clear web […]
Crypto mixer founders sent to prison for laundering over $237 million
The founders of the Samourai Wallet (Samourai) cryptocurrency mixing service have been sent to prison for helping criminals launder over $237 million. Samourai CEO Keonne Rodriguez was sentenced to five years in prison on November 6th, while the cryptomixer’s Chief Technology Officer William Lonergan Hill received a four-year sentence on November 19th. Both men were […]
Cryptomixer founders pled guilty to laundering money for cybercriminals
The founders of the Samourai Wallet (Samourai) cryptocurrency mixer have pleaded guilty to laundering over $200 million for criminals. Samourai CEO Keonne Rodriguez and CTO William Lonergan Hill admitted to their involvement in the Samourai money laundering operation, pleading guilty to conspiracy for operating a money transmitting business that handled criminal proceeds, and are now facing a […]
US removes sanctions against Tornado Cash crypto mixer
The U.S. Department of Treasury announced today that it has removed sanctions against Tornado Cash, a cryptocurrency mixer used by North Korean Lazarus hackers to launder hundreds of millions stolen in multiple crypto heists. The Department’s Office of Foreign Assets Control (OFAC) sanctioned Tornado Cash in August 2022 for helping launder over $7 billion since its creation in […]
US charges operators of cryptomixers linked to ransomware gangs
The U.S. Department of Justice indicted three operators of sanctioned Blender.io and Sinbad.io crypto mixer services used by ransomware gangs and North Korean hackers to launder ransoms and stolen cryptocurrency. Cryptocurrency mixers allow the mixing of deposited crypto assets among many wallet addresses to help obfuscate their source. The services then take a commission from […]