North Korea Reportedly Using Altcoins to Convert $1.5B in Stolen Funds to Cash

North Korean hackers are reportedly using untraceable altcoins to convert stolen cryptocurrencies into cash. North Korea-based cybercriminals are suspected to be using untraceable alternative cryptocurrencies, or altcoins, to convert stolen funds into cash. According to an NK News report, an unpublished United Nations Panel of Experts report states that North Korea-backed hackers have stolen approximately […]

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Cellebrite Launches Crypto Tracer Solution to Track Illicit Transactions

Cellebrite released a new cryptocurrency tracer tool that gives law enforcement and analysts the ability to track illicit crypto transactions. Digital intelligence firm Cellebrite has launched its “Cellebrite Crypto Tracer” solution. The new offering is powered by CypherTrace and aims to trace illicit cryptocurrencies involved in money laundering, terrorism, drugs, human trafficking, weapon sales and […]

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Crypto Companies, Law Enforcement and Intelligence Firms Team Up to Fight Human Trafficking

Crypto companies, intelligence firms and law enforcement agencies team up to fight human trafficking through data sharing and educational awareness. It may seem like an unlikely combination, but crypto companies and law enforcement agencies are joining forces to combat a major global crime: human trafficking. The Anti-Human Trafficking Intelligence Initiative (ATII) launched a cryptocurrency consortium […]

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LocalBitcoins Seller Charged After Undercover ‘Human Trafficking’ Sting

A Washington state man has been charged with money laundering after selling Bitcoin to undercover agents posing as human traffickers. A Washington state resident has been charged with money laundering after selling Bitcoin for $140,000 in cash to undercover agents. Bothell’s Kenneth Warren Rhule, 26, met with agents from Homeland Security Investigations on numerous occasions […]

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Top 10 Congresspeople Working on Crypto Policy

Cointelegraph’s list of the top-10 U.S. congresspeople playing outsized roles in the crypto and blockchain industries. Following a year that has seen unprecedented interactions between United States legislators and the crypto industry, Cointelegraph has compiled a roster of congresspeople who have established stances and policies for blockchain and cryptocurrency that will shape the future of […]

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Anti-Human Trafficking Agency Traces Crypto to Fight Modern-Day Slavery

CipherTrace announced partnership with ATII to combat human trafficking by tracing crypto back to its source. Cryptocurrency could be a game-changer for combating crime, a notion illustrated by CipherTrace’s newly formed partnership with the Anti-Human Trafficking Intelligence Initiative (ATII). CipherTrace, a leader in blockchain security, has announced that it will join forces with ATII to […]

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How Crypto Exchanges Are Tackling Poverty

What exactly are the significant steps emerging blockchain technology has made toward making the world a better place? Ongoing technological advancement in digital currencies is a phenomenon that can help developing countries both politically and economically. Cryptocurrencies can solve problems that are unique to these countries by providing access to a bank account, easy transfer […]

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