TRM Labs Research
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Bybit crypto heist exposes cracks in North Korean laundering
North Korean hackers made off with $1.5 billion from Bybit, but laundering the haul has run into snags as U.S. authorities freeze assets and disrupt criminal networks.
Liquid Exploit Shows Private Key Security Isn't Enough to Prevent Crypto Theft
Attackers drained nearly 4,000 BTC from Liquid's reserves by exploiting a software bug, proving that even strong private key controls can't shield users from technical failures or insurance gaps.
CoinEx to Close Permanently After Nine Years of Operation
CoinEx will shut down all trading by September 29 and end withdrawals by December 22, citing unsustainable compliance costs and shrinking market activity. Users face new withdrawal deadlines and potential fees on unclaimed balances.
Bitcoin Theft Mastermind Pleads Guilty After $245 Million Crypto Heist
A 22-year-old Singaporean admitted to orchestrating a $245 million crypto theft ring that drained over 4,100 Bitcoin from a single victim and laundered funds into jets, supercars, and high-end real estate across the U.S.
UK Targets Russia-Linked Crypto Flows With Tougher Sanctions Fines
Britain is expanding its crackdown on Russia-linked crypto transactions, urging banks and crypto firms to trace complex payment routes and proposing fines up to 100% of breach value for sanctions violations
KuCoin Expands Sanctions Screening to Indirect Crypto Transfers
KuCoin now blocks or reviews crypto transactions linked to 17 sanctioned platforms, including HTX, even if users never sent funds directly, raising new compliance and user risk concerns for U.S. and global customers
AI Deepfake Scams Drive Crypto Losses to Record Highs in 2026
Losses from AI-driven deepfake scams have surged 263% in 2026, as attackers increasingly target users directly instead of exploiting blockchain code, exposing new vulnerabilities for exchanges, wallets, and individual crypto holders