TRM Labs: LastPass stolen assets point to Russian criminal gangs laundering money through mixing tools.

2025-12-28 by admin

PANews reported on December 28th that, according to crowdfundinsider, TRM Labs has traced stolen crypto assets from the 2022 LastPass vulnerability on-chain, with on-chain evidence indicating the involvement of Russian cybercrime groups in money laundering. TRM stated that although the hackers used mixing tools such as CoinJoin, demixing and behavioral continuity analysis still linked the fund flows to the same group of attackers. The funds ultimately flowed into the high-risk Russian exchanges Cryptex and Audi6, with the total amount involved estimated at over $28 million.

BlockBeats News, December 29 – According to a report by Cointelegraph, a proposal in California to impose a 5% tax on billionaires' wealth has faced strong opposition from cryptocurrency executives. They argue that it would trigger an exodus of entrepreneurs, capital flight, and ultimately be wasted regardless.The proposal, named the '2026 Billionaire Tax Act,' aims to introduce a ballot measure that would levy a 5% tax on individuals or entities with a net worth exceeding $1 billion to fund healthcare systems and state assistance programs. According to SEIU United Healthcare Workers West, because this proposed wealth tax partially targets unrealized gains, some billionaires may need to sell stocks or parts of their businesses to raise funds for tax payments. The tax can be paid in a lump sum or spread over five years with interest.Industry veterans in the cryptocurrency sector, including Bitwise CEO Hunter Horsley and Kraken co-founder Jesse Powell, believe that this measure would only lead to billionaires leaving the state, resulting in negative consequences.