Ryan Farace supposedly laundered $136 million in bitcoin while serving his drug-dealing sentence in federal prison.
Recent Money Laundering News
The popular Bitcoin derivatives exchange BitMEX has been removed from the High Risk Exchange category by Chainalysis.
The Met’s Economic Crime Command made the largest crypto seizure in the UK - $250 million worth of digital assets.
China continues its efforts in combating crypto fraud as local authorities arrested over 1,000 people on accusations of money laundering.
COMIT Network has released a beta version of their XMR-BTC swap tool on Monero’s mainnet.
The narrative that Bitcoin is primarily used by criminals weakens as Aussie banks have reportedly laundered $385M for drug cartels.
Janet Yellen, President Joe Biden’s U.S. Treasury Secretary nominee, seems to have balanced her statements about Bitcoin and crypto, after
Janet Yellen, Joe Biden's nominee for US Treasury Secretary, has expressed concerns over cryptocurrencies being used for illicit activities.
Privacy wallets were used to launder the funds stolen from the hacks on Twitter and Kucoin as their role continues