📰 North Korea laundered $147.5 million through virtual currency platform Tornado Cash in March after stealing it last year from a cryptocurrency exchange, according to confidential work by United Nations sanctions monitors seen by Reuters on Tuesday.
The monitors told a UN Security Council sanctions committee in a document submitted on Friday that they had been investigating 97 suspected North Korean cyberattacks on cryptocurrency companies between 2017 and 2024, valued at some $3.6 billion.
#CoinswapSpace #CryptoNews #NorthKorea #Cryptocurrency #CyberAttack #TornadoCash #UNsanctions #MoneyLaundering
The monitors told a UN Security Council sanctions committee in a document submitted on Friday that they had been investigating 97 suspected North Korean cyberattacks on cryptocurrency companies between 2017 and 2024, valued at some $3.6 billion.
#CoinswapSpace #CryptoNews #NorthKorea #Cryptocurrency #CyberAttack #TornadoCash #UNsanctions #MoneyLaundering
📰 German authorities have seized almost 250,000 euros ($279,000) in cash in a nationwide operation targeting cryptocurrency ATMs, the country’s financial regulator BaFin said in a statement on Tuesday.
According to the regulator, authorities confiscated 13 machines operating without permits, posing a money laundering risk.
The ATMs had been used for trading bitcoin and other cryptocurrencies and were located in 35 different locations.
#CoinswapSpace #CryptoNews #CryptoATMSeizure #Germany #MoneyLaundering #Bitcoin #Cryptocurrency #FinancialRegulation
According to the regulator, authorities confiscated 13 machines operating without permits, posing a money laundering risk.
The ATMs had been used for trading bitcoin and other cryptocurrencies and were located in 35 different locations.
#CoinswapSpace #CryptoNews #CryptoATMSeizure #Germany #MoneyLaundering #Bitcoin #Cryptocurrency #FinancialRegulation