Aug. 11, 2022, 6:39 p.m. | Daryna Antoniuk

The Record by Recorded Future therecord.media

Hackers and cryptocurrency thieves are turning to so-called cross-chain platforms to launder money and avoid attempts by law enforcement to trace and freeze their illicit proceeds. One such platform called RenBridge has been used to launder at least $540 million in cryptocurrency over the last three years, according to new research published this week.  RenBridge […]


The post Report: Ransomware gangs, fraudsters laundered $540 million through RenBridge platform appeared first on The Record by Recorded Future.

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