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Cryptocurrency · United StatesThe State and Treasury departments are offering rewards of up to $6 million for information leading to arrests in a Russian-operated cryptocurrency scheme, officials announced Thursday.See the Story
State Department offers $6 million reward in Russian crypto scheme
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Cryptocurrency · RussiaRussian citizen Iurii Gugnin has been accused of using false documents to wash $530 million in cryptocurrencies through the Tether platform, thus deceiving American banks. This scandal highlights concerns about security and regulation in the use of cryptocurrencies around the world. The operations of Iurii Gugnin Iurii Gugnin, an ingenious and well-known manipulator of the financial system, devised a scheme where he used forged documents to vali…Read Article
Russian Lava $530m in Crypto with Tether! - Cryptomania

CryptocurrencyIllicit Growth Funds with Swaps Crosschain! The use of crosschain swaps in blockchain has revolutionized how cryptocurrencies are managed, but it has also opened up new opportunities for the growth of illicit funds. According to a recent Elliptic report, the value boosted by criminals through these platforms has reached the surprising figure of $21.8 billion, experiencing a 200% growth in just two years.Read Article