Browsing: Laundering
The Bitcoin platform Paxful has admitted guilt to a three-count criminal information, stating in court that it facilitated the movement…
A Brazilian federal court has sentenced 14 individuals to prison for laundering over 508 million reais ($95 million) linked to…
Crypto Company Xeltox Hit with Unprecedented C$177M Fine by Canadian Anti-Money Laundering Regulator
Xeltox/Cryptomus penalized C$177M for neglecting over 1,000 suspicious crypto transactions. Infringements included child exploitation, fraud, ransomware, and violations of sanctions.…
Perspective by: Debanjan Chatterjee, financial analystThe stablecoin sector’s direction is largely shaped by opposing groups debating its potential criminal applications.…
Perspective by: Debanjan Chatterjee, financial analystThe path of the stablecoin sector is significantly shaped by opposing groups debating potential criminal…
Authorities in Thailand have apprehended a South Korean individual suspected of laundering over $50 million in illicit cryptocurrency by converting…
Update, Aug. 22, 12:54 pm UTC: This article has been revised to incorporate CoinW exchange’s response to the indictment.Taiwanese authorities…
Thai officials have detained a South Korean individual charged with aiding a call center gang in laundering cryptocurrencies into gold…
Thai authorities have detained a South Korean man accused of assisting a call center gang in laundering cryptocurrencies into gold…
Update, Aug. 22, 12:54 pm UTC: This article has been revised to include CoinW exchange’s statement regarding the indictment.Taiwanese prosecutors…