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US gov files complaints to seize assets from North Korean hackers

[Oct 6 9:45 PM] According to PeckShieldAlert, losses from crypto hacks and exploits accounted for over $120 million in losses during September 2024.

Tron, Tether, and TRM Labs Join Forces to Tackle Crypto Crime

[Sep 10 3:40 PM] Tron, Tether, and TRM Labs have announced the creation of the T3 Financial Crime Unit (T3 FCU), a new initiative aimed at fighting illicit activity in the cryptocurrency space. The partnership, focused on public-private collaboration, seeks to…

Tether stablecoin issuer and Tron launch financial crime unit

[Sep 10 1:41 PM] Tron, the largest network for the USDT stablecoin, will provide its technical expertise to identify and freeze illicit USDT transactions within the new financial crime unit.

TRM Labs Report: Tether’s USDT Was the Go-to Stablecoin for Illicit Activities in 2023

[Mar 29 11:41 PM] A report issued by TRM Labs indicated that Tether’s USDT, the largest stablecoin in the cryptocurrency industry, was the preferred stablecoin used for illicit transactions during 2023. TRM Labs alleges that 1.6% of USDT’s volume was…

Polygon Labs Execs Outline Regulatory Framework to Combat Illicit Activity in Defi

[Jan 31 2:00 AM] A paper prepared by two Polygon Labs executives and a former Financial Crimes Enforcement Network (FinCEN) director presents a framework to combat illicit activity in decentralized finance (defi) markets. The document proposes three different…

Crypto scams are down 77% — but this exploit is making a huge comeback

[Jul 12, 2023 9:21 AM] Attackers of this kind are supposedly "big game hunting” large-scale organizations with deep pockets to extract ”the most money possible” out of these firms.