Binance and Ukraine Capture Cyber Criminals Laundering $42M
The world’s largest exchange keeps deepening its cooperation with law enforcement. Go to Source Powered by WPeMatico
Money Laundering
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Russia’s New Crypto Analytics System to Track Dash and Monero
Dubbed “Transparent Blockchain,” Russia’s new crypto analytics system is designed to fight illicit activity related to crypto. Go to Source Powered by WPeMatico
OneCoin Co-Founder Escapes 90-Year Jail Term Following Court Settlement
Konstantin Ignatov is probably breathing a sigh of relief today. Go to Source Powered by WPeMatico
Russia’s Central Bank Keeps Insisting That Crypto Is ‘Criminal’
Russia’s central bank argues that crypto purchases are not considered an investment. Go to Source Powered by WPeMatico
Us Federal Court Ruling — Bitcoin Is a Form of Money
A US Federal Court said Friday that bitcoin is a form of money covered under the Washington D.C., Money Transmitters Act (MTA). The court made this conclusion as it denied a motion to dismiss criminal charges against Larry Dean Harmon, the operator of an underground bitcoin trading platform. In December 2019, a federal grand jury … Read more
Why Did LocalBitcoins Give Up Their Users’ Privacy?
LocalBitcoins COO Elena Tonoyan explains how the oldest peer-to-peer Bitcoin exchange is fighting against criminal activity on its platform. Go to Source Powered by WPeMatico
New Zealand Police Seize $91 Million From Russian Bitcoin Exchange Operator
Police in New Zealand confiscated NZ$140 million ($91 million) from Russian bitcoin exchange operator Alexander Vinnik. Vinnik is the alleged owner of the collapsed BTC-e exchange. The funds were seized from bank accounts held by Canton Business Corporation, a New Zealand-registered company managing the exchange. Police said on Monday it is the biggest seizure in … Read more
NZ Authorities Seize $90M From Alleged Bitcoin Launderer Alexander Vinnik
The New Zealand police have recovered $90 million in assets reportedly belonging to the alleged $4 billion launderer Alexander Vinnik. Go to Source Powered by WPeMatico
Estonia Revokes 500 Crypto Firms’ Licenses After $220 Billion Money Laundering Scandal
Estonia has canceled 500 cryptocurrency firms’ licenses, about 30% of the total, as part of a crackdown on illicit financial flows following a $220 billion money-laundering scandal involving Danske Bank. Regulators are concerned that bitcoin exchanges and other crypto companies might be liable to using their platforms to facilitate illegal transfers, Bloomberg reported. Madis Reimand, … Read more
Third Ether Transaction With Huge Fee Suggests a New Player Has Joined The Party
A third transaction with a transaction fee worth thousands of Ether has confirmed as experts suggest foul play again. Go to Source Powered by WPeMatico