Latest News Of money laundering Tag

Malta regulator addresses concerns over cybersecurity

Business 11 February 2019

Malta regulator addresses concerns over cybersecurity

Authorities in Malta are taking action after the International Monetary Fund (IMF) raised concerns that blockchain's ascent in Malta will be a significant risk to the Maltese financial system.

Read More
IMF: Blockchain in Malta poses ‘significant risks’ to financial system

Business 25 January 2019

IMF: Blockchain in Malta poses ‘significant risks’ to financial system

According to the IMF, the rise of the blockchain sectors in Malta isn’t wholly innocent, and could in fact pose “significant risks” to the country’s financial system.

Read More
Ireland set to approve AML bill impacting cryptocurrencies

Business 4 January 2019

Ireland set to approve AML bill impacting cryptocurrencies

Ireland's cabinet has accepted the Fifth Anti Money Laundering Directive put forward by the European Union, creating more oversight for cryptocurrencies.

Read More
The fallacy of the ‘crypto’s only good for money laundering’ argument

Business 7 December 2018

The fallacy of the ‘crypto’s only good for money laundering’ argument

Cryptocurrency have been put in a bad light many times. In Japan an estimated 6,000 transactions were related to money laundering using cryptocurrency.

Read More
Cyprus court drops charges against BTC-e founder

Business 29 November 2018

Cyprus court drops charges against BTC-e founder

Alexander Vinnik, who allegedly founded the BTC-e cryptocurrency exchange before running off with everyone’s money, just got a brief reprieve.

Read More
Alleged BTC-e operator goes on hunger strike to protest extradition

Business 28 November 2018

Alleged BTC-e operator goes on hunger strike to protest extradition

Alexander Vinnik, a former cryptocurrency exchange executive accused of using BTC to launder billions of dollars, is preparing to go on hunger strike.

Read More
Thai siblings linked to $24M crypto scam plead not guilty

Business 8 November 2018

Thai siblings linked to $24M crypto scam plead not guilty

The three siblings arrested in Thailand on allegations of fraudulently tricking a Finnish investor into shelling out over $24 million in cryptocurrency have pleaded not guilty to money laundering charges.

Read More
Tether’s new banking partner already in hot water

Business 8 November 2018

Tether’s new banking partner already in hot water

According to media outlet, Brazil’s Deltec Bank & Trust may have been involved in a large money-laundering scheme that involves a Brazilian government official.

Read More
Binance freezes accounts linked to crypto exchange over money laundering claims

Business 1 November 2018

Binance freezes accounts linked to crypto exchange over money laundering claims

Binance has frozen accounts belonging to another cryptocurrency exchange, Wex, after users claimed the latter was involved in money laundering activities.

Read More
US man running unlicensed crypto business via LocalBitcoins faces jail time

Business 31 October 2018

US man running unlicensed crypto business via LocalBitcoins faces jail time

A man who ran a Bitcoin Core (BTC) operation through LocalBitcoins could possibly go to jail.

Read More
ShapeShift hits back at ‘deceptive’ Wall Street Journal report

Business 3 October 2018

ShapeShift hits back at ‘deceptive’ Wall Street Journal report

Erik Voorhees, the founder of ShapeShift.io, has responded robustly to claims made in the Wall Street Journal (WSJ) that he says are “factually incorrect and deceptive.”

Read More
Greek top court now wants to send Alexander Vinnik to Russia

Business 5 September 2018

Greek top court now wants to send Alexander Vinnik to Russia

The highest tribunal in Greece has ruled that Alexander Vinnik, the alleged owner of the disgraced crypto trading platform BTC-e, is to be extradited to Russia.

Read More