Crypto crime
Inside the KelpDAO Bridge Exploit: How ~$292 Million in rsETH Was Released Against a Non-Existent Burn
TL;DR On April 18, 2026, attackers linked to North Korea’s Lazarus Group stole ~$292 million (116,500 rsETH) from KelpDAO’s LayerZero…
Sanctioned Russia-Linked Exchange Grinex Suspends Operations Following Alleged Cyberattack
TL;DR Grinex, the sanctioned successor to the Russian exchange Garantex, suspended operations yesterday following a claimed 1 billion ruble ($13.7…
Iran’s Strait of Hormuz Crypto Toll: An Evolution of Tehran’s Expanding Use of Digital Assets
TL;DR Bloomberg reported on April 1, 2026 that Iran’s Islamic Revolutionary Guard Corps (IRGC) was already extracting transit tolls from…
Operation Atlantic: How Public-Private Collaboration Is Freezing Millions in Crypto Scam Proceeds
Last week, Chainalysis joined a proactive joint operation co-hosted by the UK’s National Crime Agency (NCA), the US Secret Service,…
From the Battlefield to the Blockchain: How Cryptocurrency Is Helping Finance the Drone Revolution
TL;DR Low-cost, commercially available drones have become central to modern conflict, allowing state and non-state actors, such as pro-Russia militias…
Global Fraud Summit 2026: From Fragmented Efforts to a Global Fraud Response
Fraud no longer sits at the margins of economic crime. It crosses borders, exploits gaps between jurisdictions, and scales at…
OFAC Targets North Korean IT Worker Networks Using Cryptocurrency to Fund WMD Programs
TL;DR OFAC designated six individuals and two entities for facilitating North Korean IT worker schemes that generated nearly $800 million…
Iranian Crypto Outflows Spike After Airstrikes Amid a Year of Rising On-Chain Activity
Update, 3/5/26 Earlier this week, we published an initial analysis of crypto outflows from Iranian exchanges in the immediate aftermath…
Cryptocurrency Flows to Suspected Human Trafficking Services Surge 85% Year-over-Year
TL;DR Cryptocurrency flows to suspected human trafficking services, largely based in Southeast Asia, grew 85% in 2025, reaching a scale…
OFAC Designates Iranian-Linked Crypto Exchanges in First-Ever Action Targeting Digital Asset Firms in Iran’s Financial Sector
TL;DR OFAC designated two UK-registered crypto exchanges, Zedcex and Zedxion, for operating in Iran’s financial sector and processing cryptocurrency transactions…
Why Now is the Time for the UK to Lead the Global Fight against Crypto-enabled Fraud
TL;DR Crypto-enabled fraud cost victims at least $14 billion globally in 2025, with sophisticated scams like pig butchering and AI-powered…
Inside Iran’s Growing $7.8 Billion Crypto Ecosystem: IRGC Dominance and a Flight to Bitcoin Reflect Geopolitical Tensions and Domestic Unrest
TL;DR Iran’s crypto ecosystem reached over $7.78 billion in 2025, having grown at a faster pace for most of the…
OFAC and Crypto Crime: Every OFAC Specially Designated National with Identified Cryptocurrency Addresses
As far back as the early 1800s, the U.S. Department of the Treasury has issued economic sanctions to achieve foreign…
Chainalysis Solutions Now Available on Amazon Web Services (AWS) Marketplace
We are excited to announce that Chainalysis solutions are now available on the AWS Marketplace, a digital catalog with thousands…
U.S., U.K., and Australia Target Russian Cybercrime Infrastructure Supporting Global Ransomware Operations; U.S. Targets Crypto Laundering of Global Drug Trafficking Network
TL;DR OFAC, in coordination with the U.K. and Australia, designated Russian bulletproof hosting provider Media Land, LLC and its network…