Benjamin Delo pleaded guilty to violating the Bank Secrecy Act alongside Hayes and Reed, but despite prosecutors pushing for a bigger sentence, he has avoided prison.
Critics dismiss blockchain as nothing but a speculative asset attached to a distributed spreadsheet, but the iGaming Business webinar shows that the technology could revolutionize other industries.
Samuel Reed, along with Arthur Hayes, Benjamin Delo, and Greg Dwyer, are accused of knowingly operating a BTC trading platform that had a lax anti-money laundering program and failed to conduct basic KYC checks.
Harnessing the powers of the latest technology to help combat problem gambling, keep regulators happy and avoid player disputes was a recurring theme throughout KnowNow’s Player Protection Forum, and this is where nChain’s Kensei Connect comes in.
U.S. AG Merrick B. Garland is targeting "individuals and entities" seeking to evade economic sanctions on Russian businesses with the recent "Task Force KleptoCapture" announcement.
The Finance Ministry has opened a public feedback period until mid-March on a piece of legislation that will make Bitcoin legal in Russia.
A special report by Reuters has unearthed the rot at Binance, including how top execs made fun of anti-money laundering and Know Your Customer checks, and how Zhao led the flouting of laws.
Binance founder Changpeng Zhao tweeted that while the exchange is being linked to the bad guys, the bank is not, even though they use the “same or stronger” AML tools as banks.
Wallets such as MetaMask and Ledger, which don't require KYC verification, will no longer be usable on Coinone, a top analyst says it's only a matter of time before other exchanges follow suit.
With regulators taking an increasingly tight line on compliance, gambling operators are now expected to run KYC and AML checks as standard on every player, among their many legal obligations.
Austria-based kompany has entered into a definitive agreement to be acquired by Moody’s Analytics, which provides financial intelligence and analytical tools globally to help business leaders make better, faster decisions.