Twelve people in Brazil were charged with using SegWit BTC to launder millions of dollars that they earned from a drug smuggling racket that reached Europe, Africa and Asia.
The French authorities have issued an arrest warrant for 39-year-old Russian national Alexander Vinnik, who they accused of "looting" illegal profits amounting to an estimated €130 million.
Theresa Lynn Tetley was a former stockbroker and real estate investor who authorities said conducted an illegal business and engaged in unlawful monetary transactions involving BTC.
The U.S. president signed an executive order for the establishment of a task force that will address “market integrity and consumer fraud.”
The U.S., Australia, Canada, Netherlands, UK have formed allegiance to trade and share intel on crypto-tax crime and collaborate on investigations.
The European Union has recently adopted a new directive to cover cryptocurrencies in order to fight money laundering and terrorism financing activities.
The U.S. Secret Service has asked the Congress for assistance in preventing cryptocurrencies such as Monero and Zcash since these have enhanced privacy and anonymity features that can be used for illegal activities like money laundering.
South Korean cryptocurrency exchange Bithumb has announced it is banning digital assets trading in a number of countries, including North Korea, Iran, Iraq and Sri Lanka, along with seven other locations.
Hilmi Git was indicted on charges of using hundreds of credit cards in 20,000 fraudulent transactions, and then laundering the money using BTC.
Friction mounts in Israel as banks aggressively try to impede cryptocurrency activities despite court orders.
The Financial Services Agency has introduced five new rules that apply to both existing cryptocurrency exchanges, as well as those that plan to enter the space.