Tags: Money Laundering

Regulators say Paxos failed to monitor Binance effectively, allowing $1.6B in criminal-linked transactions to pass through the platform.

Samourai Wallet co-founders change pleas in $100M laundering case, risking 25 years as DOJ targets crypto privacy tools.

Prosecutors charged Carl Erik Rinsch with wire fraud and money laundering for allegedly diverting $11M from Netflix to crypto and luxury.

Nemesis’ $30M drug trade included fentanyl, fake IDs, and hacking services, with Russian-language platforms dominating 97% of darknet sales.

Bybit CEO Ben Zhou said 83% of stolen funds were converted to Bitcoin and spread across 7,000 wallets, with 20% untraceable and 3% frozen.

The exchange comes amid strained U.S.-Russia relations over Ukraine, highlighting the complexities of high-profile prisoner swaps.

Justin Sun admits criminals exploit blockchain’s speed and borderless nature but says Tron’s transparency makes laundering harder.

Panzera faces a minimum of 10 years in prison, with possible life imprisonment for drug trafficking and 20 more years for money laundering.

The AML rules were initially set to take effect early next year, but recent breaches have prompted the FSC to expedite its implementation.

The teenager allegedly styled himself a crypto expert to draw the terror group’s attention, helping it raise $1,300 in the process.

Pilipis amassed over 10,000 BTC through AurumXchange fees, valued at $1.2 million at the time, while bypassing federal regulations.