Key Takeaways Coinbase’s UK arm, CB Payments Limited (CBPL), has been fined £3.5 million ($4.5 million) by British regulators for violating a voluntary anti-money laundering agreement. This fine marks the FCA’s first enforcement action against a crypto asset trading company.…
Key Takeaways Self-proclaimed Crypto King Aiden Pleterski is charged with money laundering and one count of fraud over 5,000 Canadian dollars ($3,666) by the Canadian authorities Apart from him, police have also charged his associate Colin Murphy with fraud for falsely claiming to…
The conviction of crypto mixing protocol creator Tornado Cash's creator for money laundering might have serious ramifications for others who create open-source software.
The Panshi City Public Security Bureau in Jilin Province, China, effectively shut down an illicit underground virtual currency money exchange organization.
Key Takeaways Three former executives of bankrupt crypto lender Cred Daniel Schatt, Joseph Podulka, and James Alexander have been charged by a federal grand jury with wire fraud conspiracy and money laundering. The alleged scheme is said to have caused…
Key Takeaways Roman Storm, co-founder of cryptocurrency mixer Tornado Cash, has moved to dismiss charges against him, alleging he operated a money laundering business and violated the International Emergency Economic Powers Act. In a filing to the United States District…
Key Takeaways In a move aimed at tackling the misuse of crypto-assets in illicit financial activities, the European Banking Authority (EBA) has expanded the European Union’s Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) guidelines to now include crypto-asset service providers…
Binance is suspected of offering digital asset services to local clients without authorization and carrying out inadequate money laundering inspections.
The FBI and Ukrainian law enforcement have taken down nine cryptocurrency trading websites that assisted in money laundering.
Authorities claim that over the past five years, ChipMixer has moved 152,000 BTC ($2.88 billion).
