Money Laundering

Not Just Crypto: AFP Raids Bust Currency Exchange Laundering Nearly $230M in Illegal Funds

AFP uncovered Long River syndicate, laundering $229 million through 12 establishments in Australia. 7 arrests were made in Melbourne.

7 months ago

Crypto Isn’t Primarily Responsible For Terrorist Financing, Says US Treasury Official

Though not a major terror issue today, the department’s deputy secretary says they intend to prevent crypto from becoming one.

7 months ago

BKEX Crypto Exchange Suspends Withdrawals on Suspicion of Money Laundering Activity

As part of its cooperation with the authorities, BKEX will halt withdrawals.

12 months ago

Binance Fires Back at Reuters Over Report About Confiscated Accounts Linked to Terrorism

Binance claimed that Reuters ignored "critical facts" to debunk the exchange.

1 year ago

Bitzlato Prepares to Resume Operations Following Shutdown by Authorities

The platform, accused of laundering money for Russian cybercrime syndicates, will be back online and start withdrawals soon, said the…

1 year ago

US DOJ Issues International Cryptocurrency Enforcement Action

The DOJ has arrested the founder of Bitzlato, a crypto exchange heavily involved in facilitating crypto crime.

1 year ago

IRS is Building Hundreds of Crypto Tax Evasion Cases

The IRS is dealing with a much higher portion of crypto tax cases than in the past, as opposed to…

2 years ago

Binance Joins Forces With Kazakhstan’s Regulators to Battle Local Financial Crime

As a result of the MoU, Binance and Kazakhstan's authorities will launch a joint mission to prevent the usage of…

2 years ago

China Cracks Down $5.6 Billion Crypto Money-Laundering Scheme (Report)

The Hengyang police arrested 93 individuals for using cryptocurrencies on money-laundering activities.

2 years ago

Law Enforcement Reclaims $30 Million From Axie Infinity Hack

Chainalysis has helped authorities reclaim stolen crypto from the Lazarus Group for the first time ever. 

2 years ago