Browsing Tag
Money Laundering
73 posts
Bitcoin Fog Operator Declared Guilty of Money Laundering, Faces Up to 50 Years in Prison
Following his arrest nearly three years ago, a Jury in a US federal district court found Roman Sterlingov,…
Binance bolsters web3 trust through law enforcement workshop in Taiwan
In a move aimed at bolstering ties with law enforcement in handling crypto-related crimes, Binance conducted a virtual…
EU picks Frankfurt headquarters for new anti-money laundering authority
Frankfurt has emerged as the most suitable location for the situation of anti-money laundering and counterterrorism financing (AML/CFT)…
Chainalysis: Crypto money laundering falls 29% as Lazarus, others respond to mixer sanctions
Chainalysis reported a 29% decline in crypto money laundering activity in 2023 as U.S. authorities and other world…
OneCoin Lawyer Sentenced to 10 Years in $400 Million Cryptocurrency Fraud Scheme
According to Manhattan federal prosecutors, Mark Scott, a former partner at the U.S. law firm Locke Lord, has…
U.S. government to sell over $131m in Bitcoin seized from Silk Road
The U.S. District Court of Maryland has issued a notice regarding the disposition of a substantial amount of…
EU banking watchdog strengthens AML measures for crypto firms
EBA extends AML guidelines to CASPs, addressing ML/TF risks in crypto transactions. Guidelines provide risk factors and mitigating…
Father and Son Duo Sentenced to Prison for Bitcoin Money Laundering Scheme
A father-son duo, residents of Maryland, have been sentenced for their involvement in a dark web drug trafficking…
Crypto Firms Faced Nearly $6B in Fines in 2023 for AML Violations
Crypto firms faced substantial regulatory action, collectively paying nearly $6 billion in fines primarily due to Anti-Money Laundering…
Father and son sentenced for laundering millions in Bitcoin
A Maryland father and son receive federal prison sentences for their involvement in a dark web drug trafficking…
