Crime
OFAC Sanctions Funnull Technology Inc. for Supporting Pig Butchering Scams
On May 29, 2025, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned Funnull Technology Inc.,…
AI-Powered Crypto Scams: How Artificial Intelligence is Being Used for Fraud
TL;DR AI-powered scams are impacting the crypto industry, as many fraudsters are combining the pseudonymity of digital assets with the…
Preventing DeFi Hack Events with Chainalysis Hexagate Using Pattern Recognition and Machine Learning
TL;DR As decentralized finance (DeFi) hacks grow in volume and complexity, the crypto industry is moving toward proactive defense. Chainalysis…
What the Huione Group Shutdown Signals About the Future of Crypto Scam Infrastructure
TL;DR FinCEN’s designation of Huione Group marks a major enforcement milestone; however, the broader ecosystem of Chinese-language guarantee services remains…
Bridging the Gap: How Off-Chain and On-Chain Data Can Prevent Crypto Fraud
TL;DR As crypto adoption grows and peer-to-peer (P2P) payment systems like PayPal and Zelle become more mainstream, fraudsters are finding…
Operation Bonanza: Chainalysis Helps Spanish National Police Recover $21 Million in Crypto During Global Ponzi Scheme Investigation
TL;DR: Chainalysis played a critical role in Operation Bonanza, an investigation led by the Spanish National Police. The action disrupted…
OFAC Sanctions Iran-Backed Houthi Network for Facilitating Weapons Procurement from Russia via Cryptocurrency
On April 2, 2025, the United States Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned a network…
United States DOJ and FBI Seize Cryptocurrency in Major Disruption of Hamas Terrorist Financing Scheme
On March 27, 2025, the United States Department of Justice (DOJ) announced a significant disruption of a Hamas terrorist financing…
What is Authorized Push Payment (APP) Fraud? Understanding Crypto-Related Scams & Prevention
Digital assets are rapidly transforming the global financial ecosystem, offering new models for payments, investment, and value exchange. But alongside…
Cryptocurrency’s Role in the Global Fentanyl Trade Offers Opportunities for Disruption
The synthetic opioid crisis, which has a growing crypto nexus, is contributing to tens of thousands of deaths annually in…
International Action Dismantles Notorious Russian Crypto Exchange Garantex
On March 7, 2025, the U.S. Department of Justice (DOJ), in coordination with authorities in Germany and Finland, announced the…
Preventing Large-Scale Crypto Hacks: Key Security Measures for Exchanges
Following the Bybit exchange hack on February 21, 2025, the cryptocurrency industry is once again reminded of the concrete consequences…
OFAC Designates Iran-based Darknet Marketplace Administrator with 49 Cryptocurrency Addresses for Facilitating Fentanyl Sales
Today, the United States Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated Iran-based Behrouz Parsarad, the administrator…
Leveraging Transparency for Collaboration in the Wake of Record-Breaking Bybit Theft [UPDATED 2/27/25]
[UPDATED: February 27, 2025; 9:40am EST] This blog has been updated to reflect the latest updates on the Bybit hack.…
United States’ OFAC, United Kingdom’s FCDO, and Australia’s DFAT Jointly Sanction Zservers for Facilitating Ransomware Attacks
On February 11, 2025, the United States Department of the Treasury’s Office of Foreign Assets Control (OFAC), the United Kingdom’s…