IRS and Chainalysis Assist Ukraine in Targeting Russian Oligarchs Using Crypto to Evade Sanctions
The U.S. Internal Revenue Service (IRS) and Chainalysis are collaborating with Ukrainian investigators to target Russian oligarchs who may be using cryptocurrency to evade sanctions. The IRS is providing blockchain analysis tools to approximately 50 Ukrainian law enforcement officers through licenses donated by Chainalysis. The training is aimed at improving digital investigative skills to trace the source of blockchain funds and unmask cryptocurrency transactions. The move comes as concerns remain that Russian oligarchs could be using cryptocurrency to circumvent U.S. and European economic sanctions.
Canadian Police To Focus on Cryptocurrency-Related Activities
Canadian police to focus on cryptocurrency-related activities. In Canada, law enforcement has established a center for the investigation of cryptocurrency matters.
0VIX Protocol Demands Attacker to Return Stolen Funds or Face Legal Consequences
oToken transfers, minting, and liquidations were paused on 0VIX Polygon POS and zkEVM markets.
US Treasury Sanctions Individuals Connected to Lazarus Group
The Office of Foreign Assets Control (OFAC) under the Department of Treasury designated sanctions to two over-the-counter (OTC) traders Wu Hiuhui, based in the People’s Republic of China, and Cheng Hung Man, based in Hong Kong.
Chainalysis and Calgary Police Launch Cryptocurrency Investigation Center
A joint task force featuring investigators from the Calgary police department and analysis from blockchain data firm Chainalysis, dubbed the Western Canada Cryptocurrency Investigations Centre, was officially launched on April 12.
Decoding Blockchain Data Enigmas with On-Chain Analytics and Safety Tools
This article aims to explore these questions and provide insights into the complex relationship between blockchain and data transparency.
Chainalysis Breaks Down How Scammers Adapt During the Bear Market
In a crypto crime webinar focusing on crimes that affect consumers, Eric Jardine, the cybercrimes research lead at blockchain analysis firm Chainalysis broke down how scammers shift their strategies as market situations change.
Chainalysis Reports Possible North Korean Link in Euler Finance Hack
On March 13th, 2023, Euler Finance was attacked, and the attacker profited approximately 200 million US dollars.
Crypto Evening Briefing: OpenSea, ConsenSys Among Prized Crypto Startups With Shares Available at Big Discounts
Those startups include Alchemy, Blockchain.com, Chainalysis, Kraken, ConsenSys, Blockdaemon, CoinDCX and OpenSea.
