Browsing Tag
Money Laundering
86 posts
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…
US Senator Elizabeth Warren introduces bill to crack down on crypto
U.S. Senators, spearheaded by Elizabeth Warren, have broadened bipartisan backing for the Digital Asset Anti-Money Laundering Act to…
Crypto is for criminals? JPMorgan has been fined $39B and has its own token
Crypto proponents on X wasted no time pointing out the hypocrisy of JPMorgan CEO Jamie Dimon’s recent remarks…
28 cryptocurrency firms in India register with national anti-money laundering agency
India’s Financial Intelligence Unit has officially registered 28 Virtual Digital Assets and crypto service providers.
Germany’s Bitcoin Group tackles money laundering attempts
Germany’s Bitcoin Group is implementing improvements to its internal control system following BaFin’s directive to its subsidiary futurum…
Blockchain developers must pull crypto out of its money laundering peril | Opinion
Preserve trustlessness and privacy as much as possible while still preventing financial crimes is certainly feasible.
BNB pops after report that DOJ wants $4B settlement with Binance
BNB hit its highest price since June after Bloomberg reported the U.S. Justice Department wanted $4 billion from…
SFC releases updated AML/CFT checklist for virtual asset service providers
The Securities and Futures Commission (SFC) has introduced an updated Anti-Money Laundering/Counter-Financing of Terrorism Self-Assessment Checklist, aimed at…