The U.S. Treasury Department is flexing its cryptocurrency enforcement muscles as industry attention grows. The turbulent crypto sector has historically suffered from the perception that its anonymous and decentralized technical architecture provides a haven for money laundering and other illicit activities around the globe. “2022...
Officials from the U.S. and Germany have reportedly seized what they said was the world’s largest and most prominent darknet market, the Hydra Market, which works to sell illegal goods and services, a Bloomberg report said. The Hydra Market had its servers shut down and...
January 30, 2023
The U.S. Treasury Department is flexing its cryptocurrency enforcement muscles as industry attention grows. The turbulent crypto sector has historically suffered from the perception that its anonymous and decentralized technical architecture provides a haven for money laundering and other illicit activities around the globe. “2022 was a really big year for sanctions,” Andrew Fierman, head of […]
March 28, 2024
Authorities are reportedly investigating billions in cryptocurrency transfers that moved through a Russia-based exchange. The probe into the $20 billion-plus payments is part of efforts by the U.S. and Great Britain to crack down on sanctions evasions amid Russia’s war in Ukraine, Bloomberg News reported Thursday (March 28), citing sources familiar with the matter. According to […]
April 05, 2022
Officials from the U.S. and Germany have reportedly seized what they said was the world’s largest and most prominent darknet market, the Hydra Market, which works to sell illegal goods...
