Crime
International Action Dismantles Notorious Russian Crypto Exchange Garantex
On March 7, 2025, the U.S. Department of Justice (DOJ), in coordination with authorities in Germany and Finland, announced the…
Preventing Large-Scale Crypto Hacks: Key Security Measures for Exchanges
Following the Bybit exchange hack on February 21, 2025, the cryptocurrency industry is once again reminded of the concrete consequences…
OFAC Designates Iran-based Darknet Marketplace Administrator with 49 Cryptocurrency Addresses for Facilitating Fentanyl Sales
Today, the United States Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated Iran-based Behrouz Parsarad, the administrator…
Leveraging Transparency for Collaboration in the Wake of Record-Breaking Bybit Theft [UPDATED 2/27/25]
[UPDATED: February 27, 2025; 9:40am EST] This blog has been updated to reflect the latest updates on the Bybit hack.…
United States’ OFAC, United Kingdom’s FCDO, and Australia’s DFAT Jointly Sanction Zservers for Facilitating Ransomware Attacks
On February 11, 2025, the United States Department of the Treasury’s Office of Foreign Assets Control (OFAC), the United Kingdom’s…
Chainalysis in Action: Landmark Case in U.S. Sets Precedent for Crypto-Centric Tax Fraud Investigations
In December 2024, Texas resident Frank Richard Ahlgren III was sentenced to two years in prison and to pay $1,095,031…
2025 Crypto Crime Trends: Illicit Volumes Portend Record Year as On-Chain Crime Becomes Increasingly Diverse and Professionalized
In recent years, cryptocurrency has become increasingly mainstream. Although illicit activity on-chain previously revolved heavily around cybercrime, cryptocurrency is now…
Cryptocurrency in the War Zone: A Closer Look at Recent Events in Syria
Last weekend, the Assad regime — which ruled Syria for over five decades and had been embroiled in a 13-year…
NCA Disrupts Multi-Billion Dollar Russian Money Laundering Network, OFAC Sanctions Related Individuals and Entities
On December 4, 2024, the United Kingdom’s National Crime Agency (NCA) disrupted a multi-billion dollar money laundering network, which provided…
Crypto Money Laundering in Japan: Global Problem, Local Perspectives
Read this article in Japanese. 2024 has seen a number of positive developments for the cryptocurrency ecosystem. In many ways,…
All Crime is Crypto Crime: Gurvais Grigg on How Blockchain Intelligence is Changing Law Enforcement
Gurvais Grigg’s career has been defined by his command of data and technology to combat all facets of crime. A…
Anatomy of an Address Poisoning Scam
In recent years, cryptocurrency scams have become increasingly personalized, directly targeting individual wallet holders with alarming frequency and devastating consequences.…
OFAC Designates Russia-Based Cybercrime Syndicate, Evil Corp, in Joint Effort with UK’s FCDO and Australia’s DFAT
On 1 October, 2024, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC), the UK’s Foreign Commonwealth…
OFAC Designates Russian Exchange Cryptex, FinCEN names PM2BTC
Note: This blog was updated on October 7 to reflect that only Ivanov, not the affiliated service Universal Anonymous Payment…
In Large Operation, German Law Enforcement Seizes Servers of 47 Russia-centric No KYC Exchanges
On September 19, 2024, the German Federal Criminal Police (BKA) seized the infrastructure of 47 Russian-language no-KYC (Know Your Customer)…
