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FinCEN Warns Financial Institutions of Crypto Kiosk Scams
5.8.2025
The regulator cited a growing number of scams involving crypto kiosks, including fake tech support and bank-related scams
FinCEN Targets Crypto Kiosks as Fraud Losses Detonate Across US Markets
5.8.2025
Crypto kiosks are fueling a new wave of fraud and cartel-driven laundering, prompting urgent calls for tighter controls across the U.S. financial system. FinCEN Sounds Alarm: Crypto Kiosks Now High-Risk Vectors for Money Laundering The U.S. Department of the Treasury’s Financial Crimes Enforcement...
Huione wallets moved $1B to crypto exchanges since FinCEN action
8.7.2025
Huione-linked wallets moved nearly $1 billion in USDT to CEXs since FinCEN imposed restrictions on US financial institutions interacting with the group
Huione wallets moved $1B to crypto exchanges since FinCEN action
8.7.2025
Huione-linked wallets moved nearly $1 billion in USDT to CEXs since FinCEN imposed restrictions on US financial institutions interacting with the group
Huione wallets moved $1B to crypto exchanges since FinCEN action
8.7.2025
Huione-linked wallets moved nearly $1 billion in USDT to CEXs since FinCEN imposed restrictions on US financial institutions interacting with the group
Samourai Wallet Files to Dismiss DOJ Case, Citing FinCEN Guidance
30.5.2025
The developers claim Samourai Wallet never handled user funds and should not be considered a financial institution
NY Prosecutors: FinCEN Opinion on Samourai Wallet 'Irrelevant’ in Roman Storm Case
21.5.2025
Storm’s lawyers asked the court to order prosecutors to turn over any potentially helpful evidence in their case against the developer
Feds deny late disclosure of evidence in Samourai Wallet case
12.5.2025
US federal prosecutors have rebutted claims they suppressed evidence in their case against the co-founders of the crypto mixing service Samourai Wallet, arguing their disclosure of a conversation with Treasury Department staff was made within the required timeframes. In a May 9 letter to...
Samourai Wallet Prosecutors Say Delayed FinCEN Disclosure Wasn’t a Brady Violation
9.5.2025
At most, the late disclosure impacts one of the two charges against Samourai Wallet’s co-founders, prosecutors said in their Friday letter to the judge
Defense Seeks Dismissal in Samourai Wallet Case After FinCEN Disclosure, DOJ Policy Shift
5.5.2025
The legal team for Samourai Wallet co-founders Keonne Rodriguez and William Hill has requested dismissal of criminal charges, citing newly disclosed FinCEN guidance that contradicted prosecutors’ claims and a recent Justice Department policy discouraging “regulation by prosecution” in the crypto...
Samourai Wallet’s Lawyers Say Prosecution Suppressed Critical Evidence, Call for Dismissal
5.5.2025
Before SDNY prosecutors filed charges in the case, FinCEN told them that Samourai Wallet didn’t meet the definition of a money transmitting business
U.S. Government Begins to Sever Cambodia's Huione Group from Financial System
2.5.2025
The Treasury Department's financial-crimes arm used its most potent safeguard to propose cutting off the organization as a money-laundering danger
Cato Institute Warns of Eroding Financial Privacy Rights Amid Fincen’s New Reporting Rules
18.3.2025
The Cato Institute has criticized the Financial Crimes Enforcement Network (FinCEN)’s decision to lower the threshold for currency transaction reports from $10,000 to $200 for US citizens living in 30 ZIP codes in California and Texas. New Level of Financial Surveillance The Cato Institute,...
US FinCEN Accuses TD Bank of Failing to Report $3B in Crypto Money Laundering
15.10.2024
The U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN) has accused TD Bank of failing to report suspicious…
Transak secures Alabama license, expands US crypto services
3.10.2024
The Alabama Money Transmitter License marks a major milestone in Transak’s US growth as it works toward full state-level coverage
US sanctions Russian crypto platforms for money laundering ties
26.9.2024
Two crypto exchanges and two individuals have been sanctioned for ties to underground finance
R.I.P. Unhosted Wallet Rule
23.8.2024
In 2020, the Financial Crimes Enforcement Network proposed imposing know-your-customer requirements on unhosted wallets, drawing immense backlash from the crypto industry. This week, the Treasury Department formally withdrew the proposal
US mulls applying fiat reporting mandate on crypto transfers
19.8.2024
The US Treasury and Federal Reserve plan to redefine “money” used under the Bank Secrecy Act, aiming to include cryptocurrencies and digital assets in new reporting requirements
Crypto Exchange Bitmex Pleads Guilty to Violating Bank Secrecy Act, AML Failures
13.7.2024
Crypto exchange Bitmex has pleaded guilty to violating the Bank Secrecy Act (BSA) by failing to maintain an adequate anti-money laundering (AML) program, resulting in the company being a vehicle for large-scale money laundering. The DOJ announced this plea following previous legal actions...
BitMEX expects ‘no further fines’ for ‘old’ AML violation in US
11.7.2024
BitMEX addresses the DOJ's BSA charge as a past issue, highlighting their compliance improvements and founders' prior penalties