BitMEX is in a serious trouble with U.S. DoJ with one of the co-owners arrested. No more ransomware payments unless you want OFAC to come after you for financing North Korean nukes. DeFi hackers stole so much that they have started voluntarily returning half of their stolen loot. Ethereum miners caught in MEV schemes and other excellent research articles in this week’s edition.
News
BitMEX was charged by CFTC and DoJ with failing to implement sufficient AML and KYC procedures and violating the Bank Secrecy Act. The criminal complaint names four BitMEX co-owners with one of them already arrested in Massachusetts.
U.S. Department of Treasury issued an advisory essentially restricting companies from making or facilitating ransomware payments which may profit entities on the sanctions list.
Hacks
On September 28, 2020 Eminence.Finance contract was exploited which resulted in the theft of $15M worth of Eminence token. The contract attracted investors even before it was publicly announced or pro…
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