Israel banks ‘cannot refuse’ crypto companies: attorney general
The attorney general of Israel has said that the country’s banks cannot institute a blanket ban on serving cryptocurrency companies.
Latest money laundering News
Bitcoin Mixers are illegal and anonymity is dangerous
Here’s a friendly reminder that operating coin mixing services is illegal—and that Bitcoin is not for anonymous transactions.
DOJ uses Larry Harmon charges to warn other crypto criminals
Larry Harmon helped conceal billions in crypto transactions, but the DOJ notes that nobody can hide from the law.
Prosecutors go after Ohio man over alleged $300M laundered for AlphaBay
Larry Dean Harmon helped the darknet marketplace illegally convert and clean incoming revenue.
OneCoin lawyer asks court to overturn $400M money laundering conviction
Arguing the evidence presented to the court is insufficient to convict, former OneCoin lawyer Mark Scott is asking to be acquitted of the charges.
OneCoin crypto scheme allegedly used fake reviews to deceive investors
OneCoin appears to have relied on so-called “astroturfing,” using fake or inauthentic accounts to post positive reviews.
Vinnik extradited to France secretly as lawyers cry foul
Vinnik was reportedly extradited to France secretly without his lawyers or family being informed and while he was very weak after a month-long hunger strike
Attending North Korea crypto conference may breach UN sanctions: experts
The February conference has been flagged in a confidential report, in which experts warn developers not to attend the event.
BTC-e operator Alexander Vinnik extradited to France, Russia unhappy
Alleged BTC-e operator Alexander Vinnik is to be extradited to France after 17 months of detention in Greece. The Russian government is very displeased.
BitBay exchange latest to drop Monero over money laundering risks
Estonia-based BitBay announced it was dropping Monero, with the cut-off for clients holding the cryptocurrency set for February 19, 2020.
OneCoin-linked racehorse fund owner denies $110M laundering claims
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.
OneCoin lawyer found guilty of laundering $400M in crypto fraud proceeds
Mark Scott has been convicted by the federal court in the Southern District of New York for laundering $400 million of OneCoin’s money.