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 ...

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

Crypto companies mounted one of the biggest influence-purchasing campaigns in American history in 2024. This week, a handful ...

SEC Commissioner Hester Peirce said investors shouldn’t expect protection when it comes to meme coins as the agency pulls ...

FCA Investigates Tik-Tok Coins Over Money Laundering Concerns Yuta Kobayashi ... Tracking Monero was a major challenge ...

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 ...

Cryptocurrencies, online game coins and tipping during live streaming would be considered money laundering in China, according to the highest judicial bodies, marking the first instance of Beijing ...

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 ...

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 ...

The company as well as its CEO and founder, Canadian national Changpeng Zhao, agreed they broke the law by failing to maintain an effective anti-money laundering program, according to the department.

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 ...