24Apr/19

New York State Sees First Conviction for Crypto Money Laundering

A case involving millions of dollars in bitcoin and Western Union payments has resulted in New York State’s first conviction for cryptocurrency money laundering. The Manhattan District Attorney’s Office announced Wednesday thatRead More…

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19Apr/19

In First, FinCEN Penalizes Bitcoin Trader for Violating AML Laws

The Financial Crimes Enforcement Network (FinCEN) has for the first time penalized what it dubs a “peer-to-peer cryptocurrency exchanger” for breaking anti-money laundering (AML) rules. The U.S. regulator announced Thursday that California residentRead More…

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18Apr/19

G20 Prepares to Regulate Crypto Assets – a Look at Current Policies

Following their joint declaration committing to regulate crypto assets, the G20 countries are now preparing to set crypto policies at the upcoming summit. Several international organizations have contributed resources and are activelyRead More…

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07Apr/19

G20 to Establish Crypto AML and Counter-Terrorism Financing Regulations in June: Report

G20 member countries will meet to discuss international cryptocurrency Anti-Money Laundering (AML) regulation on June 8 and 9 in Fukuoka, Japan. The news was revealed in a report from local news outletRead More…

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21Mar/19

Alleged BTC-e Operator Alexander Vinnik Seeks Extradition to Russia

Alleged BTC-e exchange operator Alexander Vinnik, who is accused of laundering billions of dollars, is officially seeking extradition to Russia. According to a report from local news source e-Kathimerini on Thursday, Vinnik,Read More…

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20Mar/19

WSJ’s ShapeShift Exposé Overstated Money Laundering by $6 Million, Analysis Says

When it comes to cryptocurrency transactions, questions about alleged money-laundering quickly get thorny. A Wall Street Journal investigation from last September, titled “How Dirty Money Disappears Into the Black Hole of Cryptocurrency,”Read More…

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11Mar/19

How the World’s Leading Banks Help Launder $2 Trillion a Year

Some of the most well known banks in the world are also the biggest money launderers. The recent Troika Laundromat affair added another $8 billion to the trillions financial institutions wash everyRead More…

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10Mar/19

Brazilian Court Rules Santander to Return $350,000 to Crypto Exchange Mercado Bitcoin

The Court of Justice in the Brazilian state of São Paulo has dismissed the appeal made by Banco Santander against cryptocurrency exchange Mercado Bitcoin, and ruled that the bank should return fundsRead More…

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