Laundering

According to another ReportsThe United States has made efforts to disrupt illicit cryptocurrency-related networks supporting the North Korean government, announcing sanctions on two individuals and one entity in the United Arab…

Ilya Lichtenstein, who pleaded guilty to his role in the 2016 Bitcoin hack of cryptocurrency exchange Bitfinex, has been sentenced to five years in prison, the US Department of Justice (DOJ) announced on Thursday. Liechtenstein…

Darren Li, a 41-year-old dual citizen of China and Saint Kitts and Nevis, pleaded guilty to one count of conspiracy to commit money laundering using cryptocurrencies. The charge involves a complex scheme that allegedly laundered…

The founder of a cryptocurrency mixing platform will end up in a US prison cell and return to his home country for 12.5 years after a federal court ruled that the owner of the cryptocurrency company was guilty of money laundering.…

Ireland appears to be taking rapid action to implement new cryptocurrency regulations in anticipation of upcoming EU anti-money laundering (AML) and counter-terrorism financing (CTF) standards. Finance Minister Jack Chambers…

(Reuters) - TD Bank is close to potentially pleading guilty to criminal charges that its U.S. retail bank failed to curb money laundering linked to Chinese criminal groups and illicit sales of fentanyl, the Wall Street Journal reported on…

On July 18, Judge Eric Vitaliano sentenced the founder of cryptocurrency exchange Pizzalato to 18 months in prison, time he has already served, for running an unlicensed money transfer business. Anatoly Legkodimov pleaded…

The Russian founder of Bitzlato has been sentenced to a fixed term in prison for facilitating more than $700 million in illegal crypto transactions. Anatoly Legkodimov, a Russian co-founder of Hong Kong-based cryptocurrency exchange…

Copyright: Shutterstock The cryptocurrency industry has had a turbulent journey, with triumphs and setbacks. One of these setbacks was the high-profile case BitmexBitMEX, a prominent Bitcoin exchange, has found…

TORONTO (Reuters) - TD Bank's chief compliance officer has left the bank, according to an internal memo, as the Canadian lender faces U.S. regulators and the Justice Department in an investigation into its anti-money laundering program.…