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Nalezeno "money-laundering": 403

Estonia’s Government Still Wants to Implement Stricter Rules for Licensing Crypto Firms

9.2.2021
The new administration in Estonia is still planning to pursue an agenda to tighten rules for companies dealing with cryptocurrencies. The Ministry of Finance is looking to strengthen anti-laundering measures within the context of a major money-laundering scandal that involved Danske Bank. Estonia...

US Man Pleads Guilty to Money Laundering Charges Involving $13M in Bitcoin

1.2.2021
During a 28-month period, Hugo Mejia illegally exchanged millions of dollars-worth of bitcoin while attempting to hide his activity

Philippines Issues Crypto Industry Guidelines to Guard Against Money Laundering

26.1.2021
New guidelines bring the nation's digital asset industry in line with Financial Action Task Force standards

How compliance software detects fraud and money laundering involving crypto

18.1.2021
As the crypto markets mature and institutional money flows into the space, technology to detect fraud and money laundering involving digital assets is more important than ever

Owner of Crypto Exchange RG Coins Gets 10 Years in Prison for Laundering $5M

13.1.2021
The 53-year-old Bulgarian national was convicted for laundering funds via cryptocurrency for a fake online auctions gang

Estonia Revokes More Than 1,000 Crypto Firms’ Licenses This Year

15.12.2020
Over 1,000 cryptocurrency firms’ licenses have been revoked in Estonia this year as the country tightens the oversight of the crypto industry amid heightened money-laundering concerns. 1,000+ Crypto Firms Lost Their Licenses This Year The Estonian Ministry of Finance revealed Friday that...

Indian Crypto Trader Arrested for Allegedly Using USDT to Launder Money on Behalf of Chinese Online Betting Scammers

14.12.2020
An Indian law enforcement agency has arrested Naisar Kothari, a cryptocurrency trader, for his role in a money-laundering scheme linked to online Chinese betting scams. The arrest was made after the country’s Enforcement Directorate (ED) detected large amounts of money “being...

France moves to ban anonymous crypto accounts to prevent money laundering

10.12.2020
France is preparing new frameworks to prevent anonymity in crypto

BTC-e Operator Vinnik Sentenced to 5 Years in Prison on Money Laundering Charges

7.12.2020
Alexander Vinnik, an alleged BTC-e operator, was found guilty of money laundering in France and sentenced to five years in prison

Dutch Police Seize $33 Million in Bitcoin from Couple Accused of Money Laundering

30.10.2020
Prosecutors from the Netherlands have seized 2,532 bitcoins worth $33 million after a couple was convicted of money laundering by the Rotterdam District Court. The man and his wife were sentenced to two years for illegal money transmission and the court claims the couple’s bitcoin stash...

Bitmex Fast-Tracks KYC Program as Regulators Tighten Screws on Anti-Money Laundering Rules

22.10.2020
Bitmex said Wednesday that it is fast-tracking its user verification program in order to comply with regulatory requirements. Users must now be fully verified by Nov. 5, 2020 “to continue trading on the platform,” it said. In a statement, the crypto derivatives exchange stated that...

US financial watchdog fines early Bitcoin mixer $60M for money laundering

19.10.2020
FinCEN has fined the operator of early crypto mixers Helix and Coin Ninja for Bank Secrecy Act violations

Vinnik trial for extortion and Bitcoin money laundering begins in Paris

19.10.2020
The Russian national linked to the laundering of $4 billion of Bitcoin stolen during the Mt. Gox hack is finally in court

33 money laundering crypto crims targeted worldwide in 3 separate cases

16.10.2020
Law enforcement representing 16 different countries cooperated to arrest 20 members of a global crypto-powered money laundering cartel in just one of the cases

New Zealand Man Charged With Money Laundering Via Crypto and Luxury Cars

15.10.2020
As well as making cryptocurrency transactions, the man is alleged to have bought luxury cars and property to launder funds

Samsung Adds Anti-money Laundering Features to its Crypto Wallet

7.10.2020
Major smartphone maker Samsung has integrated a cryptoasset anti-money laundering (AML) solution to help boost the security of its Blockchain Wallet, a function of its latest flagship handsets. Per a blog post from South Korean, Singapore-based software firm Uppsala Security, the company has signed...

Europe Has The Most Of Money Laundering-Friendly Crypto Exchanges

2.10.2020
Source: Adobe/anish_ap1 Europe has the highest count of virtual asset service providers (VASPs) with deficient KYC procedures, followed by the strongest Asia-Pacific (APAC) region, and North America, claims CipherTrace, a developer of anti-money laundering, cryptocurrency forensics, and blockchain...