Cybercriminals Use Dexs and Crypto Cross-Chain Services to Launder $7 Billion — Elliptic – Security Bitcoin News
October 11, 2023
According to the findings of a research study by Elliptic, cybercriminals are believed to have used crypto cross-chain bridges and coin swap services to launder $7 billion worth of “illicit or high-risk funds.” The Lazarus Group, a cybercriminal organization said to be backed by North Korea, is “responsible for $900 million of cross-chain crime.”
Bad Actors Exploiting Dexs and Cross-Chain…