Архивы Money Laundering

Ukraine: Over 1500 Criminal Cases Related to Cryptocurrencies

2 минуты чтение

Crypto Crime

Ukraine: Over 1500 Criminal Cases Related to Cryptocurrencies

3 месяца тому назад admin

Since 2014, information about more than 1500 criminal proceedings related to various cryptocurrencies has been recorded in the Unified State...

2 минуты чтение

Binance

Uzbekistan’s National Agency Detects Violations by Binance, Imposes Fine

4 месяца тому назад admin

The National Agency for Promising Projects of the Republic of Uzbekistan has identified several violations by the cryptocurrency exchange Binance,...

2 минуты чтение

Crypto Crime

Bitzlato Founder Files for Release Pending Verdict, Accepts Any Court Decision

5 месяцев тому назад admin

Anatoly Legkodymov, the founder of the cryptocurrency exchange platform Bitzlato, has submitted a motion seeking release from custody pending the...

Introduction: Shakib Ahmed, a 34-year-old senior cybersecurity engineer, has pleaded guilty to hacking the DeFi project Nirvana Finance and an undisclosed exchange. The U.S. Attorney's Office for the Southern District of New York revealed this information, stating that Ahmed acknowledged his involvement in the cyberattacks. Background: Ahmed was arrested in July of this year, coinciding with the breach of the Nirvana Finance protocol. Authorities apprehended him on suspicion of money laundering. Before targeting Nirvana Finance, Ahmed exploited vulnerabilities in the smart contracts of an unnamed decentralized exchange based on Solana, likely referring to the Crema Finance project. In the two hacks, Ahmed managed to steal assets totaling $12.3 million. As part of his guilty plea, he has agreed to return the funds to the affected projects and compensate users with $5 million. Legal Ramifications: This case marks a historic event, as it is the first arrest related to a smart contract attack and the first guilty plea in such a hacking case, according to Damian Williams, the U.S. Attorney. Shakib Ahmed employed sophisticated methods for money laundering, involving token exchanges and transfers between Solana, Ethereum, and Monero, along with the use of various cryptocurrency mixers. He faces a potential prison sentence of up to 5 years, with the sentencing scheduled for March of next year. Conclusion: The guilty plea by Shakib Ahmed in the DeFi hacks of Nirvana Finance and the Solana-based exchange highlights the ongoing challenges of securing decentralized financial platforms. The case underscores the importance of cybersecurity measures and the legal consequences individuals may face for exploiting vulnerabilities in the crypto space.

2 минуты чтение

Binance

Senior Cybersecurity Engineer Pleads Guilty in DeFi Hacks of Nirvana Finance and Solana-Based Exchange

5 месяцев тому назад admin

Introduction: Shakib Ahmed, a 34-year-old senior cybersecurity engineer, has pleaded guilty to hacking the DeFi project Nirvana Finance and an...

Binance, Changpeng Zhao, legal proceedings, bail release, legal challenges, compliance issues, financial regulations, US laws, money laundering, VIP-client loopholes, legal developments, leadership update.

2 минуты чтение

Binance

Binance Founder CZ Released on Bail: An Overview of the Legal Developments

5 месяцев тому назад admin

Changpeng Zhao (CZ), the founder of Binance, has been granted bail of $175 million and has agreed to return to...

Binance, Department of Justice, criminal charges, regulatory investigation, Chanpeng Zhao, cryptocurrency, money laundering, banking fraud, sanctions violation, fine

2 минуты чтение

Binance

Binance Faces Potential $4 Billion Fine as U.S. Department of Justice Seeks Resolution

5 месяцев тому назад admin

According to sources from Bloomberg, the U.S. Department of Justice (DOJ) is seeking over $4 billion from the largest cryptocurrency...

2 минуты чтение

Crypto coins

U.S. Struggles to Maintain Leadership in the Stablecoin Sector Amid Regulatory Challenges”

6 месяцев тому назад admin

The United States is making concerted efforts to retain its position as a leader in stablecoin policy and competitiveness. However,...

Money Laundering

Ukraine: Over 1500 Criminal Cases Related to Cryptocurrencies

Uzbekistan’s National Agency Detects Violations by Binance, Imposes Fine

Bitzlato Founder Files for Release Pending Verdict, Accepts Any Court Decision

Senior Cybersecurity Engineer Pleads Guilty in DeFi Hacks of Nirvana Finance and Solana-Based Exchange

Binance Founder CZ Released on Bail: An Overview of the Legal Developments

Binance Faces Potential $4 Billion Fine as U.S. Department of Justice Seeks Resolution

U.S. Struggles to Maintain Leadership in the Stablecoin Sector Amid Regulatory Challenges”

Donate

Возможно, вы пропустили

Художник Грант Юн выпустил новую коллекцию NFT на платформе Solana Exchange Art”

Биткоин: прогноз цены и анализ множественного среднего Майера

Новый законопроект о криптовалютах в России: основные моменты

Исследование Venture Investments на Binance Launchpool