US Treasury wants to cut off Huione over ties to crypto crime

US Treasury wants to cut off Huione over ties to crypto crime

The US Treasury has proposed cutting the Huione Group’s access to the US banking system, accusing it of being involved in laundering crypto. The US Treasury Department wants to block the Cambodia-based Huione Group from accessing the US banking system, accusing it of helping North Korea’s state-backed Lazarus Group to launder its crypto. The Treasury’s…

Read More
#AI and crypto drive criminal efficiency: Europol

#AI and crypto drive criminal efficiency: Europol

Europol’s report highlights how AI-driven automation and crypto tools fuel scams, phishing, trafficking, and financial crimes across Europe. The European Union Agency for Law Enforcement Cooperation (Europol) published a report explaining how artificial intelligence and crypto affected organized crime.  In a threat assessment report on serious and organized crime, Europol stated that AI and crypto…

Read More
# Algodex reveals wallet infiltrated by ‘malicious’ actor as MyAlgo renews warning: Withdraw now

# Algodex reveals wallet infiltrated by ‘malicious’ actor as MyAlgo renews warning: Withdraw now

” Algodex reveals wallet infiltrated by ‘malicious’ actor as MyAlgo renews warning: Withdraw now “ Algorand-based wallet provider MyAlgo has again urged users to withdraw their funds after a February security breach which doesn’t appear to have been resolved. Update: Funds are still being actively drained from MyAlgo users. https://t.co/fzkS9PFkAm pic.twitter.com/cgrWigu2Wn — ZachXBT (@zachxbt) March…

Read More