Crosschain swaps move $21B in illicit funds, up 200% in two years — Elliptic
Crypto criminals are using crosschain tools such as bridges, DEXs and coin swappers to obscure $21.8B in illicit flows across multiple blockchains.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Crypto criminals are using crosschain tools such as bridges, DEXs and coin swappers to obscure $21.8B in illicit flows across multiple blockchains.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Binance hackers move 81% of stolen Solana, route funds via THORChain
The Binance attackers moved most of the stolen SOL and continued laundering funds through THORChain after the protocol resumed swa...
Six Days After Launch, Morgan Stanley Says It Is Using DTCC’s Tokenization Service
Morgan Stanley is using the DTCC Tokenization Service (DTS) to put U.S. equities and Treasuries into token form, the bank said in...
After Binance’s $6.3 Billion Hack, Austin Campbell Calls for a 24-Hour Clock on Billion-Dollar Crypto Moves
Crypto hacks reach into the billions partly because the industry designed its systems around technology risk and never adopted the...
Binance Hacker Sends $798K in SOL to Privacy Cash, Laundering Spreads Across 11 Chains
Key Takeaways: The Binance hacker wallet deposited 8,567 SOL, or approximately $798,000, to Privacy Cash. Elliptic mapped the laun...
Copilot AI Predicts an Explosive Q4 Move for NEAR Protocol
Something potentially significant could happen for NEAR Protocol by early 2027. Microsoft Copilot AI predicts a highly speculative...
THORChain Restarts Most Swaps After Analyst Said Operators Would Expect North Korea to Launder
THORChain had switched swaps back on for most of the chains halted after an Oct. 31 Ethereum reorg, according to the network’s own...