2 Chinese Charged with Laundering $100 Million for North Korean Hackers

Two Chinese nationals have been charged by the US Department of Justice DoJ and sanctioned by the US Treasury for allegedly laundering $100 million worth of virtual currency using prepaid Apple iTunes gift cards. According to a newly unsealed court document, the illicit funds originated from a $2...

Liberty Reserve Domains Seized, Money Laundering Charged

Federal law enforcement officials in the United States seized domains belonging to the Costa Rican-based Liberty Reserve, a payment processor, money transfer service, and digital currency exchange reportedly used by criminals as a means for laundering money. Liberty Reserve was also the subject o...