$540 million in hacking revenue laundered by Renbridge: Elliptic
Cross-chain bridges have been the subject of numerous attacks this year, but according to new information from Elliptic, Renbridge was allegedly used to launder almost $500 million in illicit cryptocurrency assets. A study from August 10 claims that RenBridge, a cryptocurrency bridge, has helped to launder at least $540 million in criminal proceeds since 2020 […]