Alexander Vinnik, the alleged owner and operator of the infamous cryptocurrency exchange BTC-e, has been found not eligible for release on bail in the United
Tag: Money Laundering
Hong Kong to Introduce Licensing for Crypto Platforms Through AML Law
New legislation tailored to regulate the crypto space in Hong Kong aims to implement a licensing regime for crypto service providers. The respective changes to
Report: Nigerian Fintech Giant Flutterwave Accused of Laundering Money, More Than 50 Bank Accounts Frozen
A Kenyan agency charged with tracing and freezing proceeds of crime said it recently obtained an order giving it the authority to freeze bank accounts
Argentinian Regulator to Propose Anti-Money Laundering Measures for Crypto Firms
The Argentinian anti-money laundering regulator is reportedly working to force cryptocurrency firms to report their movements and take AML measures on Argentinian soil. The regulation
Report: Israel Defense Ministry Seized Crypto Wallets Holding Hamas-Destined Funds
Israel’s Defense Ministry seized cryptocurrency wallets holding funds that were destined for Hamas, a report has said. The wallets belonged to businesses that are associated
EU Members Want to Task New AML Watchdog With Crypto Oversight, Report Unveils
A group of EU nations have reportedly been lobbying to entrust oversight of the crypto space to a new anti-money laundering (AML) agency. Behind the
Spanish Civil Guard Busts Organization Dedicated to Laundering Money With Crypto
The Spanish Civil Guard has broken up a group that used cryptocurrencies as a tool to launder money. The organization, that operated in Madrid, supposedly
Crypto Users and Exchanges Must Now Report Transactions in Colombia
The Colombian government has issued new regulations that force exchanges and individuals to report cryptocurrency transactions to the UIAF, the anti-money laundering watchdog in Colombia.
Central Bank of Ecuador Might Regulate Cryptocurrencies This Year
The Central Bank of Ecuador is planning to issue cryptocurrency-specific regulation later this year. According to statements from Guillermo Avellan, the manager of the Central
Investors in Collapsed South African Crypto Platform Push for Jailing of Africrypt Directors
A group of investors in Africrypt are reportedly pushing to have criminal charges pressed against directors of the now-defunct cryptocurrency investment platform. Opponents of the
US ‘Kidnapped’ Russian Crypto Businessman Denis Dubnikov, Lawyer Says
U.S. law enforcement agents have “kidnapped” crypto entrepreneur Denis Dubnikov in Mexico, before transferring him to the Netherlands where he was arrested, his lawyer told
Dapper Labs Partners With Chainalysis to Curb NFT-Based Money Laundering
Dapper Labs, one of the most successful companies in the NFT space, has partnered with Chainalysis, a blockchain intelligence company, to increase its compliance profile
