Money Laundering

$800 Bitcoin Buys $10,000 Cash on Dark Web, Turn-Key Money Laundering

Security researchers have identified a new trend of lucrative and illicit Bitcoin (BTC) to cash conversions in their analysis of…

Crypto, Cash and Drugs: Crypto Use Grows as Drug Trade Digitalizes

From speculation about its inherent value to theories about it being the payment method of choice for criminals, cryptocurrency is…

UN Official: Cryptocurrency Makes Criminals Harder to Catch

Neil Wals, chief of the United Nations Office on Drugs and Crime Global Cybercrime Program, warned that cryptocurrencies have made…

Chainalysis Executive: Transparency and Analytics Build Trust in Crypto

Jesse Spiro, global head of policy at blockchain analytics firm Chainalysis, has said that he believes that transparency builds trust…

DIY Bitcoin ATM Money Launderer Pleads Guilty

A man who created his own Bitcoin ATM has pleaded guilty of money laundering and related crimes. Kunal Kalra, a…

Chainalysis Rolls Out Real-Time Threat Detector for 15 Major Cryptos

Blockchain analytics firm Chainalysis has launched transaction alerts for suspicious exchanges of a range of cryptocurrencies. In a post published…

US Man Pleads Guilty to Running $25 Million Bitcoin Laundering Scheme

A Los Angeles man pleaded guilty to running a $25 million Bitcoin (BTC) money laundering scheme and sale of methamphetamine.…

Judge Rejects Multimillion Dollar Asset Plea in Crypto Fraud Case

A Supreme Court judge in British Columbia (BC), Canada, has denied a motion to set aside an asset freeze, which…

CoinGecko Joins AMLT Network to Combat Exchange Fraud, Scams, Hacks

Crypto market aggregator CoinGecko has joined the network of blockchain analytics and anti-money laundering (AML) company Coinfirm. This partnership will…

Big Banks Enabled Jeffrey Epstein’s Sex Trafficking Crimes

Unlike the unfounded narrative that cryptocurrency enables crime, big banks are more than happy to serve unsavory clients if it…

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