Money Laundering

Markets

This is the fifth round of a nationwide crackdown on money-laundering activities related to telecom fraud in China, dubbed “Operation Card Breaking.”

By David PanJun 9, 2021

Speaking at Consensus 2021, Carole House, National Security Council Director for Cybersecurity and Secure Digital Innovation, said the executive branch hasn't taken a position of banning or making virtual currency illegal, but it has said it has the same obligations as any other financial activity, including preventing terrorist financing and money laundering.

May 27, 2021

Policy

The feds arrested the alleged operator of bitcoin mixing service Bitcoin Fog last week. But where’d they get the information to indict him?

By Nikhilesh DeMay 4, 2021

U.S. officials have arrested the operator of bitcoin mixing service “Bitcoin Fog” on allegations of laundering nearly $336 million in bitcoin over 10 years. “The Hash” panel explains bitcoin mixing and the role of law enforcement in rooting out criminal crypto operations.

Apr 28, 2021

Markets

Roman Sterlingov faces three charges: unlicensed money transmission, money laundering and money laundering without a license.

By Nikhilesh DeApr 27, 2021

Policy

Tal Prihar admitted to taking bitcoin payments from darknet marketplaces in exchange for referral links.

By Danny NelsonMar 31, 2021

Finance

An exchange spokesperson said the new anti-money laundering regime would make it too tough to continue operating.

By Sebastian SinclairMar 23, 2021

Markets

According to the indictment, Sky Global sells encryption devices to criminal organizations to facilitate activities such as drug trafficking.

By Jamie CrawleyMar 19, 2021

Policy

The man was arrested in his car, where police found $1 million in cash, cocaine and electronic devices.

By Tanzeel AkhtarFeb 22, 2021

Markets

During a 28-month period, Hugo Mejia illegally exchanged millions of dollars in bitcoin while attempting to hide his activity.

By Sebastian SinclairFeb 1, 2021