Money Laundering
Alleged Tornado Developer Pertsev Must Stay In Jail, Dutch Judge Rules
Pertsev’s arrest for involvement in the now-sanctioned crypto mixer generated consternation in the Web3 community
Elliptic: Crypto Criminals Laundered $540M Through RenBridge
Blockchain analytics firm Elliptic said RenBridge, a cross-chain channel used to funnel money between different blockchains, was used to launder at least $540 million in crime-related crypto funds. “The Hash” hosts discuss the latest story revealing the potential risks of blockchain bridges and how this could shape the future crypto regulation.
BitMEX Executive Pleads Guilty to Violating US Anti-Money Laundering Program
A federal court in New York previously sentenced the firm’s co-founders to probation time and fines.
UAE Cracks Down on Crypto Real Estate Money Laundering
The government of the United Arab Emirates (UAE) stated on Monday that real estate agents will have to alert money laundering authorities of any property sales paid for in crypto. “The Hash” panel discusses what this means for crypto adoption and regulation in the UAE.
UAE to Clamp Down on Crypto Real Estate Money Laundering
The authorities want to trace payments made in bitcoin and ethereum as the country develops as a crypto hub.
Indian Government Probes Crypto Exchange WazirX Over Alleged Money Laundering, Freezes $8.14M
India’s Enforcement Directorate (ED) has raided properties related to Sameer Mhatre, a director of Mumbai-based trading platform WazirX. The government has frozen $8.14 million in funds, over alleged money laundering. “The Hash” panel discusses the investigation and its regulatory implications for India and beyond.
Binance’s KYC Cost Exchange ‘Billions in Revenue,’ Says Compliance Officer
Three leading members of Binance’s compliance team opened up to Reuters about what it takes to deal with fraud, money laundering, terrorist financing and bad press for the world’s largest crypto exchange. “The Hash” team unpacks the report and what it reveals about Binance behind the scenes.
Binance Investigations Officer: AML Cost Exchange ‘Billions in Revenue’
While venting to CoinDesk about unflattering Reuters coverage, the crypto exchange’s investigations team shared insights about the scale of illicit activity at Binance and its crime-fighting methods.
