Tag : Crypto Investigations

Cross-Chain Crime Surges Past $21 Billion, Elliptic Report Reveals
Cryptocurrency Fintech News

Cross-Chain Crime Surges Past $21 Billion, Elliptic Report Reveals

PR Newswire
by PR Newswire0
Criminals moved over $21 billion through DEXs, cross-chain bridges, and swap services — a threefold increase from 2023 12% (Around $2.5 billion) worth of these funds can be attributed to North Korean hacks, and $300 million originated from Iranian crypto services under U.S. sectoral sanctions A third (33%) of crypto investigations involved more than three blockchains, 27% span over......
Enforcement Agencies Handling Crypto Investigations Must Upgrade Their Infrastructure: PayBito CEO Raj Chowdhury
Cryptocurrency News

Enforcement Agencies Handling Crypto Investigations Must Upgrade Their Infrastructure PayBito CEO Raj Chowdhury

Fintech News Desk
by Fintech News Desk0
The PayBito Chief addresses why improving existing infrastructure, training and collaboration are crucial for enforcement and regulatory bodies to succeed in crypto investigations. Rapid global crypto growth has indirectly contributed to a rise in cybercriminal activities. While challenging, it is not impossible to track and trace the whereabouts of hackers......
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