Elliptic: Crypto Criminals Laundered $540M Through RenBridge

Name: Elliptic: Crypto Criminals Laundered $540M Through RenBridge
Uploaded: 2022-08-10T17:08:56Z
Duration: 9 min 577 s
Description: Blockchain analytics firm Elliptic said RenBridge, a cross-chain channel used to funnel money between different blockchains, was used to launder at least $540 million in crime-related crypto funds. “The Hash” hosts discuss the latest story revealing the potential risks of blockchain bridges and how this could shape the future crypto regulation.

Aug 10, 2022

Blockchain analytics firm Elliptic said RenBridge, a cross-chain channel used to funnel money between different blockchains, was used to launder at least $540 million in crime-related crypto funds.

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