21-Year-Old Trader Prosecuted Over Bitcoin Money Laundering A cryptocurrency dealer is being prosecuted in the U.S. for allegedly committing 30 counts of money laundering involving bitcoin.… Read More
Arizona Bitcoin Trader Gets Jail Sentence for Money Laundering A former bitcoin trader from Arizona has been sentenced to 41 months in jail for laundering drugs money with crypto.… Read More
There’s a Bigger Scam Than Anything in Crypto, It’s Called KYC/AML Anti-money-laundering and know-your-customer practices have cost many billions more than all ICO scams put together – yet, what they have produced?… Read More
Russians Indicted for US Election Hacks Used Bitcoin to Fund Operations Twelve Russian officials indicted for hacking into Democratic National Committee email accounts allegedly used cryptocurrencies, the DOJ announced.… Read More
LocalBitcoins Trader ‘Bitcoin Maven’ Sentenced to Year in Prison A Los Angeles bitcoin trader was sentenced Monday to one year in federal prison.… Read More
Senator: Cryptos Pose ‘Host of Challenges’ for Congress DarkTower director Scott Dueweke said cryptocurrencies are “tailor made” for foreign powers hoping to influence American elections.… Read More
Japan’s Financial Watchdog Orders AML Shake-Up at 6 Crypto Exchanges Japan’s Financial Services Agency has issued business improvement orders to six licensed crypto exchanges operating in the country.… Read More
Money-Laundering Task Force Wants Binding Rules for Crypto Exchanges The Financial Action Task Force reportedly aims to develop compulsory rules for the world’s cryptocurrency exchanges.… Read More
Coinbase-Cryptsy Lawsuit Will Head to Jury Trial Coinbase has lost another appeal in a case brought by former customers of the defunct exchange Cryptsy, and the case will now proceed to a jury trial.… Read More
Taiwan Eyes November Deadline for Bitcoin AML Regulation Taiwan will formally regulate bitcoin under anti-money laundering rules by the end of the year, says its minister of justice.… Read More