money laundering
- Policies & Regulations
US Treasury and UAE Target North Korean Digital Assets Money Laundering Network
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has sanctioned two individuals and one entity linked…
Read More » - Government
U.S. and UK Disrupt Global Money Laundering Network Used by Russians
The U.S. and Britain announced on Wednesday that they had disrupted what they described as a global money laundering operation…
Read More » - Global News
Heartbreaking Video: Binance Exec Tigran Gambaryan Cries for Justice in Nigerian Detention
Tigran Gambaryan, a Binance executive detained in Nigeria since February, was seen limping into an Abuja courtroom on Monday after…
Read More » - Global News
WazirX Hackers Begin Laundering $230 Million Using Tornado Cash
The hackers who stole over $230 million from the Indian cryptocurrency exchange WazirX have started moving the stolen funds through…
Read More » - Global News
Woman Sentenced for Laundering Bitcoin in UK in $6.4B Chinese Fraud Case
A woman accused of converting Bitcoin into cash and property to conceal the proceeds of a £5 billion ($6.4 billion)…
Read More » - Government
UN Monitors Uncover North Korea’s $147.5M Cryptocurrency Laundering
In March, North Korea funneled $147.5 million through the virtual currency platform Tornado Cash, following the theft of the same…
Read More » - MENA News
Awaiting the Outcome of the FATF Meeting: UAE Nears Exit from Grey List
It is now expected that the Financial Action Task Force (FATF) will announce, at the end of its annual meeting,…
Read More » - Global News
U.S. Government to Sell $130 Million Bitcoin Seized in Silk Road Case
The United States government’s intention to auction off nearly $118 million worth of seized Silk Road Bitcoin (BTC) has surfaced…
Read More » - Companies
UN Scrutiny of Tether Unveils Cryptocurrency Challenges Amidst Comparisons to Traditional Banking and Cash Economies
In a recent Financial Times article, concerns raised by the UN about Tether, the leading stablecoin, have drawn attention to…
Read More » - Global News
PayPal Breaks New Ground with FCA Registration for Cryptocurrency Services in the UK
Payment giant PayPal has achieved a significant milestone by gaining registration with the UK’s Financial Conduct Authority (FCA) as a…
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