BTC-e Alexander Vinnik money laundering trial begins in Paris
The present case is focusing on Alexander Vinnik’s alleged involvement in ransomware fraud to the tune of $159 million.
Latest money laundering News
20 arrested in QQAAZZ crypto money laundering syndicate: Europol
The alleged scammers are reported to be part of QQAAZZ, reportedly involved in extensive money laundering efforts through BTC and other cryptocurrencies.
‘Shockingly lax’ Binance again accused of money laundering—and FATF is watching
Regulators and even other digital asset exchanges are turning up the legal heat on Binance.
Here’s why Bitcoin is automatically FCA compliant
The FCA’s proposal will require digital currency service providers to make significant operational changes so that they can be compliant.
FCA eyes extending money laundering obligations for digital currency firms
New proposals from the U.K.’s financial regulator could see more firms required to report on managing the risks of financial crimes.
Russia bans anonymous Bitcoin wallet deposits
The ban has been introduced to prevent the use of digital currency for money laundering, terrorism financing and the drugs trade.
Mastercard exec implicated in illegal Wirecard transactions
The executive was allegedly involved in a sophisticated money laundering operation with links to disgraced payments firm Wirecard.
PlexCoin scam founders charged with fraud in US
Dominic Lacroix, Sabrina Paradis-Royer and Yan Ouellet are charged with securities fraud, wire fraud and conspiracy to commit money laundering.
Over $1.4B in digital currency laundered via exchanges in H1 2020
Digital currency exchanges with KYC and AML procedures, such as Huobi, Binance, and even Coinbase, were reportedly the digital currency exchanges that the most money was laundered through.
Craig Wright slams ‘empty jargon’ of censorship resistance
Bitcoin is for cash micropayments, and not as a workaround for money laundering laws, according to Dr. Craig Wright.
AML Bitcoin team charged with money laundering
The SEC is pressing charges including money laundering, wire fraud, and aiding and abetting in an unregistered digital securities sale.
$90M fund with links to defunct BTC-e exchange seized in New Zealand
Alexander Vinnik is accused of laundering billions of dollars via BTC-e exchange since 2011.