Criminal gangs from North Korea and Russia are increasingly using services mixing illicitly obtained cryptocurrency with genuine transactions to throw investigators of their scent.
, said the 30-day moving average of value received by mixers hit a high of $US51.8 million in April, about double the amount 12 months earlier.
In the first quarter of 2022, there was about $US200 million sent through mixers by illicit addresses, and less than half of that was from sanctioned groups. Hydra was a marketplace facilitating drug trafficking, money laundering and crypto exchange on the dark web, an encrypted section of the internet that search engines don’t index and authorisation and special configuration is needed to access.
“Lazarus Group is a cybercrime syndicate responsible for several cryptocurrency hacks on behalf of the North Korean government, and along with associated groups remains extremely active today,” Chainalysis said.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Russia ‘doesn’t have the courage’ to admit defeat, says Zelenskiy – as it happened
Read more »
Russia-Ukraine war update: what we know on day 140 of the invasionUkrainian rockets hit Russian-held town in Kherson; death toll in Chasiv Yar, eastern Ukraine, rises to at least 45
Read more »
Two people arrested in relation to fatal street shooting in Melbourne's inner northPolice question two people arrested in relation to a street shooting that left a man dead in Melbourne's inner north on Tuesday afternoon.
Read more »
Russia strikes south-eastern Ukraine with deadly force while US condemns deportation of UkrainiansRussian missile strikes in Ukraine's southern city of Mykolaiv have killed at least five people, Ukrainian authorities say, the latest in a series of artillery barrages across the country in the past day that left at least 10 dead and nearly 20 wounded in eastern and southern regions.
Read more »
Video appears to show Ukrainian missile strike in Russia-occupied KhersonVideo appears to show a Ukrainian missile strike on a large ammunition store in the town of Nova Kakhovka, in Russia-occupied Kherson
Read more »
'Ray of hope': Russia, Ukraine draw closer to grain trade deal to alleviate global food shortageUN Secretary-General Antonio Guterres said the talks had provided a 'ray of hope to ease human suffering and alleviate hunger around the world' but cautioned that while he was optimistic, a deal was 'not yet fully done'.
Read more »