Money Laundering

OneCoin Co-Founder Pleads Guilty, Faces up to 90 Years in Jail

Konstantin Ignatov, co-founder of alleged crypto scam OneCoin, has pleaded guilty to participation in the multi-billion dollar fraud. According to…

Do Lawmakers Use AML as an Excuse to Centralize Crypto and Blockchain?

Cryptocurrencies came to life as a counterweight to the global financial restrictions that are powered by banks and regulators through…

Silk Road Seller Pleads Guilty to Money Laundering $19 Million With Bitcoin

A former narcotics trafficker pled guilty to charges that he laundered $19 million in profit through Silk Road. Prosecutors with…

North Korea Set Up a Blockchain Firm to Launder Cash: UN

North Korea has been using a Hong Kong-based blockchain company to launder money, according to a quarterly report from the…

Official: Binance Chain and BNB Will Be Traceable via CipherTrace

American blockchain security firm CipherTrace will provide Anti-Money Laundering (AML) controls for Binance Chain and its native asset Binance Coin…

Calibra Head David Marcus Touts Libra’s Money Laundering Standards

Calibra CEO David Marcus recently claimed that the Anti-Money Laundering (AML) standards of Libra — Facebook’s proposed stablecoin project —…

Crypto Capital Exec Indicted on Three Criminal Counts in NY Court

The United States Attorney for the Southern District of New York has indicted Crypto Capital executive Oz Yosef on three…

Head of Crypto Capital Arrested in Connection with Money Laundering

Ivan Manuel Molina Lee, the president of controversial Panama-based payments processor Crypto Capital tied to Bitfinex and other major cryptocurrency…

FATF Raises Money Laundering Concerns Over Libra and Stablecoins

Global monetary watchdog, the Financial Action Task Force (FATF), has added its voice to the growing chorus of concerns over…

BitShares DEX Gateway CryptoBridge Implements Mandatory KYC for Users

BitShares decentralized exchange gateway CryptoBridge announces mandatory user identity verification Source: Cointelegraph.com

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