Arthur Hayes has reportedly surrendered himself to U.S. authorities in Hawaii, to face charges of failing to implement money laundering protections at BitMEX exchange.
Compliance officers at financial institutions feel they still have a low understanding of digital assets, blockchain, and their surrounding legal issues.
Two prominent names in the Crypto Crime Cartel were arrested as the long overdue legal reckoning chews through prominent industry companies and individuals at the start of what is set to be a busy 2021.
In a new report, the law enforcement agency said drug traffickers were turning to digital currency ATMs as a way of illegally transferring money to avoid detection.
Roger Nils-Jones Karlsson is the founder of Eastern Metal Securities, a company that authorities said targeted no less than 3,577 investors.
Krstijan Krstic founded Start Options and Bitcoiin2Gen, or B2G, in 2017 and reportedly induced U.S. investors into the scam, authorities said.
Five digital currency providers account for roughly 55% of the illicit funds transacted in the digital currency ecosystem–find out why.
Antonije Stojilkovic is alleged to have been part of a crime ring that created several bogus investment platforms that lured investors with promises of huge profits.
The U.S. Department of Justice filed charges of operating an unlicensed money transmitting business and money laundering against Hugo Sergio Mejia.
Known as the Blockchain Act, it sets a firm legal basis for digital asset exchange and tokenization while tackling the threat of digital currency money laundering.
The digital asset exchange has said users will now be banned from withdrawals unless they are able to verify their ownership of external wallets.