Cryptocurrency Mixers

The Tornado Cash case is coming to an end, but jury has yet to decide what their final verdict for regarding the fate of developer Roman Storm.

Keonne Rodriguez and William Lonergan Hill, the co-founders of privacy-focused Samourai Wallet, have finally given and plead guilty to their charges after a long grueling trial.

A crypto investor lost $6.9 million after buying a cold wallet through Douyin that had already been tampered with. The private key was stolen before sale, letting scammers take the funds and launder them through a crypto mixer.

Hackers stole 500,000 ETH (about $1.4 billion) from Bybit using malware and laundered most of it through mixers, bridges, and decentralised platforms. Nearly 70% of the funds are still traceable, but a third has disappeared, with few signs of recovery so far.

Brazilian police dismantled a crime ring run from prisons that extorted small business owners and laundered money using cryptocurrency. The operation, named "Timeo," led to the seizure of $45,000 in cryptoassets and millions in bank accounts linked to the racket.

The FBI secretly ran a dark web money laundering scheme for nearly a year after arresting the original operator, Anurag Murarka. They used the sting to catch cybercriminals and stop over $1.4 million in illegal crypto transfers.

The T3 Financial Crime Unit froze $9 million from the $1.4 billion stolen in the Bybit hack, believed to be carried out by North Korean hackers. for information leading to asset recovery.

Alexey Pertsev, a Tornado Cash developer, was conditionally released from Dutch jail after nine months to prepare his appeal against charges of facilitating over $1.2 billion in money laundering.

Stanislav Moiseev, founder of the Hydra darknet market, and 15 accomplices have been sentenced to prison for operating the illicit platform and crypto mixer. Hydra facilitated over $5 billion in cryptocurrency transactions before its closure.

Roman Sterlingov, founder of the Bitcoin Fog crypto mixer, was sentenced to 12.5 years in prison for laundering over $400 million linked to illegal activities. He was also ordered to forfeit $395.5 million and his share in a Bitcoin wallet holding 1,345 BTC, worth over $103 million.