On January 18th, the Department of Justice, US Attorney’s Office Eastern District of New York published a press release that stated that Anatoly Legkodymov was arrested on January 17th in Miami, Florida. Assistant Attorney General Polite stated, “As alleged, the defendant helped operate a cryptocurrency exchange that failed to implement anti-money laundering safeguards and enabled criminals…
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The last seven months have been thrilling for us. In October 2021, Mastercard acquired CipherTrace. Together, we’ve been accelerating our efforts to ensure that the crypto economy is instilled with the same trust and peace of mind that consumers currently experience with more traditional payment methods. Now that we’re part of the Mastercard family, we…
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CIPHERTRACE GLOBAL ALERT: Spike in Extortion Scams Demanding Bitcoin Payment Global Alert, August 3, 2018: Online extortion attempts have increased dramatically through July 2018. One flavor, in particular, is not new; it is an adaptation of previous phishing attacks used to perpetrate online extortion. What’s new is the massive scale at which the criminals are…
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Recently released research by CipherTrace has been making the news partly because of some surprising stats. For instance, The Cryptocurrency Anti-Money Laundering Report 2018 Q2 reveals that theft of cryptocurrencies from exchanges skyrocketed in the first half of this year to three times the level seen for the whole of 2017. For all of 2018, these…
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CipherTrace CEO Leads SINET Panel that Includes New SEC ‘Crypto Czar’ On June 7, 2018, at the SINET Innovation Summit in New York, CipherTrace CEO Dave Jevans sat down with crypto asset experts and thought leaders for a discussion of the current and future state of cryptocurrencies. Topics ranged from fostering virtual currencies as mainstream…
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CipherTrace Cryptocurrency Threat Bulletin The European Union’s new General Data Protection Regulation (GDPR) https://www.eugdpr.org), which takes effect on May 25, 2018, will negatively impact the overall security of the Internet and will also inadvertently aid cybercriminals. By restricting access to critical ICANN WHOIS information, the new law will significantly hinder investigations into cybercrime, cryptocurrency theft,…
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