Crypto crime in 2024 likely exceeded $51B, far higher than reported: Chainalysis
Crypto crime is surging, with AI fraud, stablecoin laundering and ransomware evolution redefining illicit finance. Can regulators keep up?
Crypto crime is surging, with AI fraud, stablecoin laundering and ransomware evolution redefining illicit finance. Can regulators keep up?
Original source
Read on CointelegraphRelated market context
Crypto Laundering Network Linked To Ransomware Gangs Dismantled By Law Enforcement
TL;DR Chainalysis says law enforcement has dismantled AudiA6, a crypto laundering network linked to ransomware and darknet activit...
Ripple chases AI’s machine economy as XRPL stablecoins near $1 billion
Stablecoin liquidity on the XRP Ledger (XRPL) has nearly doubled over the past month, putting the network within reach of a $1 bil...
ZachXBT: Canada More Negligent On Crypto Fraud Than India or Nigeria
Onchain investigator ZachXBT said he has begun turning away all fraud victims in Canada, calling the country’s law enforcement res...
Sam Bankman-Fried loses appeal against crypto fraud conviction
The ruling underscores the judiciary's commitment to equating crypto fraud with traditional financial crimes, setting a stern prec...
Carlos Domingo: The DTCC is repeating telecom’s mistakes, banks need the Clarity Act more than crypto, and stablecoins set the benchmark for tokenized assets | The Wolf Of All Streets
Financial institutions must choose between proprietary systems or embracing open blockchain technologies for future growth. The po...
Japan Three Biggest Banks Unite to Launch Yen Crypto Stablecoin by March 2027
MUFG Bank, Mizuho Bank, and Sumitomo Mitsui Banking Corporation have established a formal joint council to develop and co-issue a...