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Liquid Cryptocurency Exchange Loses Over $90 Million Following Hack Japan-based cryptocurrency exchange Liquid has suspended deposits and withdrawals after attackers have compromised its warm wallets. Liquid is one of the largest cryptocurrency-fiat exchange platforms worldwide (based on daily traded spot volume). The exchange has more than 800,000 customers from over 100 countries and says that
Bitcoin Mixer Owner Pleads Guilty to Laundering Over $300 Million Larry Dean Harmon, the owner of a dark web cryptocurrency laundering service known as Helix, pleaded guilty today of laundering over $300 million worth of bitcoins between 2014 and 2017. “Harmon admitted that Helix partnered with several Darknet markets, including AlphaBay, Evolution, Cloud 9 and
Ukraine Shuts Down Money Laundering Cryptocurrency Exchanges The Security Service of Ukraine (SBU) took down a network of cryptocurrency exchanges used to anonymize transactions since the beginning of 2021. Over 1,000 “customers” used the clandestine exchanges to launder funds received from Russian electronic payments processors, including Yandex.Money, Qiwi, and Webmoney. “The clandestine cryptocurrency exchanges were
Hacker Behind Biggest Cryptocurrency Heist Ever Returns Stolen Funds The threat actor who hacked Poly Network’s cross-chain interoperability protocol yesterday to steal over $600 million worth of cryptocurrency assets is now returning the stolen funds. AAs the Chinese decentralized finance (DeFi) platform Poly Network shared two hours ago, the hacker has already returned almost $260 million