Money Laundering
India's Crypto Businesses Handed Anti-Money Laundering Obligations for First Time
They will have to register with the Financial Intelligence Unit and voluntarily report suspicious activities.
Illicit Crypto Volumes Hit All-Time Highs: Chainalysis
The new "Crypto Crime Report" from blockchain analytics firm Chainalysis reveals that illicit crypto transaction volume increased for the second straight year, hitting an all-time high of nearly $21 billion. Chainalysis Director of Research Kim Grauer discusses crypto crime trends in 2023. Plus, fresh insights on crypto hacking activity and money laundering.
Tornado Cash Dev’s Criminal Case in Europe May Hinge on Laptop Access
Dutch prosecutors now have access to Alexey Pertsev’s computer and are using it to probe key details including governance and profit-making at the privacy service.
Tornado Cash Developer to Stay in Jail as Dutch Trial Continues
Alexey Pertsev was arrested in the Netherlands in August shortly after the U.S. sanctioned the crypto privacy tool.
Shuttered Crypto Exchange Bitzlato Says It Plans to Resume Operations: Report
The exchange has been charged by U.S. and European authorities with laundering $700 million in funds tied to Russian criminals.
South Korea to Start Tracking Crypto Transactions in Bid to Crack Down on Money Laundering
The country will start off using a third-party system while it develops its own software.
Crypto Exchange Bitzlato Converted Over $1B in Crime-Linked Assets, Europol Says
Several senior executives have been arrested in Spain, Europol announced, following founder Anatoly Legkodymov's arrest in Miami.
US Charges Crypto Exchange Bitzlato With Laundering $700M
Authorities have accused the little-known platform of laundering funds tied to illicit Russian finance and have arrested its founder.
Nexo Probed in Bulgaria for Alleged Money Laundering, Tax Violations
Crypto lender Nexo is being investigated by authorities in Bulgaria on suspicion of money laundering, tax offenses, banking without a license and computer fraud. "The Hash" panel discusses the authorities' evidence that a Nexo user has been officially declared a terrorist financer.
