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Nalezeno "Crimes": 1017

FinCEN Names Misuse of Cryptocurrencies a National Priority

4.7.2021
The Financial Crimes Enforcement Network (FinCEN) has named “cybercrime, including relevant cybersecurity and virtual currency considerations” a national priority. In particular, the Treasury is concerned about the “misuse of virtual assets that exploits and undermines their...

FinCEN lists cryptocurrencies as top AML and CFT priorities

1.7.2021
FinCEN will soon issue regulations on how financial institutions should incorporate its priorities on crypto considerations into their AML programs

Korean Banks to Be Relieved of Liability for Crypto-Related Crime, Report Suggests

28.6.2021
Banking institutions in South Korea have reportedly requested to not be held accountable for crimes linked to cryptocurrencies such as money laundering. According to local media, financial regulators are now developing rules that could relieve Korean banks from responsibility when screening...

US Man Selling Bitcoin Without License Faces 5 Years in Prison

26.6.2021
A New Orleans resident has been charged for selling bitcoin without registering with the Financial Crimes Enforcement Network (FinCEN). If convicted, the seller may receive a maximum of five years in prison, a maximum $250,000 fine, up to three years of supervised release, and a $100 mandatory...

Old Flier Invites Kids To Do Nintendo Crimes

24.6.2021
Ever wanted the likes of Donkey Kong Jr., Excitebike, Popeye, Pac-Man, Galaga, and many more classics on one single game cartridge for the low, low price of $24 plus shipping and handling? Time-travel back to 1990 and this technological “gray market” wonder could be yours.Read more

Banning cryptocurrencies to counter crime is a nonsensical excuse

24.6.2021
Cryptocurrencies represent far less of a market for criminals compared to traditional finance, so crypto bans won’t solve the problem

BIS: Cryptocurrencies Are Often Used in Financial Crimes, Money Laundering, Ransomware Attacks

24.6.2021
The Bank of International Settlements (BIS) says that it is now clear that cryptocurrencies are not money but speculative assets, emphasizing that in many cases they are used “to facilitate money laundering, ransomware attacks, and other financial crimes.” BIS Criticizes...

Remembering John McAfee: computer programmer and crypto evangelist dead at 75

23.6.2021
Many may remember McAfee for being unapologetically outspoken for his thoughts on government overreach and a unique character in the crypto space

Spanish court rules John McAfee can be extradited to the United States

23.6.2021
Lawyers will have the opportunity to appeal the court’s decision and local lawmakers will need to approve the extradition before it is final

Biden nominee for Treasury Dept will prioritize crypto regulation

22.6.2021
"If I am confirmed, I will prioritize implementing that piece of legislation, including new regulations around cryptocurrency," said Brian Nelson

US Senator Urges Treasury Secretary to ‘Make Significant Revisions’ to FinCEN’s Crypto Proposal

13.6.2021
U.S. Senator Pat Toomey has urged Treasury Secretary Janet Yellen to “make significant revisions” to the proposed crypto regulation by the Financial Crimes Enforcement Network (FinCEN) and the planned adoption of the guidance issued by the Financial Action Task Force (FATF). Senator...

Biden to discuss crypto’s role in ransomware attacks at G7, says national security adviser

7.6.2021
The U.S. president has rarely made public statements on crypto and blockchain, though officials in his administration are reportedly reviewing current regulations

National Court of Spain Suspends John McAfee Extradition Hearing

6.6.2021
The National Court in Spain has suspended the hearing destined to deal with the extradition request that John McAfee, the well known cryptocurrency influencer, has pending for its tax-related crimes in the U.S. The entrepreneur was apprehended in October last year in the El Prat Airport where...

Biden Makes Cryptocurrency a Focus of New Anti-Corruption Directive for National Security

4.6.2021
Cryptocurrency is a point of focus in President Joe Biden’s new directive aimed at combating corruption as a core national security interest of the U.S. An official of the Biden administration says that major parts of the directive will focus on cryptocurrency and cybercrime. Crypto a Focus...

Ciphertrace Report Shows Crypto Crime Moving to Defi

15.5.2021
Ciphertrace, a blockchain analytics company, has announced that crypto-related crimes have moved to the realm of decentralized finance (defi) apps and protocols. Now, the impact these hacks and exploits represent is way bigger than the one classic hacks to centralized exchanges and other scams...

Turkey jails 6 in probe into missing Thodex crypto exchange CEO

30.4.2021
The arrested siblings of the missing Thodex CEO reportedly own millions of dollars worth of crypto

Nigerian Regulator Issues ‘Extreme Caution’ Crypto Investments Warning

28.4.2021
Nigeria’s Economic and Financial Crimes Commission (EFCC) has become the latest body to warn of risks associated with cryptocurrency investments. In a public warning, the law enforcement agency argues that investing in cryptos “is a high-risk activity as the terrain is largely...