Browsing Tag
Money Laundering
83 posts
Irish central bank hits Coinbase Europe with €21.5M fine for failed transaction monitoring
Ireland’s central bank has fined Coinbase Europe €21.5 million for failing to properly monitor millions of transactions, including…
Samourai Wallet founders risk five-year term after pleading guilty to laundering charges
Samourai Wallet founders could be looking at a five-year prison term as U.S. prosecutors have pushed for maximum…
Crypto exchange boss found dead in Turkish jail, state media confirms
Faruk Fatih Ozer, the former chief executive of collapsed cryptocurrency exchange Thodex, has been found dead in his…
OKX tightens AML measures after FinCEN action against Huione Group
Cryptocurrency exchange OKX is among the first to take action against funds tied to the Huione Group, after…
US seizes $14B in Bitcoin tied to scams run by Cambodia’s Prince Group
Prosecutors in the United States have charged Cambodia’s Prince Group with wire fraud and money laundering conspiracy, after…
Investigation: The team behind Russian Garantex created a sophisticated international money laundering network
The U.S. Treasury designated Russian crypto exchange Garantex in April 2022. According to the new Treasury press release,…
FinCEN finds $312B Chinese laundering in U.S. banks — crypto is still called criminal
A four-year FinCEN review showed $312 billion laundered in banks by Chinese networks, while enforcement rhetoric continued to…
Czech police arrest infamous darknet operator in Bitcoin-for-favors scandal
The man behind Sheep Marketplace, a defunct darknet hub, now faces fresh charges after allegedly funneling $45 million…
Paxos Settles with NYDFS for $48M Over Binance and AML Violations
Paxos has agreed to pay $48.5 million to the New York Department of Financial Services (NYDFS). This is…
Samourai Wallet Founders Plead Guilty in $100M Bitcoin Laundering Case
Samourai Wallet co-founders Keonne Rodriguez and William Lonergan Hill have decided to plead guilty to charges related to…