Money Laundering – Page 29

EU Lawmakers Want to Create a New Regulator for Crypto ‘Blind Spots’

Alongside stablecoins and token-based fundraising, the EU parliament asserts that Bitcoin mining poses a money laundering risk

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Hyperbitcoinization: Visions of Bitcoin Fueling the Post Covid-19 Shadow Economy

Hyperbitcoinization: Visions of Bitcoin Fueling the Post Covid-19 Shadow Economy With the recent coronavirus spread and its overall effect on the global economy, some people believe the powers that be are preparing a financial reset. During these times, a number of bitcoiners think a bitcoin-induced form of fiat currency demonetization will take place, otherwise known as ‘hyperbitcoinization.’ However, a few speculators believe digital assets in […]

The post Hyperbitcoinization: Visions of Bitcoin Fueling the Post Covid-19 Shadow Economy appeared first on Bitcoin News.

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Major Swedish Bank Fined $386 Million for Hiding Money-Laundering Evidence

Major Swedish Bank Fined $386 Million USD for Hiding Money-Laundering Evidence Sweden’s Financial Supervisory Authority (FSA), ’Finansinspektionen’, has fined Swedbank a record sum of 4 billion Swedish krona ($386m) for breaching anti-money laundering regulations on a large scale. Around USD 6 billion had been funneled between suspected accounts.

The post Major Swedish Bank Fined $386 Million for Hiding Money-Laundering Evidence appeared first on Bitcoin News.

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FBI Arrests Russian Rapper For Crypto Money Laundering, Cites Damning Instagram

FBI arrests Russian rapper, for money laundering, citing his Instagram pics with allegedly unearned cash and data from defunct crypto exchange BTC-e

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‘Overwhelming Evidence’ – Prosecutors File Motion to Dismiss Alleged Onecoin Lawyer’s Appeal

While Onecoin’s crypto queen Ruja Ignatova remains at large, U.S. resident Mark Scott is trying to get his verdict acquitted after being accused of helping Onecoin leaders, including Ignatova, launder money and commit fraud. Also read: ‘What Bitcoin Did’ – Scanning the Hottest Cryptocurrency Keywords and Google Searches NYSD prosecutors Cite Strong Evidence Against Lawyer […]