Not a week goes by without another record compromise of DeFi platforms. This week Uranium Finance and Spartan Protocol got exploited to the tune of $51M and $30M respectively. Hotbit exchange shut down its operations after attackers penetrated its internal systems. In other news, IRS has been increasingly effective at hunting down criminals using both on-chain and more traditional resources after it identified and arrested Bitcoin Fog’s operator.
News
Feds Arrest an Alleged $336M Bitcoin-Laundering Kingpin. Roman Sterlingov was charged with operating Bitcoin Fog mixer popular with darknet forums since 2011. The perpetrator was identified through a transaction on a Liberty Reserve exchange seized by US DOJ in 2013.
The IRS Wants Help Hacking Cryptocurrency Hardware Wallets to help it investigate fraud and recover forfeited funds. This is yet another call by IRS to help with its Operation Hidden Treasure.
Hacks
On April 27, 2021 Uranium Finance account balance calculation error was exploited…
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