money laundering
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Blockchain News
Blockchain News

Breaking: Binance May Face Investigation in the $134 Million Money Laundering Case in India

Binance crypto exchange’s legal trouble has extended to India now. The world’s largest crypto exchange is under the scanner of the Indian anti-money laundering agency Enforcement Directorate (ED) for its role in the $134 million money laundering case, as per a report in Bloomberg. The ED is currently investigating a money-laundering racket operated through Chinese

Binance crypto exchange’s legal trouble has extended to India now. The world’s largest crypto exchange is under the scanner of the Indian anti-money laundering agency Enforcement Directorate (ED) for its role in the $134 million money laundering case, as per a report in Bloomberg. The ED is currently investigating a money-laundering racket operated through Chinese

News
News

Crypto Scam: Hong Kong Authorities Bust HK$1.2 Billion Crypto Laundering, Arrests Four

In a recent bust of a money laundering case involving cryptocurrencies, Hong Kong authorities have arrested four people. Reportedly, the suspects have laundered a massive HK$1.2 billion ($150 million) funneled through bank accounts in Singapore over the last 15 months. Taking note of this, the Hong Kong Customs had launched operation “Coin Breaker” last week

In a recent bust of a money laundering case involving cryptocurrencies, Hong Kong authorities have arrested four people. Reportedly, the suspects have laundered a massive HK$1.2 billion ($150 million) funneled through bank accounts in Singapore over the last 15 months. Taking note of this, the Hong Kong Customs had launched operation “Coin Breaker” last week

News
News

Just-In: Korean Regulators Extend AML Guidelines for Foreign Crypto Exchanges

South Korean regulators continue to impose strict regulatory policies around the crypto space. Financial Services Commission (FSC), the top regulatory body in the country is now targeting foreign crypto exchanges using the national Korean Fiat. The chief regulator said any foreign exchange serving Korean customers must register with the country’s anti-money laundering body. The comments

South Korean regulators continue to impose strict regulatory policies around the crypto space. Financial Services Commission (FSC), the top regulatory body in the country is now targeting foreign crypto exchanges using the national Korean Fiat. The chief regulator said any foreign exchange serving Korean customers must register with the country’s anti-money laundering body. The comments

crime
Bitcoin News
crime
Bitcoin News

UPDATE: Irish Police Can’t Access $60 Million In Bitcoin Confiscated From Drug Dealer

An Irish drug dealer who was arrested with money laundering charges earlier in the week believed to hold over 6000 in Bitcoins (BTC), says he lost the codes to the wallets holding the cryptocurrency. This makes it almost impossible for the Criminal Assets Bureau (CAB) to access the ~$60 million USD worth of BTC in

An Irish drug dealer who was arrested with money laundering charges earlier in the week believed to hold over 6000 in Bitcoins (BTC), says he lost the codes to the wallets holding the cryptocurrency. This makes it almost impossible for the Criminal Assets Bureau (CAB) to access the ~$60 million USD worth of BTC in

Bitcoin
Regulation News
Bitcoin
Regulation News

Bitcoin Scam: Man Charged For Owning “Mixing Website” That Laundered Over $300 Million In BTC

In local reports emerging from the authorities in Cleveland, Ohio, a man was charged with founding a platform that was used to launder over 350,000 Bitcoin (BTC) during its operation. Larry Dean Harmon faces a lengthy period in jail as the prosecutors claim the defendant founded a Bitcoin “mixing” operation called Helix, which integrated with

In local reports emerging from the authorities in Cleveland, Ohio, a man was charged with founding a platform that was used to launder over 350,000 Bitcoin (BTC) during its operation. Larry Dean Harmon faces a lengthy period in jail as the prosecutors claim the defendant founded a Bitcoin “mixing” operation called Helix, which integrated with

bitcoin atm
Uncategorized
bitcoin atm
Uncategorized

Bitcoin and Crypto ATMs Will Now Require a License in this U.S. State

Cryptocurrency ATMs in Nevada will now require a license from the Nevada Financial Institutions Division (NFID). As the state lawmakers failed to enact laws on regulating these units. The NFID has taken it upon itself to control the space. Teri Williams, a spokesperson on the issue, told the media, “Any entity that facilitates the transmission

Cryptocurrency ATMs in Nevada will now require a license from the Nevada Financial Institutions Division (NFID). As the state lawmakers failed to enact laws on regulating these units. The NFID has taken it upon itself to control the space. Teri Williams, a spokesperson on the issue, told the media, “Any entity that facilitates the transmission

South Korea
Altcoin News
South Korea
Altcoin News

South Korean Top Exchanges Join Hands To Fight The Money Laundering Evil

A lot of regulators have had a blind eye towards cryptocurrencies because of its semi-anonymous and decentralized nature which is often used by people to launder monies. Understanding this money laundering evil that is halting regulations in favor of cryptos, four major cryptocurrency exchanges in South Korea have joined hands to tackle this menace. Exchanges setup

A lot of regulators have had a blind eye towards cryptocurrencies because of its semi-anonymous and decentralized nature which is often used by people to launder monies. Understanding this money laundering evil that is halting regulations in favor of cryptos, four major cryptocurrency exchanges in South Korea have joined hands to tackle this menace. Exchanges setup

crypto exchange
Bitcoin News
crypto exchange
Bitcoin News

Research Reveals 75% of Crypto Exchange Lack Sufficient Customer Background Check

Crypto exchanges have always been blamed to not verify identities of investors using their platforms and services. A lot of governments have laid a ban on these crypto exchange under the pretext that they are institutions that black money holders use to hide their money. A recent research conducted by P.A.ID Strategies has revealed that

Crypto exchanges have always been blamed to not verify identities of investors using their platforms and services. A lot of governments have laid a ban on these crypto exchange under the pretext that they are institutions that black money holders use to hide their money. A recent research conducted by P.A.ID Strategies has revealed that

bitfinex money laundering
Bitcoin News
bitfinex money laundering
Bitcoin News

Bitfinex Accused Of Fraud, Denies Money Laundering Allegations

  One of the largest cryptocurrency exchanges, Bitfinex has been accused of being involved in money laundering scheme. The exchange conducted an internal investigation and concluded the allegations to be “untrue and unfounded”. Bitfinex conducts the internal investigation to put the accusations at rest A few days back, the cryptocurrency exchange Bitfinex was involved in

  One of the largest cryptocurrency exchanges, Bitfinex has been accused of being involved in money laundering scheme. The exchange conducted an internal investigation and concluded the allegations to be “untrue and unfounded”. Bitfinex conducts the internal investigation to put the accusations at rest A few days back, the cryptocurrency exchange Bitfinex was involved in