Binance Says It Helped With Clop Money Laundering Bust

This Data Breach alert was published at 25.06.2021 19.13 on Data Breach Today.

Cryptocurrency Exchange Acknowledges Flow of Illicit Funds a Big Problem
Cryptocurrency exchange Binance says it recently assisted police in tracking down individuals accused of laundering money for the Clop ransomware group. The exchange acknowledges that illicit money from cyberattacks circulating on virtual currency exchanges is a big security problem.

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High-Ranking FIN7 Gang Member Receives 7-Year Prison Term

High-Ranking FIN7 Gang Member Gets 7-Year Prison Term