Crypto Drug Cartel Ties: On-chain Investigator Drags Ethereum Into The Mess

Crypto Drug Cartel Ties: On-chain Investigator Drags Ethereum Into The Mess

An on-chain crypto investigator took to social media to expose the supposed black truth behind Justin Sun’s Tron but has thrown Ethereum in the mix, alleging that the cryptocurrency is backed by the CCP and may harbor crypto wallet addresses by Fentanyl traffickers.  On-Chain Detective Unveils Potential Tron Ponzi Scheme An X (formerly Twitter) user going by the username @BoringSleuth has gained the attention of the crypto community after uncovering potential evidence of Tron allegedly being a Ponzi scheme governed by one of the world’s largest crypto criminal drug cartels.  “I....


Related News

On-chain Investigator Digs Into Ethereum Foundation’s Connection To The Filec...

Filecoin has grown to be one of the most beloved crypto with an active community that continues to keep it alive. However, questions about the blockchain’s origin, and its ICO in particular, are beginning to pop up as an on-chain sleuth has posted findings of his investigation. Digging Into The Filecoin ICO The on-chain investigator […]

How Deep Does Ethereum’s Ties To Chinese Investors Run?

Ethereum and its founders have been the target of various accusations in the last couple of weeks ranging from fraud to the blockchain being run by the Chinese. On-chain investigator Boring Sleuth has been one of the most vocal when it comes to Ethereum founders’ alleged wrongdoing, tying the network to the Chinese. The most […]

US Charges 6 With Laundering Mexican Drug Cartel Cash Using Crypto and Casinos

The U.S. Department of Justice charged the six individuals for alleged involvement in laundering funds from Mexican drug cartels after an investigation spanning years.

Laundering Drug Money: Why Mafia Can’t Hide Behind Bitcoin

Mexican drug cartels generate a lot of profit in the USA, which is one of their main markets. How is this money transferred back to Mexico? Banks – the old favourite. In the past, drug cartels had cozy relationships with banks, which facilitated the transfer of drug proceeds. In 2012, HSBC reached a $1.9 Bn agreement with the United States admitting that it had enabled Mexican drug cartels to launder billions of dollars through its counters. The charges include failure to monitor more than $670 Bn of wire transfers and more than $9Bn of purchases of US dollars from HSBC Mexico. The....

Things just got MESSy for potential Ethereum Classic 51% attackers

Ethereum Classic is using an idea Vitalik Buterin had in 2014 to help fend off 51% attackers. Over the past weekend, on block 11380000, a solution for the prevention of 51% attacks was introduced to the Ethereum Classic (ETC) community. Several such attacks have recently placed ETC at a crossroads, leaving the very survival of the chain uncertain. In the weeks that followed these attacks, the community worked to evaluate numerous potential solutions. The first one that has been implemented is called MESS, which stands for Modified Exponential Subjective Scoring. Its predecessor was first....