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US Senators Warren, Marshall Introduce Digital Assets Anti-Money Laundering Bill
14.12.2022
U.S. Senators Elizabeth Warren (D-Mass) and Roger Marshall (R-Kan) are introducing an act to crack down on money laundering and financing of terrorists and rogue nations via cryptocurrency
FTX Co-Founder Indicted by Federal Grand Jury in Manhattan, Bahamian Magistrate Denies SBF’s Bail
14.12.2022
On Dec. 13, 2022, the Southern District of New York (SDNY) prosecutor’s office and SDNY attorney Damian Williams revealed that the FTX co-founder Sam Bankman-Fried has been indicted for “fraud, money Laundering, and campaign finance offenses.” SDNY attorney Williams said that the case was...
Binance CEO Could be Facing Money Laundering Charges
13.12.2022
Binance and its CEO and founder Changpeng Zhao, better known as CZ, could reportedly be facing charges for money laundering conspiracy and other violations in the US....
Read More: Binance CEO Could be Facing Money Laundering Charges
'Old money has all but fled,' Huobi co-founder discusses challenges of running $400M VC fund
13.12.2022
Jun launched the fund amidst the bear market this year and continues to invest in Web 3.0 companies
Crypto Twitter explodes over the news of Sam Bankman-Fried's arrest
13.12.2022
US politicians, crypto execs, and influencers fired up their Twitter apps upon learning of Sam Bankman-Fried's arrest in The Bahamas
Sam Bankman-Fried Wants to Start New Business to Repay FTX Users — ‘I’m Going to Try if I Can’
13.12.2022
Former FTX CEO Sam Bankman-Fried (SBF) has revealed that he wants to start another business in the hope of earning money to repay FTX customers. “I would give anything to be able to do that. And I’m going to try if I can,” he said. SBF Wants to Start a New Business...
Bitcoin could reach $1M in 5 years due to fiat currencies’ collapse, says Samson Mow
12.12.2022
The future collapse of fiat currencies could propel Bitcoin to $1 million in the next five to 10 years, according to Jan3 CEO and Bitcoin proponent Samson Mow
Today in Crypto: Alameda Research Ex-CEO Hires a Former SEC Chief to Defend Her, 63 Arrested in Crypto Money Laundering Case, KuCoin's and ByBit's Proofs of Reserves
12.12.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Alameda Research Ex-CEO Hires a Former SEC Chief to Defend Her, 63 Arrested in Crypto Money Laundering...
US Prosecutors Look to Charge Binance and CZ on Possible Money Laundering Violations: Reuters
12.12.2022
The Department of Justice has also discussed possible plea deal with Binance's lawyers, the report added
Crypto Exchange Bybit to Add New Restrictions for Unverified Users, Update Withdrawal Limits
12.12.2022
Cryptocurrency exchange Bybit has announced upcoming changes to its know-your-customer (KYC) policy that will limit certain operations for unverified customers. The stricter requirements concern coin purchases with fiat money, NFT transactions, and withdrawal limits. Bybit to Limit Services...
European Union to Put a 10,000-Euro Limit on Cash Payments; Transactions Over €1,000 in Crypto Will Be Scrutinized
10.12.2022
The states of the European Union have convened to establish a new limit on cash purchases and to strengthen the controls on cryptocurrency transactions. On Nov. 6 the bloc agreed to put a limit of €10,000 ($10,557) on cash payments and to exert stronger oversight on crypto transactions of over...
Kevin O’Leary Reveals FTX Paid Him $15 Million to Become a Spokesperson for the Exchange
9.12.2022
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has revealed that the collapsed crypto exchange FTX paid him about $15 million to become its spokesperson. “I put about $9.7 million into crypto. I think that’s what I lost. I don’t know. It’s all at zero,”...
FEC probe demanded after SBF 'admitted' to making dark money donations
9.12.2022
Sam Bankman-Fried previously told crypto vlogger Tiffany Fong in an interview that all his republican donations "were dark."
DMI finds CBDCs not targeting cross-border payments, huge potential in Metaverse
8.12.2022
The Digital Money Institute’s third annual payments report looks at CBDCs for the first time, as well as other payment methods, through the lens of cross-border payment utility
How do crypto hardware wallet firms make money?
8.12.2022
All the companies that are involved in producing hardware crypto wallets have multiple revenue streams, either directly or indirectly
US regulator to seek feedback on DeFi's impact on financial crime
8.12.2022
A “close look” is being taken at money laundering and terror financing laws by FinCEN as it asked banking sector players for feedback on DeFi’s crime risks
FTX hires forensics team to find lost customers’ billions: Report
8.12.2022
Lawyers have claimed FTX assets are either stolen or missing and now a team of financial forensic experts is attempting to trace the money trail
Mad Money’s Jim Cramer Advises Investors to Get out of Crypto — Says ‘It’s Never Too Late to Sell’
8.12.2022
The host of Mad Money, Jim Cramer, has advised investors to sell their crypto, emphasizing that “it’s never too late to sell an awful position.” Regarding FTX, Cramer predicted that the collapsed trading platform “won’t be the last of these crypto exchanges to...
Strike Launches Bitcoin Lightning Network-Enabled Money Transfers to Africa
7.12.2022
United States-based users of Strike, a digital payments platform built on Bitcoin’s Lightning Network, can now transfer funds instantly and at a low cost to Kenya, Ghana, and Nigeria via the recently added new feature known as “Send Globally.” The new feature instantly converts...
OneCoin Co-Conspirator Frank Schneider Faces Money-Laundering Charges
7.12.2022
OneCoin was a $4 billion ponzi scheme