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Tag: illegal transactions

Kremlin-Linked Cybercriminal Gets Nine-Year Prison Sentence

A Russian cybercriminal with suspected ties to President Vladimir Putin has been apprehended by law enforcement. Yesterday, the United States Department of Justice (DOJ)...

LocalBitcoins Credits Reduced Dark Web Transactions to New AML and KYC Requirements

LocalBitcoins decision to pivot into a more regulatory-compliant exchange was one of the company’s most significant moments. However, it’s also led to some...

Debunking Roadblocks on the Protocol Highway

Since cryptocurrencies burst onto the scene, we’ve seen both an advancement of innovation in the technical fields, as well as much resistance from...

Regulators Strip Licenses From Hundreds of Companies Operating Crypto Ventures in Europe

ADVERTISEMENT Regulators in Estonia have stripped 500 cryptocurrency licenses from firms operating in the country in a nationwide crackdown on the industry. The number...

Estonia Cancels 500 Crypto Licenses After $220 Billion Danske Scandal

500 crypto licenses have been canceled by Estonia’s financial authority following a $220 billion money-laundering scandal in the country involving Danske Bank. This represents...

Chainalysis to Add Investigative and Compliance Support for Zcash, Dash Privacy Tokens

Chainalysis, a platform that offers “cryptocurrency investigation and compliance solutions” to regulators and government agencies, has just announced investigation and compliance support for...

The Evolution of AML/KYC Regulations in Crypto

One of the primary goals of the cryptocurrency is to rehabilitate trust in the economy. However, the last couple of years have demonstrated...

KuCoin to Implement Chainalysis KYT for Enhanced Compliance and Security

The IDG-backed KuCoin crypto exchange platform has announced its partnership with blockchain analysis company Chainalysis to further enhance the platform’s compliance and security....

Most Wanted: US Authorities Place $5M Bounty On The Man Behind Venezuela’s Petro Cryptocurrency

The United States government has recently added a top Venezuelan official to its list of most-wanted fugitives while offering millions of dollars as...

Weekly Update #29: Binance, CoronaCoin, and JPEG

In today’s Weekly Update, we take a closer look at some interesting blockchain implementations which occurred over the last seven days. Like every Monday,...

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