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Nalezeno "Money-laundering": 387

Crypto Exchange Bkex Suspends Withdrawals Amid Money Laundering Incident

30.5.2023
Bkex, a crypto exchange based in the British Virgin Islands, has suspended withdrawals due to an allegation that a user’s “funds were involved in money laundering.” In order to assist law enforcement with their investigation and gather evidence, Bkex said it has decided to halt...

Japan to Enforce Tougher Crypto Anti-Money Laundering Laws Next Month: Report

24.5.2023
Earlier this month, global financial crimes watchdog FATF urged G-7 economies like Japan to lead by example to implement its controversial "travel rule" for crypto transfers

South Korean Prosecutors Buy Blockchain Analytics Tools in Bid to Bust ‘Crypto Money Laundering’

22.5.2023
South Korea’s prosecution service will buy new blockchain analytics software – and wants to use it to catch people laundering crypto overseas. Per the domestic media outlet Economist, the new tools will be used to apply the same level of scrutiny to overseas exchanges as is currently applied...

Elizabeth Warren’s Bill Won’t Stop Money Laundering, But it Could Ban Crypto

18.5.2023
The Digital Asset Anti-Money Laundering Act that Senators Elizabeth Warren and Roger Marshall are pushing through Congress is the legislative equivalent of a Trojan Horse, writes John Rizzo. It would effectively ban crypto in the guise of fighting money laundering

Brazilian Probe Unearths ‘Money Laundering’ at ‘Obscure’ Crypto Exchange – Militias Turning to Crypto?

11.5.2023
A notorious Brazilian militia group reportedly moved thousands of USD worth of money and coins through an “obscure” domestic crypto exchange. Per reports from O Globo and Portal do Bitcoin, the Public Ministry of Rio de Janeiro (MPRJ) believes that the Tandera Militia “laundered money” through...

Ex-OpenSea Exec Convicted of Wire Fraud, Money Laundering in Insider Trading Case

3.5.2023
Nate Chastain, the former head of product at non-fungible token (NFT) platform OpenSea, was convicted of money laundering and wire fraud in a New York court on Wednesday, according to a report from Reuters

FBI, Ukraine seize 9 exchange domains on money laundering allegations

3.5.2023
The authorities claimed the exchanges allowed cybercriminals to flout anti-money laundering measures

22nd Annual Canadian Forum on Anti-Money Laundering and Financial Crime

12.4.2023
June 7-8, 2023 | Toronto The Canadian Institute (CI) is excited to announce the return of the 22nd Annual Canadian Forum on Anti-Money Laundering and Financial Crime. This flagship event brings together Canada’s prominent regulators, and industry thought leaders from the financial institution...

Paxful co-founders’ litigation cites misappropriation of funds, money laundering, U.S. sanctions evasion

6.4.2023
A bitter dispute between Paxful's co-founders in Delaware courts may have led to the crypto marketplace's sudden closure

North Korea and criminals are using DeFi services for money laundering — US Treasury

6.4.2023
Despite the warnings on DeFi, Treasury noted that "most money laundering, terrorist financing, and proliferation financing" occurred using fiat or outside the crypto ecosystem

FTX EU Launches New Website for Withdrawals as Subsidiary Starts Returning Funds to Customers

1.4.2023
FTX’s European subsidiary, FTX Europe, has launched a new website, ftxeurope.eu, for users to withdraw funds from the now-defunct cryptocurrency platform. Withdrawal requests must be submitted through the new website and will be “subject to customary know-your-customer...

European Parliament Passes Historic Anti-Money Laundering Rules for Crypto Industry – More Regulation Incoming?

29.3.2023
The European Parliament on Tuesday approved new rules that aims to prevent crypto from being used for money laundering purposes. The most important part of the new legislation for crypto users is new a €1,000 ($1,080) cap on anonymous crypto transactions, meaning transactions that are made between...

Consider DLT Use When Judging Money Laundering Risks, EBA Advises Supervisors

29.3.2023
Draft guidance from the EU banking watchdog picks out crypto technology for scrutiny and proposes vetting procedures for senior staff

French Authorities Raid 5 Major Banks Over Accusations of Money Laundering and Fiscal Fraud

28.3.2023
On Tuesday, French officials conducted raids on five major banks located in and around Paris, including Societe Generale, BNP Paribas, HSBC, Natixis, and BNP’s Exane Bank, over alleged charges of money laundering and fiscal fraud. According to a spokesperson for France’s Financial...

EU Money Laundering Law Won’t Prevent Crypto Payments, Lead Lawmaker Says

28.3.2023
The new legislation, which will be put to vote on Tuesday, is set to impose new restrictions on transactions from self-hosted wallets

Signature Bank investigated for money laundering prior to demise: Report

15.3.2023
The pro-crypto bank was reportedly under dual investigations to uncover if it was taking proactive measures to stop money laundering

India Brings Crypto Transactions Under Prevention of Money Laundering Act

11.3.2023
India’s finance ministry has announced that crypto transactions will be covered under the Prevention of Money Laundering Act, 2002 (PMLA). Noting that the move “is a positive step in recognizing the sector,” a crypto insider explained that it will strengthen the industry’s...