RenBridge, a crypto bridge, was used by hackers and fraudsters to launder $540 million

RenBridge, a crypto bridge, was used by hackers and fraudsters to launder $540 million

According to Elliptic, RenBridge was used to launder money stolen from Japan’s Liquid crypto network, a theft connected to North Korea. RenBridge is also said to be popular with Russia-linked ransomware operations, with $153 million in ransomware being laundered via the site.