The retired soccer star was identified as one of eight suspects involved in a money laundering operation thought to have handled some R$35 million in illicit funds through digital currency.
Larry Dean Harmon is accused of helping criminals move 350,000 BTC through his mixing service and was heavily linked to infamous dark web marketplace AlphaBay.
The head of the Mexican Financial Intelligence Unit, Santiago Nieto Castillo, stated that the 12 exchanges were operating illegally during a recent event focused on financial intelligence and risk management.
Jesse Powell, CEO of Kraken exchange, is under fire for admitting he used money laundering tactics to dodge mainstream financial platforms’ compliance crackdowns.
Brazilian civil police seized R172 million ($33.3 million) from two individuals and 17 legal entities, as part of the Operation Exchange covering six warrants in Diadema, Sao Paulo.
The company revealed that its blockchain intelligence solution has already helped Chinese police recover 10 billion yuan ($1.5 billion) in illegal funds and crack dozens of cases.
The money is alleged to be the proceeds of a money laundering ring, with a 39-year-old woman at the center of the high-stakes crime.
Documents published by the European Union show plans are already at a developed stage for the body, which would seek to enforce new rules on the transparency of digital currency asset transfers.
Claudio Oliveira was the president of the Bitcoin Banco Group, a Brazilian digital currency brokerage company that reportedly lost over 7,000 BTC following an alleged hack in 2019.
The court backed a previous ruling handed down in December 2020, which found that Vinnik had been guilty of money laundering and had provided false information about the origins of funds to authorities.
The Virtual Financial Assets Agents Business Unit of the Malta Chamber of Commerce responded to allegations that there were concerns from regulators overseas about lax standards of regulation.