Estonia-based BitBay announced it was dropping Monero, with the cut-off for clients holding the cryptocurrency set for February 19, 2020.
Phoenix Fund Investments reportedly received some $110 million from the OneCoin scam in 2017, which was transferred to the fund through an Irish bank account.
Mark Scott has been convicted by the federal court in the Southern District of New York for laundering $400 million of OneCoin’s money.
Chainalysis laid off 39 workers in a bid to focus on profitability, mostly on its R&D division, despite several recent positive moves
North Korea has reportedly been laundering money through a blockchain company it set up in Hong Kong, in a move designed to evade international sanctions.
The Libra Association may have to submit further details about how the asset will operate before Australian regulators will permit a rollout in the country.
Facebook executives are more determined than ever to see the Libra stablecoin participate in a global economic system.
Facebook offering a stablecoin like Libra has really caused regulators to shudder and become fearful that stablecoins could lead to a rise in money-laundering activity.
Outside of the previously lightly regulated cryptocurrency ecosystem, the guidance is essentially the application of FATF’s operative guidance called the “travel rule” for traditional financial institutions towards crypto businesses.
A 21-year-old Australian woman was arraigned in court Tuesday as part of an investigation into a major fraud ring that involved cryptocurrency money laundering.
Binance is apparently so willing to help criminals that it has already allowed its own hackers to sell off $5000 worth of BTC on the exchange.