Kronos Research was exploited for $25 million in November 2023, with one of the six wallets linked to the hacker moving funds to Tornado Cash on May 7.
‘New frontier’ of crypto laundering involves cross-chain bridges and DEXs: Elliptic
Curve, Uniswap, 1inch, and the Ren bridge were the top platforms of choice for laundering illicit crypto, according to Elliptic.
Former US Treasury official joins Binance to lead AML efforts
Former IRS supervisor Greg Monahan replaces Karen Leong as the global money laundering reporting officer of Binance.