Hacker News with Generative AI: Money Laundering

Feds: Tether has become a money laundering tool for Mexican drug trafficker (404media.co)
Tether is being used on a massive scale by large scale drug traffickers, to the point where Tether is sold cheaper in Mexico due to its links to drugs, according to court records reviewed by 404 Media.

Cryptocurrency, Crime, Mexico, Money Laundering, Law Enforcement

58 points by SirLJ 2 days ago | 27 comments

Russian authorities arrest nearly 100 in raids tied to criminal money laundering (cyberscoop.com)
Russian authorities announced Wednesday the arrests of nearly 100 people related to the UAPS payment system and Cryptex cryptocurrency exchanges in an investigation into cybercrime-related money laundering.

Cybercrime, Russia, Money Laundering, Cryptocurrency

7 points by r721 62 days ago | 0 comments

Moving Bricks: Money-laundering practices in the online scam industry (globalchinapulse.net)
Jingjing invited me to her office and asked me to wait for her to finish work before we headed out to dinner together.[1] At the time, she was working in a third-party payment company—what, in the jargon of the money-laundering industry, is known as a ‘gateway’ (通道, tongdao). Like another similar enterprise I had previously visited, their premises was in a dozen hotel rooms above a casino in Sihanoukville that were rented monthly.

Money Laundering, Online Scams, Crime, Cambodia, Financial Crimes

236 points by speckx 67 days ago | 167 comments

Lazarus Group laundered $200M from 25 crypto hacks to fiat (mirror.xyz)
Bluenoroff or APT38, more commonly referred to as Lazarus Group is a threat group which has been tied to the North Korean government since as early as 2009 primarily being financially motivated utilizing malware custom built for each target.

Cybersecurity, North Korea, Cryptocurrency, Money Laundering

268 points by noch 80 days ago | 209 comments

Mafias co-opted by CCP run money laundering networks through TD Bank in Toronto (thebureau.news)

Organized Crime, Money Laundering, China, Canada, Finance

17 points by cwwc 96 days ago | 2 comments

Panama Papers: Court acquits all 28 charged with money laundering (bbc.com)

Panama Papers, Law, Money Laundering, Finance, Justice

117 points by atombender 157 days ago | 50 comments

Tornado Cash Developer Found Guilty of Laundering $1.2B of Crypto (wired.com)

Cryptocurrency, Law, Finance, Money Laundering

63 points by olegp 200 days ago | 42 comments

Billions in Dirty Money Flies Under the Radar at Busiest Airports (wsj.com)

Money Laundering, Airports, Crime, Finance, Investigations

95 points by kripy 206 days ago | 88 comments

Crypto Mixer Samourai Wallet's Co-Founders Arrested for Money Laundering (wsj.com)

Cryptocurrency, Finance, Law Enforcement, Money Laundering

45 points by paulpauper 221 days ago | 95 comments