U.S. Treasury Lifts Tornado Cash Sanctions Amid North Korea Money Laundering Probe

The U.S. Treasury Department has announced that it’s removing sanctions against Tornado Cash, a cryptocurrency mixer service that has been accused of aiding the North Korea-linked Lazarus Group to launder their ill-gotten proceeds.
“Based on the Admini… Continue reading U.S. Treasury Lifts Tornado Cash Sanctions Amid North Korea Money Laundering Probe

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Director Charged With Netflix Fraud After Splurging on Crypto Instead of Finishing Sci-fi Series

Hollywood filmmaker Carl Erik Rinsch has been charged with defrauding Netflix of $11 million after allegedly misusing funds intended for an unfinished science fiction series, federal prosecutors said.

Rinsch, 47, was arrested in West Hollywood this w… Continue reading Director Charged With Netflix Fraud After Splurging on Crypto Instead of Finishing Sci-fi Series