Money Laundering News
Latest Money Laundering News
In a move aimed at bolstering ties with law enforcement in handling crypto-related crimes, Binance conducted a virtual assets law enforcement workshop for the officers of the Keelung District Prosecutors Office in Taiwan. The event, announced on March 13, reflects…
Jian Wen faces charges of laundering Bitcoin in a London court as part of an alleged $6 billion investment scam, as her defense claims the scheme's true mastermind manipulated her.
Frankfurt has emerged as the most suitable location for the situation of anti-money laundering and counterterrorism financing (AML/CFT) authority headquarters in Europe.
Analysts at Cyvers Alerts say an unknown entity moved over $55 million worth of Ethereum from wallets, associated with bankrupt crypto exchange AAX. In an X thread on Feb. 20, blockchain analysts at Cyvers Alerts published an investigation revealing anomaly…
Chainalysis reported a 29% decline in crypto money laundering activity in 2023 as U.S. authorities and other world governments sanctioned mixing services.
The U.S. District Court of Maryland has issued a notice regarding the disposition of a substantial amount of Bitcoin from the former marketplace Silk Road, totaling over $131 million.Â
A Maryland father and son receive federal prison sentences for their involvement in a dark web drug trafficking and Bitcoin laundering operation.
U.S. Senators, spearheaded by Elizabeth Warren, have broadened bipartisan backing for the Digital Asset Anti-Money Laundering Act to regulate cryptocurrency use.
Russian co-founder of crypto exchange Bitzlato, Anatoly Legkodymov, pleaded guilty to money laundering charges. According to a press release published by the U.S. Department of Justice (DoJ) on Dec. 6, 2023 Legkodymov pleaded guilty to operating a money transmitting business…
Crypto investigations are no longer focused on money laundering as about half of the crypto probes in 2022 involved tax, the IRS says. As per a Bloomberg report, Jim Lee, head of the Internal Revenue Service’s (IRS) criminal investigation division…
India's Financial Intelligence Unit has officially registered 28 Virtual Digital Assets and crypto service providers.
Germany's Bitcoin Group is implementing improvements to its internal control system following BaFin's directive to its subsidiary futurum bank to address deficiencies in anti-money laundering and counter-terrorist financing measures.
Preserve trustlessness and privacy as much as possible while still preventing financial crimes is certainly feasible.
The Securities and Futures Commission (SFC) has introduced an updated Anti-Money Laundering/Counter-Financing of Terrorism Self-Assessment Checklist, aimed at enhancing compliance in the evolving virtual asset sector.
OFAC targets Ekaterina Zhdanova for laundering over $100m via crypto, evading sanctions for Russian oligarchs and aiding ransomware affiliates.
Taiwanese authorities have arrested an individual suspected of laundering a record $320 million through digital assets, marking the largest case of crypto-related money laundering in the country's history.