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Tag: laundering

Upbit Dominates South Korea’s Crypto Market, Ranking Top 5 Globally: Report

Upbit, a cryptocurrency platform based in South Korea, is responsible for over 80% of the country’s trading activity and has become among the world’s...

DOJ Disputes Roman Storm’s Characterization of Tornado Cash Operations in New Filing

The DOJ charged Storm, alongside fellow developer Roman Semenov, with conspiring to commit money laundering, conspiring to operate an unlicensed money transmitter and conspiring...

About 87% of Crypto Millionaires Don’t Believe They May Lose Their Crypto Forever – The Daily Hodl

HodlX Guest Post  Submit Your Post   Cryptocurrencies have emerged as a pivotal conversation in the 21st century, and it comes as no surprise given their transformative...

Elizabeth Warren Claims Crypto Is the ‘Payment of Choice’ for Child Abuse Material – Decrypt

U.S. Senator Elizabeth Warren (D-Mass.) is again attacking cryptocurrency, this time linking the digital asset market to child sexual abuse material (CSAM).In a bipartisan...

Warren calls on DOJ, NHS to crackdown on crypto payments for child sexual abuse material

US Senators Elizabeth Warren (D-Mass.) and Bill Cassidy (R-La.) are urging US authorities to crack down on the use of crypto in the illegal trade...

Warren Flags Crypto Ties to Child Sexual Abuse in Letter to DOJ, Homeland Security

Cryptocurrency has become "the payment of choice for perpetrators of child sexual abuse and exploitation," the lawmakers noted, citing a February FinCEN Trend Analysis...

Major phishing-as-a-service platform disrupted – Week in security with Tony Anscombe

Video The investigation uncovered at least 40,000 phishing domains that were linked to...

First Mover Americas: Bitcoin Holds Stable as ETF Outflows Increase

The European Parliament voted to adopt a new package of laws tightening money laundering and terrorist financing measures across the EU. The laws target...

EU Parliament Adopts Anti-Money Laundering Rules Package, Also Policing Crypto

The new measures also seek to give people or entities with "legitimate interest," including journalists, media professionals, civil society organizations and other competent authorities,...

FBI warns US citizens against using ‘unregistered crypto money transmitting services’

The FBI advised US citizens against using unregistered crypto services to transmit assets on April 25.The agency’s warning stated that users should avoid crypto...

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