illicit finance
Crypto Offers Answer to Money Laundering Crisis: Global Alert Network Called 'Beacon'
An industry-wide project led by TRM Labs is officially going live, and includes law enforcement and the major exchanges such as Coinbase and Binance.
Telegram Bans $35B Scam Marketplace. Only to See Illicit Crypto Trades Surge Elsewhere
While Telegram banned Huione and Xinbi Guarantee channels amid pressure from blockchain intelligence firms and U.S. regulators, the broader ecosystem is beginning to bounce back.
U.S. Seizes Darknet, Internet Domains, Crypto Funds Tied to Illegal Trading in Credit Card Data
The BidenCash marketplace was used to buy and sell stolen credit cards as well as related personal information.
Crypto Bill to Combat Illicit Activity Gets New Push After Passing U.S. House in 2024
The House of Representatives legislation would set up a government group across the Treasury, Justice Department and Secret Service to head off bad actors.
U.S. Treasury Says It Wants to Better Money Laundering Regulations Around Crypto, Other Illicit Finance
The Department released its 2024 strategy for addressing illicit financing on Thursday.
Tether Enters Transaction Surveillance Partnership with Chainalysis as Regulatory Pressure Mounts
The monitoring system would help Tether identify risky crypto addresses that could be used for bypassing sanctions or illicit activities like terrorist financing, the company said.
Illicit Funds in Crypto Ecosystem Shrank 9% Last Year, Yet Criminals Still Handled Nearly $35B: TRM Labs
Almost half of all illicit crypto volume occurred on the TRON Blockchain, the report said.
UN Says Tether Plays Major Role in Illicit Activity in East Asia; Stablecoin Issuer Hits Back
Tether said it was "disappointed" that the report had singled out its stablecoin, USDT.
White Supremacists Lean On Crypto, Says Anti-Defamation League Report on Extremists
The report says white supremacist groups are drawn to crypto funding, but the amounts are relatively small, and it doesn't make a case that digital assets are paying for illegal activity.
Report Finds Less Illicit Crypto Activity in Nations With Full Licensing Regimes in 2023: TRM Labs
TRM Labs' analysis was published in a report Monday that reviewed 2023 global crypto policy in 21 jurisdictions which represent 70% of global crypto exposure.
