Men charged by U.S. with laundering more than $1B in cryptocurrency

Two men have been charged by federal authorities for running a money-laundering scheme that involved moving over $1 billion, including cryptocurrency, for North Korean hackers, according to an indictment filed in Manhattan federal court.

washingtonpost.com

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8/23/2023

Tornado Cash crypto firm founders indicted for allegedly laundering money for North Korean hackers

Two co-founders of cryptocurrency mixer Tornado Cash have been charged with operating a scheme that allegedly laundered hundreds of millions of dollars for North Korean hackers.