Governments and regulatory bodies have raised concerns about privacy coins due to their potential for facilitating illicit activities, such as money laundering and tax evasion. Several countries ...

A recent report by Chainalysis highlights the growing challenge posed by sophisticated money laundering techniques ... such as mixers and privacy coins, add another layer of difficulty in tracing ...

The money-laundering groups, officials at the NCA say, frequently use the Tether stable coin (known as USDT), which has a $130 billion market cap and is reportedly being investigated by the US ...

Placement is the first stage of the three stages of money laundering. At this stage, criminals attempt to enter the ‘dirty’ money into the financial system. This process can be dangerous ...

TD Bank is the 10th-largest bank in the country – but for a while was the No. 1 choice for criminal organizations laundering drug money, according to federal prosecutors. The bank's $3 billion ...

the integration of anti-money laundering (AML) methodologies with artificial intelligence (AI) presents a reasonable approach to combating this challenge. Trade-based money laundering (TBML ...

They taught us their jargon. And most important, they gave us a cache of documents, a kind of money-laundering handbook, that describes their methods in detail. The trail eventually led us to a ...

According to a report by Chainalysis, sophisticated money laundering techniques are presenting a significant challenge for law enforcement agencies and cryptocurrency service providers.