The ‘Largest Illicit Online Marketplace’ Ever Is Growing at an Alarming Rate, Report Says

Credit to Author: Matt Burgess, Lily Hay Newman| Date: Tue, 14 Jan 2025 09:00:00 +0000

Huione Guarantee, a gray market researchers believe is central to the online scam ecosystem, now includes a messaging app, stablecoin, and crypto exchange—while facilitating $24 billion in transactions.

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69,000 Bitcoins Are Headed for the US Treasury—While the Agent Who Seized Them Is in Jail

Credit to Author: Andy Greenberg| Date: Wed, 09 Oct 2024 16:02:20 +0000

The $4.4 billion in crypto is set to be the largest pile of criminal proceeds ever sold off by the US. The former IRS agent who seized the recording-breaking sum, meanwhile, languishes in a Nigerian jail cell.

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The $2.3 Billion Tornado Cash Case Is a Pivotal Moment for Crypto Privacy

Credit to Author: Andy Greenberg| Date: Mon, 13 May 2024 14:12:03 +0000

Tuesday’s verdict in the trial of Alexey Pertsev, a creator of crypto-privacy service Tornado Cash, is the first in a string of cases that could make it much harder to skirt financial surveillance.

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