Daily Archives: May 7, 2022, 11:48 am

U.S. Blacklists Mixer Used to Launder Proceeds from Axie Infinity Crypto Hack – WSJ

The U.S. Treasury Department on Friday imposed sanctions on a virtual currency mixer it said North Korea used to help launder stolen virtual currency as part of the country’s malicious cyber activities program. The blacklisting of Blender.io marks the first time the Treasury has placed a cryptocurrency mixer on its sanctions list. Treasury’s Office of Foreign Assets Control, which implements…

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Someone Hacked a Merger – Bloomberg

If you are a criminal mastermind, one thing you could do is go to law school, get good grades, get hired at a big M&A law firm, work 100-hour weeks on big deals, and eventually try wiring yourself the money that was meant to pay for a merger. There are many downsides to this approach, including that when you are…

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