BitMEX crypto exchange steps up AML and trade surveillance measures
New technology will help screen out bad actors, BitMEX says. Go to Source Powered by WPeMatico
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Law Decoded: New administration and the DoJ’s continued flex in crypto, Oct. 30–Nov. 6
With the election taking all the air out of the room, we look at what new appointments at the DoJ could mean. Go to Source Powered by WPeMatico
Brazilian gov’t gets help from US Justice Department to seize $24M in crypto
The government of Brazil requested assistance from US authorities regarding a crypto fraud scheme called “Operation Egypto.” Go to Source Powered by WPeMatico
Justice Department files antitrust lawsuit against Visa’s acquisition of Plaid
Monopolizing a market is legal in some instances, but not others. Go to Source Powered by WPeMatico
Justice Department seizes $1 billion in recently moved Silk Road crypto
The move follows widespread crackdowns by the DoJ on crypto. Go to Source Powered by WPeMatico
$200 Million Brazilian Crypto Fraud Scam: The US Seizes $24 Million Worth of Digital Currencies
The United States Department of Justice (DOJ) says it has seized cryptocurrencies worth $24 million after receiving an official request from the government of Brazil. The seizure stems from an ongoing investigation into the $200 million cryptocurrency scam that may have defrauded tens of thousands of Brazilians. The authorities in Brazil say the scammers duped … Read more
Law Decoded: How I learned to stop worrying and love the election, Oct. 23-30
The age-old question quis custodiet ipsos custodes crops up in force in today’s Law Decoded. Go to Source Powered by WPeMatico
Visa powers one more crypto card amid ongoing antitrust charges
U.S. regulator’s growing distrust in tech companies is not stopping them from extending their services into the crypto industry. Go to Source Powered by WPeMatico
How US authorities are using old AML tools to crack down on crypto
With new changes to the Travel Rule up for discussion and a bevy of new cases in the courts, it’s time to look at how U.S. AML law is shifting to cope with crypto. Go to Source Powered by WPeMatico
Cybercrime task force monitoring the global digital financial system
Regulators are addressing the growing threat of transnational cybercrimes in the financial industry. Go to Source Powered by WPeMatico