Who does more jail time: Sam Bankman-Fried or Mexican cartel’s BTC launderer?
Both Sam Bankman-Fried and Martin Mizrahi committed crimes they should have realized would eventually be exposed while insisting on their innocence to the end.
Both Sam Bankman-Fried and Martin Mizrahi committed crimes they should have realized would eventually be exposed while insisting on their innocence to the end.
US Treasury plans to release its 2024 National Strategy for Combatting Terrorist and Other Illicit Finance, which will be based on the 2024 National Risk Assessments.
Lawyer Mark Scott is sentenced to 10 years in prison after he was convicted on two felony counts related to bank fraud and money laundering through the OneCoin digital asset scheme.
Mark Scott’s lawyers had proposed a five-year term for the disgraced lawyer, but prosecutors are pushing for 17 years “to match the seriousness of his crime.”
The EBA's amended AML guidelines, the second landmark law passed after MiCA, will apply from December 30, 2024, with an aim to help digital asset firms identify risks and adjust their mitigation.
The UNODC report details Tether's role in the massive underground banking networks that support Macau's casino 'junket' operators as well as illegal China-facing online gambling sites.
In a proceeding before U.S. District Judge Vitaliano, Anatoly Legkodymov agreed to a plea deal dissolving Bitzlato and releasing any claim over approximately $23 million in seized assets of the exchange.
On December 7, U.S. District Court Judge Richard Jones rejected CZ’s request to return to Dubai until his sentencing hearing on February 23, 2024.
Sinbad.io, a key money laundering tool for North Korean hacker Lazarus Group, had its website seized by U.S. authorities and is now facing sanctions over alleged coin mixing services.
The three allegedly recruited Taiwanese and Chinese nationals in the United States to defraud several banks through double credit scams and laundered the funds through ‘crypto.’
While Changpeng Zhao’s guilty plea this week came as a surprise to ordinary people, it wasn't so much for global regulators, who—for years—have been tracking and calling out Binance's illegal activities.
Binance attempts to stay afloat with the appointment of its new CEO after CZ stepped down following a guilty plea on charges tied to sanctions violations and breaching the Bank Secrecy Act.