Laundering

In a groundbreaking legal case, a criminal gang in China has been found guilty of organizing a complex money laundering operation that leveraged the country's central bank digital currency (CBDC), the digital…

In a high-profile case involving a large-scale cryptocurrency fraud, a British-Chinese woman, Jian Wen, has been sentenced to six years and eight months in prison for her role in laundering Bitcoin proceeds from a $6…

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India's Financial Intelligence Unit (FIU) has registered Binance and KuCoin, months after banning the cryptocurrency exchanges from operating illegally, Coindesk reported. While KuCoin paid a $41,000 fine and resumed operations,…

The US Department of Justice (DoJ) has arrested Maximilien de Hoop Cartier, the successor to the French luxury brand Cartier, on charges of money laundering using cryptocurrencies. On May 2 IndictmentThe accused has been accused of drug…

Blockchain analytics firm Elliptic said its researchers have made progress in leveraging artificial intelligence (AI) to detect money laundering in Bitcoin. A recent paper detailing this research was co-authored by…

Alexander Vinnik, co-founder of the now-defunct cryptocurrency exchange BTC-e, has admitted to conspiracy to launder money, marking a significant development in a long-running legal saga. Vinik's guilty plea comes in the wake of a…

Image from the internet The cryptocurrency industry, already under scrutiny for money laundering and other illegal activities, is facing renewed attention in the Alexander Vinnik case. The Russian national has pleaded guilty to a massive…

In a significant development, Keonne Rodriguez and William Lonergan Hill, founders and CEO of privacy-focused Bitcoin wallet and mixer, Samourai Wallet, have been arrested and charged with money laundering and running an unlicensed money…

Following his arrest nearly three years ago, a Jury in a US federal district court found Roman Sterlingov, operator of the crypto mixer Bitcoin Fog, guilty of a four-count charge regarding money laundering. The founder of…