Clip
Cryptocurrency: How to Launder It
24:54 - 28:26 (03:32)
The US has charged a couple of Chinese chaps with offering exactly this kind of service.
Similar Clips
Law enforcement use the blockchain to trace cryptocurrency transactions and chase criminals into legitimate exchanges that cooperate with them, facilitating the possibility of recovering stolen funds.
16:07 - 17:57 (01:50)
Summary
Law enforcement use the blockchain to trace cryptocurrency transactions and chase criminals into legitimate exchanges that cooperate with them, facilitating the possibility of recovering stolen funds.
ChapterCryptocurrency Exchange Used in Massive Hack
Episode119: Hot Wallets
PodcastDarknet Diaries
In 2013, North Korea launched missile tests leading to sanctions that restricted money transfers, prompting the country to engage in bank robberies that resulted in successfully stealing 81 million dollars from the Bangladesh bank.
26:19 - 27:58 (01:39)
Summary
In 2013, North Korea launched missile tests leading to sanctions that restricted money transfers, prompting the country to engage in bank robberies that resulted in successfully stealing 81 million dollars from the Bangladesh bank.
ChapterThe Largest Bank Robbery in History
Episode72: Bangladesh Bank Heist
PodcastDarknet Diaries
People lost faith in the structure of the financial system and turned to crypto to level the playing field.
38:23 - 41:13 (02:49)
Summary
People lost faith in the structure of the financial system and turned to crypto to level the playing field. However, power structures remain the same where those at the top face little repercussions for their actions.
ChapterTrust in Crypto Leaders
Episode#345 – Coffeezilla: SBF, FTX, Fraud, Scams, Fake Gurus, Money, Fame, and Power
PodcastLex Fridman Podcast
Hackers infiltrated a Russian bank's network and used a database update to change the balances of mule accounts to $1 million, allowing them to withdraw millions of dollars.
33:35 - 38:24 (04:49)
Summary
Hackers infiltrated a Russian bank's network and used a database update to change the balances of mule accounts to $1 million, allowing them to withdraw millions of dollars. The hackers also identified which employees had access to manually transfer money and used their logins to steal money from the bank.
ChapterThe Russian Hackers Who Stole the Millions
EpisodeEp 35: Carbanak
PodcastDarknet Diaries
Bitcoin is seen as a solution to the centralization of assets brought about by the digitization of capital assets.
18:52 - 20:39 (01:47)
Summary
Bitcoin is seen as a solution to the centralization of assets brought about by the digitization of capital assets. Its decentralized nature challenges the trend of increasing central influence and control over accounts that has been observed in the last 60 years.