Kazakhstan's law enforcement agencies recently took a major action, successfully dismantling a dark web Crypto Assets exchange named RAKS. This move is seen as an important step in combating illegal financial activities in the dark web market.
According to reports, the RAKS exchange is suspected of assisting in money laundering, involving criminal proceeds amounting to as much as $224 million. Law enforcement agencies have taken decisive measures, freezing 67 cryptocurrency wallets related to the exchange, which contain approximately $9.7 million in USDT stablecoin.
The impact of this operation is quite extensive, expected to affect around 5 million dark web users. This not only demonstrates the determination of law enforcement to combat cybercrime but also highlights the severity of the abuse of Crypto Assets in illegal activities.
This crackdown reflects that global regulatory agencies are intensifying their oversight of the crypto assets sector, particularly targeting those trading platforms that may be used for illegal purposes. This incident may prompt more countries to reassess their crypto assets policies and strengthen the formulation and enforcement of relevant laws and regulations.
For ordinary Crypto Assets investors and users, this event once again serves as a wake-up call, reminding everyone to be extra cautious when engaging in Crypto Assets transactions, to choose legal and compliant exchange platforms, and to remain vigilant about potential risks.
As law enforcement agencies continue to intensify their crackdown on dark web markets, we may see more similar actions. This not only helps maintain financial order but also creates a better environment for the healthy development of the Crypto Assets industry.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
19 Likes
Reward
19
7
Repost
Share
Comment
0/400
SolidityNewbie
· 4h ago
The dark web actually uses USDT.
View OriginalReply0
RugPullAlarm
· 10-06 18:21
9.7 million usdt is just the tip of the iceberg, address analysis shows that the funds are layered and transferred.
Kazakhstan's law enforcement agencies recently took a major action, successfully dismantling a dark web Crypto Assets exchange named RAKS. This move is seen as an important step in combating illegal financial activities in the dark web market.
According to reports, the RAKS exchange is suspected of assisting in money laundering, involving criminal proceeds amounting to as much as $224 million. Law enforcement agencies have taken decisive measures, freezing 67 cryptocurrency wallets related to the exchange, which contain approximately $9.7 million in USDT stablecoin.
The impact of this operation is quite extensive, expected to affect around 5 million dark web users. This not only demonstrates the determination of law enforcement to combat cybercrime but also highlights the severity of the abuse of Crypto Assets in illegal activities.
This crackdown reflects that global regulatory agencies are intensifying their oversight of the crypto assets sector, particularly targeting those trading platforms that may be used for illegal purposes. This incident may prompt more countries to reassess their crypto assets policies and strengthen the formulation and enforcement of relevant laws and regulations.
For ordinary Crypto Assets investors and users, this event once again serves as a wake-up call, reminding everyone to be extra cautious when engaging in Crypto Assets transactions, to choose legal and compliant exchange platforms, and to remain vigilant about potential risks.
As law enforcement agencies continue to intensify their crackdown on dark web markets, we may see more similar actions. This not only helps maintain financial order but also creates a better environment for the healthy development of the Crypto Assets industry.