Roman Semenov, Co-founder of Tornado Cash, Implicated in Providing Support to Lazarus Group’s Illicit Activities In a decisive move to curb illicit financial activities linked to North Korean hackers, the U.S. Department of Treasury announced sanctions on Wednesday against Roman Semenov, a co-founder of the virtual currency mixer Tornado Cash.Continue Reading
North Korean hackers have stolen an estimated $2 billion of cryptocurrency over the past five years, and they are showing no signs of slowing down.In a new report, blockchain intelligence firm TRM Labs found that North Korean hackers have stolen around $200 million of crypto in 2023 alone, accounting forContinue Reading
The well-known digital currency wallet, Atomic, has recently become the target of a sophisticated cybercrime operation, with some suspecting the involvement of Lazarus, the notorious hacking collective believed to have North Korean affiliations. This information was made public on Tuesday via a report from Elliptic, a firm specializing in blockchainContinue Reading
The question of whether cryptocurrency should be considered property has long been a topic of debate among legal experts, industry players, and regulators. In a landmark ruling, Hong Kong’s courts have decided to classify cryptocurrency as property for the first time, marking a significant step towards legitimizing the industry andContinue Reading