Laundering
-
Regulation
Elizabeth Warren Says Crypto Needs To Follow Anti-Money Laundering Laws, Citing New Government Report
US Senator Elizabeth Warren is once again calling for an anti-crypto crackdown amid a new government report suggesting that certain…
Read More » -
Regulation
UAE’s new anti-money laundering regulations incorporate FATF travel rule
The United Arab Emirates’ Financial Services Regulatory Authority (FSRA) has updated its Anti-Money Laundering (AML) and sanctions rules by adding…
Read More » -
Scams
DOJ Accuses Four US Residents of Laundering Money for $80,000,000 ‘Pig Butchering’ Crypto Investment Scam
Four alleged perpetrators of a massive crypto investment scam are facing potential jail time of up to 20 years following…
Read More » -
Regulation
Elizabeth Warren Expands Support for Digital Asset Anti-Money Laundering Crypto ‘Crackdown’ Bill
US Senator Elizabeth Warren has expanded support for her bill that aims to crack down on the use of digital…
Read More » -
Scams
U.S. Government Enacts Sanctions on Crypto Mixer Sinbad Under Allegations of Aiding North Korean Money Laundering
The U.S. government is sanctioning another crypto mixing protocol, accusing it of aiding North Korea in laundering hundreds of millions…
Read More » -
Regulation
U.S. Treasury sanctions Sinbad mixer, citing money laundering by North Korea’s Lazarus Group
The U.S. Treasury Department has sanctioned the cryptocurrency mixing service Sinbad.io (Sinbad) for its role in enabling money laundering by…
Read More » -
Regulation
Changpeng Zhao Will Step Down As Binance CEO, Admit to Violating Anti-Money Laundering Laws: Report
Binance founder Changpeng Zhao will reportedly step down as the crypto exchange’s CEO and admit to violating US anti-money laundering…
Read More » -
Scams
Compliance Official Pleads Guilty to Money Laundering Charges Over Role in Infamous OneCoin Crypto Scheme
A top-level OneCoin executive is pleading guilty to accusations arising from her alleged participation in the multi-level marketing (MLM) scam…
Read More » -
Regulation
U.S. Treasury targets crypto mixer transactions as new class of ‘primary money laundering concern’
What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected…
Read More » -
NFT
Mistake or money laundering? User pays $1.6 million for CrypToadz NFT
One of the CrypToadz non-fungible tokens (NFTs), whose average price doesn’t exceed $1000, was bought for an astonishing 1,055 Wrapped…
Read More »