Binance Faces Fine of $4.4 Million Fine in Canada for Violating These Laws
Binance has been fined by Canada's anti-money laundering agency for violating the country's anti money laundering laws. The largest crypto… Read More
money laundering
US Prosecutors Say KuCoin Used for $9 Billion in Suspect Crypto Trades
US prosecutors charged KuCoin, one of the world's largest cryptocurrency exchanges, and two of its founders for failing to comply… Read More
Crypto Purchase Via Credit Card May be Banned in South Korea, Here’s Why
South Korea, despite its relatively pro-crypto stance, is trying to regulate the ways its residents interact and engage with virtual… Read More
Cross-Chain Tools Have Been Used to Launder $4 Billion Stolen Crypto
At least $4 billion (roughly Rs. 32,600 crore) worth of illicit crypto-assets has been laundered via various “cross-chain” technologies, which… Read More
ED Removes Freeze on WazirX Bank Accounts Following August Inquest
India-based crypto trading platform WazirX has stated that the country's financial crime watchdog — the Directorate of Enforcement (ED), has… Read More
New Police Unit Formed in Australia to Tackle Money Laundering Via Crypto
Cryptocurrencies have often come into the limelight for becoming a tool for criminals who wish to engage in financial frauds.… Read More
ED’s WazirX Probe, Promoters’ Spat Said to Reveal ‘Dark Side of Crypto’
The ED probe into alleged money laundering by crypto exchange WazirX and the subsequent squabbling among its promoters has revealed… Read More
Vivo India Directors Said to Leave Country as ED Intensifies Probe
Vivo India directors Zhengshen Ou and Zhang Jie left the country as the Enforcement Directorate intensified its inquiry into the… Read More
New York Man Charged for Running ‘Cash-to-Bitcoin’ Money Laundering Scam
A "cash-to-Bitcoin" money laundering scheme has been busted by the Manhattan District Attorney's office. A New-York based individual was charged… Read More
Fiat Not Crypto is Still the Preferred Choice for Financial Crimes
Despite rising concerns about cryptocurrencies being rampantly used by criminal activities such as money laundering, fiat is still way ahead… Read More