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Nalezeno "money-laundering": 514

Binance Collaborates with Taiwan to Resolve Multi-Million Crypto-Assisted Money Laundering Case

17.5.2024
Binance has teamed up with Taiwan's authorities to solve a significant case involving cryptocurrency-assisted money laundering. The post Binance Collaborates with Taiwan to Resolve Multi-Million Crypto-Assisted Money Laundering Case appeared first on Cryptonews

'Crypto King' Aiden Pleterski faces fraud, money laundering charges

16.5.2024
Pleterski and an associate were arrested months after multiple investor complaints and months of police investigation

U.S. Treasury Says It Wants to Better Money Laundering Regulations Around Crypto, Other Illicit Finance

16.5.2024
The U.S. Treasury Department wants to continue beefing up anti-money laundering and counter-terrorist financing efforts around digital assets, as part of its broader strategy to tamp down on illicit financing

Tornado Cash Developer Appeals Money Laundering Conviction, Seeks Overturning Verdict

16.5.2024
Alexey Pertsev, the developer behind Tornado Cash, has lodged an appeal with the s-Hertogenbosch court of appeal after being found guilty of money laundering. The post Tornado Cash Developer Appeals Money Laundering Conviction, Seeks Overturning Verdict appeared first on Cryptonews

Russian Teens Arrested for ‘Crypto-powered Money Laundering’ – Report

16.5.2024
Two Russian teenagers have been arrested in a crackdown on a suspected crypto-powered “money laundering” ring, a police source claimed on May 14. The post Russian Teens Arrested for ‘Crypto-powered Money Laundering’ – Report appeared first on Cryptonews

Tornado Cash developer sentenced to 64 months for money laundering

15.5.2024
The Dutch court has pronounced Alexey Pertsev guilty of money laundering, with a sentence of a 64-month-long jail term passed. It was a three-judge bench that passed the verdict pertaining to the Tornado Cash builder for money laundering, amounting to $2.2 billion in unlawful assets. There is...

Tornado Cash Developer Alexey Pertsev Sentenced to 64 Months for Money Laundering

14.5.2024
A Dutch court has sentenced Tornado Cash developer Alexey Pertsev to five years and four months in prison for laundering $2.2 billion through the cryptocurrency mixing service. The case represents a pivotal moment for decentralized finance (defi) regulation and crypto privacy. Dutch Court Imprisons...

Guilty Verdict: Tornado Cash Developer Alexey Pertsev Found Guilty in Money Laundering Case

14.5.2024
Alexey Pertsev, the developer behind Tornado Cash, has been convicted of money laundering by a Dutch judge at the s-Hertogenbosch court. The post Guilty Verdict: Tornado Cash Developer Alexey Pertsev Found Guilty in Money Laundering Case appeared first on Cryptonews

Tornado Cash Developer Alexey Pertsev Sentenced to 64 Months in Prison by Dutch Court

14.5.2024
Alexey Pertsev was found guilty of money laundering $1.2 billion worth of crypto

Chinese Police Arrest Six Suspects in $300 Million Cryptocurrency Money Laundering Case

13.5.2024
The Public Security Bureau of Panshi City in Jilin Province has cracked down on an illegal operation involving underground banks and virtual currencies. The post Chinese Police Arrest Six Suspects in $300 Million Cryptocurrency Money Laundering Case appeared first on Cryptonews

Binance and KuCoin Granted Approval by India’s Anti-Money Laundering Unit

10.5.2024
Binance and KuCoin have received approval from India's anti-money laundering unit after the two exchanges were banned for operating illegally within the country. The post Binance and KuCoin Granted Approval by India’s Anti-Money Laundering Unit appeared first on Cryptonews

Binance Fined Over $4 Million in Canada for Money Laundering Violations

10.5.2024
Canada’s Financial Transactions and Reports Analysis Centre (FINTRAC) has imposed a fine of C$6 million on crypto exchange Binance for failing to comply with anti-money laundering and terrorist financing laws. This penalty, equivalent to approximately $4.4 million, was levied after Binance...

Digitex Founder Pleads Guilty to Failure in Anti-Money Laundering Program Implementation

8.5.2024
The U.S. Attorney’s Office for the Southern District of Florida said Todd pleaded guilty to “willfully causing” Digitex to violate the Bank Secrecy Act. The post Digitex Founder Pleads Guilty to Failure in Anti-Money Laundering Program Implementation appeared first on Cryptonews

Crypto Mixers Targeted in U.S. House Democrats' Effort to 'Clamp Down' on Money Laundering

7.5.2024
Several Democrats on the House Financial Services Committee have a bill coming this week to target money laundering through cryptocurrency mixing services, said Rep. Sean Casten (D-Ill.), one of its backers

Four months in prison for CZ, another US state kicks out Binance.US: Law Decoded

6.5.2024
While Changpeng “CZ” Zhao received a surprisingly moderate jail term, Oregon has become the sixth state to revoke, suspend or decline to renew Binance.US’ license

Nigerian Court Postpones Binance, Tigran Gambaryan Money Laundering Trial to May 17

6.5.2024
A Nigerian court recently adjourned the trial of Binance and its executive, Tigran Gambaryan, to May 17. The adjournment came after the cryptocurrency exchange’s attorney stated that he had not received the necessary documents to prepare a defense. However, Nigerian authorities reportedly provided...

BTC-e Operator Alexander Vinnik Pleads Guilty to Money Laundering Charges

4.5.2024
According to a press release from the U.S. Department of Justice, Alexander Vinnik, a former operator of the BTC-e exchange, has admitted to a conspiracy to launder money. This admission of guilt comes over six years following his arrest in Greece on July 25, 2017. BTC-e’s Vinnik Pleads...