laundering

Crypto exchange, Binance has played a massive part in solving a major crypto-assisted money laundering case in Taiwan involving nearly NT$200million (approximately US$6million).The crypto exchange’s Financial Crimes Compliance (FCC)…

A report from United Nations sanctions monitors reveals that North Korea allegedly laundered $147.5 million stolen from a cryptocurrency exchange through the Tornado Cash platform in March. This laundering activity is just another case…

Blockchain analytics company Elliptic said that its researchers have made progress in leveraging artificial intelligence (AI) to detect money laundering in Bitcoin. A recent paper detailing this research was…

Alexander Vinnik, a Russian national who operated the crypto exchange BTC-e, pled guilty to charges of money laundering conspiracy in the US on May 3, according to a Bloomberg report.BTC-e was one of the world’s largest crypto exchanges…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.A British-Chinese woman has gone on trial for laundering bitcoin derived from a £5bn fraud in China committed by…

Aliaksandr Klimenka, a central figure in the dismantled BTC-e cryptocurrency exchange, has been apprehended and indicted by U.S. authorities for his supposed role in several illegal activities.What Happened: The Department of Justice…