Global Ledger

Global Ledger is proud to partner with Semoto, the first B2B marketplace for Web3! 🚀 Through this collaboration, we will enhance Semoto’s offerings with our AML risk-scoring tools, helping financial institutions and blockchain firms navigate compliance more effectively. Together, we aim to strengthen the fight against financial crime and promote a secure digital asset ecosystem. 🤝 Read our official press release here 🔗 https://lnkd.in/dFAjGDWZ #GlobalLedger #Semoto #Web3 #Blockchain #AML #Compliance #Fintech

The U.S. Department of Justice has charged Maximiliano Pilipis, operator of AurumXchange, with money laundering linked to Silk Road transactions. Between 2009 and 2013, Pilipis allegedly processed over $30 million without the necessary licenses, failing to comply with essential regulations. He faces multiple counts of money laundering and tax evasion, potentially resulting in a prison sentence of up to 10 years. For more details, read the full article here 🔗 https://lnkd.in/gJUGFsca #Crypto #Regulation #MoneyLaundering #SilkRoad #AurumXchange #Compliance

The G20, an international forum that includes 19 countries and the European Union focusing on global economic governance, has made moves in addressing the complexities of crypto-assets through its Policy Implementation Roadmap. Here are the highlights: ▶️ Coordinated Regulatory Framework: Aiming to mitigate risks, the G20 emphasizes a comprehensive policy framework for crypto-assets. ▶️ Global Collaboration: The IMF and FSB are enhancing international cooperation and sharing best practices among jurisdictions. ▶️ Stability Risks: While the crypto market is growing, its integration with traditional finance poses potential systemic risks that require robust regulations. ▶️ Focus on Stablecoins: The report underscores the need for specific regulations around stablecoins to address their risks and ensure stability. ▶️ Next Steps: Continued monitoring and data sharing for effective regulation as the market evolves. You can read the full report below 👇 #G20 #CryptoAssets #Regulation #Stablecoins #FinancialStability #GlobalGovernance #IMF #FSB #EconomicPolicy

Thrilled to see Global Ledger's data put to good use in supporting victims of hacks and scams! Check out the podcast for more insights! 🎧

Great to see Global Ledger mentioned in this Decrypt article about the recent U.S. government hack! Our research team is always dedicated to uncovering the truth behind current crypto hacks. Stay tuned for more insights from Global Ledger! https://lnkd.in/d6CyBEa9 #GlobalLedger #CryptoSecurity #Blockchain #Cybersecurity #CryptoAnalytics #DigitalAssets

U.S. Government Wallet Drained! On 24 October 2024, a wallet address believed to be controlled by the U.S. government, which held seized funds from the Bitfinex hacker, was drained on the Ethereum blockchain. Total losses amount to over $20 million in USDC, aUSDC, USDT, and ETH. Since there have been no comments from the U.S. DOJ yet, we cannot be 100% sure that this wallet was compromised. On the Ethereum blockchain, hacker wallet 0x3486eE700CcaF3E2F9C5eC9730a2e916a4740A9f received: ▶️ 177.89 ETH (~ $450K) ▶️ 13,699,468 aUSDC ▶️ 5,445,347 USDC ▶️ 1,124,535 USDT USDC and USDT tokens were swapped using 0x protocol, Uniswap, and 1inch DEX services to ETH and split between two wallets: ▶️ 0x15d0a31ed5050ed8decd3c101aaee0b2ad2e6441: 2,198 ETH (5,445,622 USD) ▶️ 0xbf6f7c503e858aded4e18ce2bcf93846fd726c15: 549 ETH (1,360,144 USD) Additionally, 502,948 aUSDC were swapped to ETH. The received ETH was further sent to 10 different addresses, with 9 of them being Binance deposit wallets that can be used by some "nested" exchange services, and one belonging to the unknown exchange service N.exchange. Currently, 13,196,525 aUSDC continue to be stored in the hacker's wallet: 0x3486eE700CcaF3E2F9C5eC9730a2e916a4740A9f. #CryptoSecurity #Blockchain #Cryptocurrency #DeFi #Bitfinex #Ethereum #CyberCrime #AssetRecovery

The recent report from the Bank for International Settlements (BIS) and the Committee on Payments and Market Infrastructures (CPMI) has outlined the implications of tokenisation for financial systems. Key Takeaways: ▶️ Tokenisation's Impact: Digital representations of assets on programmable platforms can streamline trading and settlement processes. ▶️ Emerging Opportunities: This evolution could lead to lower transaction costs and greater financial inclusion, creating new avenues in regulated markets. ▶️ Navigating Risks: Despite its benefits, tokenisation introduces legal uncertainties and operational challenges that require strategic oversight. ▶️ Central Bank Role: Central banks must focus on fostering interoperability and adapting regulatory frameworks to keep pace with these developments. Read the full report below 👇 #Tokenisation #Finance #CentralBank #DigitalAssets #Innovation #BIS #CPMI

FCA vs. Illegal Finfluencers 🚫 The FCA is taking significant steps to address the issue of illegal financial influencers, recently launching a crackdown on those promoting unregulated investment schemes that can mislead consumers. These influencers often present themselves as experts, using persuasive tactics to gain trust and encourage followers to invest in products that lack proper oversight. When consumers engage with these influencers, they risk investing in high-risk assets or scams, leading to significant financial losses. The FCA's actions aim to protect consumers from these dangers and promote accountability within the financial advice landscape. Key Points: ▶️ Lack of Regulation: They promote unregulated products, leaving consumers vulnerable to scams. ▶️ Misinformation: Influencers often share misleading information, which can distort investment decisions. ▶️ High Risks: Investments suggested by these influencers may be speculative or fraudulent, leading to financial ruin. ▶️ Emotional Manipulation: They exploit followers' emotions, creating a sense of urgency that pressures quick, uninformed decisions. Read the full report here 🔗 https://lnkd.in/ekuwEHct #FCA #Finfluencers #FinancialRegulation #ConsumerProtection #InvestSmart #FinancialLiteracy

EigenLayer Hack Update🚨 As we continue to monitor the EigenLayer hack, significant updates have emerged since our last report on October 7th. Here’s the latest information regarding this ongoing situation: Current Situation: 🔵 Hacker's Wallets: ▶️ The ongoing phishing attack has involved multiple wallets. Notable Wallet: ▶️ Hacker's Wallet: 0xa7a1c66168cc0b5fc78721157f513c89697df10d ▶️ Illicitly received 1,673,644.67 EIGEN from contract 0x87787389bb2eb2ec8fe4aa6a2e33d671d925a60f on October 4, 2024. 🔵 Phishing Mechanism: Compromised Account: EigenLayer's X account was hacked, leading to the posting of phishing tweets that contained malicious links, significantly impacting users and raising concerns about security in the ecosystem. 🔵 Transaction Flow: EIGEN and USDC Transactions: ▶️ 1,073,545.67 EIGEN were swapped for 3,569,294.61 USDC. Key transfers include: EIGEN Transfers: ▶️ 300,000 EIGEN transferred to Receiver 1: 0x2646f839b95204c2c4c3d6d31ab34207fc6e1483 ▶️ 300,100 EIGEN transferred to Receiver 2: 0x5905b112393471f7cf3a955dc15a602ec4fc1dc7 USDC Transfers: ▶️ 3,000,000 USDC transferred to Receiver 1: 0x2479324443d1b2382682ca9c7ff1f918f074c7c4 ▶️ 579,190 USDC transferred to Receiver 2: 0xe91ad40c5043ebf6d59c2ad653748121a08cd1a8 🔵 Deposits Across Exchanges: ByBit: 640,900 USDC Binance: 460,092.296 USDC Kraken: 5,000 USDC HitBTC / UnionChain / Changelly: ▶️ 1,287,000 USDC ▶️ 2.83 ETH ▶️ 900,627 USDT 🔵 The total amount drained from the EigenLayer hack is approximately $6.5 million, which includes: $5.7 million from the theft of 1.67 million EIGEN tokens. The theft resulted from a compromised email thread involving an investor, which allowed the attacker to divert the tokens. An additional $800,000 lost from phishing activities related to the compromised. 🔵 New Findings: The Inferno Drainer has been identified as a malicious phishing toolkit that has reportedly stolen over $80 million across the crypto ecosystem. 🔵 Wallets to Monitor with Stolen Assets: ▶️ Wallet 1: 195.36 USDC - 0x968d02f72f23da1ee965dae314fb7d63fa528d86 ▶️ Wallet 2: 1,189,400 USDC - Frozen by Circle (0x4cafc3c640f7b06f51623a7225c3ca35c53be36a) ▶️ Wallet 3: 950,000.0125 USDC - Frozen by Circle (0x7f2cc1fe8a4173c56d0ee9f156922921c12be259) ▶️ Scammer Wallet 1: 0xaA862F977d6916A1e89E856FC11Fd99a2F2fAbF8 ▶️ Scammer Wallet 2: 0xcF59d5Da8F3120ADb060f2bBeA5b5762FEbDa396 ▶️ Malicious Smart Contract: 0xed0e416e0fEEA5b484ba5c95d375545AC2b60572 ▶️ Inferno Drainer Address: 0x0000db5c8B030ae20308ac975898E09741e70000 For further updates and inquiries, please feel free to reach out to us at Global Ledger. #EigenLayer #CyberSecurity #DeFi #Phishing #Blockchain #CryptoSecurity #CryptoFraud #TokenTheft #SmartContracts #DigitalAssets #InvestorsAlert #CryptoCommunity #SecurityAwareness #CryptoNews

Coinbase has submitted two Freedom of Information Act (FOIA) requests targeting undisclosed banking restrictions imposed by U.S. regulators on the cryptocurrency industry. The requests are part of Coinbase's effort to obtain transparency regarding regulatory practices that may impact their operations and those of other cryptocurrency firms. This move follows ongoing discussions about the need for clearer guidelines in the evolving crypto regulatory landscape. For further details, read the full article here 🔗 https://lnkd.in/dbYusgca #Crypto #Coinbase #Regulation #Blockchain #FOIA