Latest cybersecurity reporting from selected sources.

It's been a very busy week for Digicash Donald's administration Analysis Is the US retreating from its hardline stance on crypto? On Friday, the US Treasury Department lifted sanctions imposed on notorious crypto mixer Tornado Cash, once accused of washing billions in illicit crypto for criminals and nation-states alike.…

Chief quits, pays own penalty after helping crooks launder cash, aiding sanctions evaders The world's largest cryptocurrency exchange just got a little smaller, with the US Department of Justice announcing Binance and its CEO Changpeng Zhao have both pleaded guilty to a multitude of financial crimes. As a result Binance will fork out $10 billion to Uncle Sam in fines and settlements.…

Founder Roman Storm cuffed on laundering, sanctions busting charges Two founders of Tornado Cash were formally accused by US prosecutors today of laundering more than $1 billion in criminal proceeds through their cryptocurrency mixer.…

Feds also said the biz sucked at policing transactions for suspicious activity – as if! Bittrex will cough up $53 million after being accused of flouting US sanctions and breaking federal money laundering laws and other banking rules.…

The arrest comes days after US Treasury levies sanctions against the crypto mixing service Dutch authorities have arrested a software developer suspected of working with Tornado Cash, a cryptocurrency mixing service that only two days earlier was sanctioned by the US government for allegedly laundering money for ransomware operators and other cybercriminals.…

Being the money launderer for North Korea’s Lazarus Group comes at a price The US Treasury Department is levying sanctions against Tornado Cash, a notorious cryptocurrency mixer that it says has been used by threat groups like ransomware gang Lazarus to launder stolen digital assets.…

Plus: Coinbase said to face SEC wrath, blockchain scam CEO admits using victims' millions to fund Hawaiian condo The US government is reportedly investigating Kraken, a massive cryptocurrency exchange suspected of violating sanctions against Iran, and is expected to slap the crypto behemoth with a fine in the near future.…

Citizen allegedly moved $10m-plus in BTC into banned nation US prosecutors have accused an American citizen of illegally funneling more than $10 million in Bitcoin into an economically sanctioned country.…

Helping North Korea? Uncle Sam would like a word The US Treasury has sanctioned cryptocurrency mixer Blender for its role in helping North Korea's Lazarus Group launder stolen digital assets. …