Bitcoin Fog founder Roman Sterlingov has been sentenced to 12.5 years in jail for working a serious cryptocurrency mixing service that laundered over $400 million in legal proceeds. The Washington….
The US Division of Justice introduced it had indicted two Russians for what it mentioned was a multi-million-dollar cash Russian crypto laundering ring, an operation that ran billions of {dollars}….
Stuart Alderoty, chief authorized officer (CLO) of Ripple Labs, on Tuesday expressed issues over the US Federal Reserve and the U.S. SEC scapegoat crypto for cash laundering. Ripple CLO identified….
China’s Supreme Folks’s Court docket and Supreme Folks’s Procuratorate have issued new measures to handle anti-money laundering legal guidelines. From the twentieth of August, 2024 the authorized interpretation offers for….
A report from United Nations sanctions displays reveals that North Korea allegedly laundered $147.5 million stolen from a cryptocurrency change by the Twister Money platform in March. This laundering exercise….
Alexey Pertsev, the developer of Twister Money, has been handed a jail sentence of 64 months by a Dutch court docket. The ruling is in response to his involvement in….
A Russian nationwide, Alexander Vinnik, has pleaded responsible in a cash laundering conspiracy that used the cryptocurrency change BTC-e. Admission was made on account of the broader investigation, which disclosed….
The Financial Conduct Authority (FCA) has highlighted the potential for exploitation within the cryptocurrency sector for cash laundering actions. In a current danger evaluation report protecting 238 corporations, the FCA….
A brand new synthetic intelligence (AI) mannequin has been introduced by blockchain evaluation agency Elliptic in partnership with researchers from MIT and IBM which is supposed to determine cash laundering….
Keonne Rodriguez, a Samourai Pockets co-founder, has pleaded not responsible to his alleged position in working a crypto mixer service. This case develops because the U.S. authorities improve their surveillance….
