#Money Laundering
All CosmicBytez Labs articles tagged #Money Laundering, across news, security advisories, how-to guides, and projects.
- News
Chinese Man Extradited for Role in $36 Million Cryptocurrency Scam
Zhen Zhao, extradited from the Netherlands, is accused of laundering nearly $37 million stolen from 174 US victims in a pig-butchering crypto investment scam.
- News
U.K. Sanctions Cryptomus Over $7 Billion in Russia-Linked Money Laundering
The U.K. sanctioned crypto payment platform Cryptomus, accused of laundering over $7 billion for ransomware, fraud, and darknet markets.
- News
DOJ Dismantles Texas 'Laptop Farm' Network Behind $3 Million North Korean IT Worker Scheme
DOJ charged 14 people and raided 40+ Texas laptop farms that funneled $3M to North Korea via fake remote IT workers at 70 US firms.
- News
YMCO Leader Pleads Guilty to Running 15,000-Mule Laundering Network for Cybercriminals
Oleg Korniev, 42, admitted leading YMCO, a ring of 15,000+ U.S. money mules that laundered over $10 million stolen by hackers since 2007.
- News
Dual Ukrainian-Russian Citizen Admits to Running 15,000-Mule Laundering Network for Cybercriminals
Oleg Korniev, 42, pleaded guilty to leading Your Mule Cashout, which used 15,000+ U.S. money mules to launder funds stolen from 750+ bank accounts.
- News
Owner of Empire Cybercrime Market Gets 40 Years in Prison
Raheim Hamilton, co-creator of Empire Market, was sentenced to 40 years and fined $5 million for $430 million in dark web drug and fraud transactions.
- News
Uranium Crypto Exchange Hacker Convicted for Stealing $53 Million
A Manhattan jury convicted Jonathan Spalletta on all counts for hacking Uranium Finance twice in 2021 and laundering $53.3M in crypto.
- News
Vietnamese National Charged in $16 Million 'Pig Butchering' Crypto Scam
DOJ charges Vietnamese national Trung Nguyen Van with laundering $16M from a 'pig butchering' crypto scam; his wallets moved over $53M since 2018.
- News
Interpol's Jackal IV Disrupts West African Crime Infrastructure
A 22-country INTERPOL operation targeting Black Axe and allied networks led to 58 arrests, 263 identified suspects, and seized criminal assets.
- News
US Charges Two New Yorkers for Laundering $43 Million in Pig Butchering Investment Fraud
Federal prosecutors charged Zhuoying Chen and Haojie Zhang with conspiracy to commit money laundering after the pair allegedly moved $43 million in pig...
- News
Spanish Police Take Down €140 Million Cyber Fraud Ring, Arrest Four
Spanish National Police, coordinating with Europol, Interpol, Portugal, and Panama, have dismantled a sophisticated cybercriminal organization responsible...
- News
Money Launderer Accused of Stealing $290K in Seized Crypto While Serving Prison Sentence
A Bulgarian national already serving over 10 years for laundering millions stolen from American fraud victims now faces new charges after allegedly...
- News
Europol Disrupts AudiA6 Crypto Laundering Service Used by Ransomware Gangs
Europol has dismantled AudiA6, a cryptocurrency laundering service described as a key financial pipeline for ransomware gangs and cybercriminal networks...
- News
Authorities Dismantle 'AudiA6' Ransomware Crypto-Laundering Service
Law enforcement has dismantled the AudiA6 cryptocurrency laundering service used by ransomware actors and cybercriminals to clean more than $380 million...
- News
Money Launderer for Crypto Thieves Given 5-Year Prison
A California man has been sentenced to more than five years in federal prison for his role in laundering proceeds for a cybercriminal organization that...
- News
Money Launderer Linked to $230M Crypto Heist Gets 70 Months
Evan Tangeman, 22, of Newport Beach, California, was sentenced to 70 months in federal prison for laundering funds stolen in a $230 million cryptocurrency...
- News
US Sentences Nigerian National to 7 Years in $6 Million
James Junior Aliyu, 31, received a 90-month federal prison sentence for conspiracy to commit wire fraud and money laundering after orchestrating a $6...
- News
Spanish-Ukrainian Police Bust Gambling Ring That Exploited
Spanish and Ukrainian law enforcement dismantled a criminal organization that recruited war-displaced Ukrainian women to open bank accounts used to...