Binance Money Laundering Trial in Nigeria Pushed to June 20 Due to Executive’s Illness
Binance’s head of financial crimes compliance Tigran Gambaryan is seriously ill, his lawyers said.
Money Laundering
Crypto Community Voices Outrage at Tornado Cash Developer Verdict
Alexey Pertsev, a developer of Tornado Cash, was sentenced to 64 months in prison for money laundering.
Tornado Cash Developer Alexey Pertsev Appeals Guilty Verdict
Pertsev was found guilty of money laundering on Tuesday by a Dutch judge.
Crypto Mixers Targeted in U.S. House Democrats’ Effort to ‘Clamp Down’ on Money Laundering
Several Democrats on the House Financial Services Committee have a bill coming this week to target money laundering through cryptocurrency mixing services, said Rep. Sean Casten (D-Ill.), one of its backers.
Blockchain Sleuth Elliptic Explores AI and Anti-Money Laundering Using 200M Bitcoin Transactions
Patterns of illicit activity involving groups of bitcoin nodes and chains of transactions are described in a research paper by Elliptic and MIT-IBM Watson AI Lab.
Jebara Igbara, AKA ‘Jay Mazini,’ Sentenced to 7 Years in Prison for Crypto-Related Fraud
Igbara perpetrated multiple fraud schemes and scammed investors of at least $8 million.
EU Lawmakers Vote for Three Major Texts in Anti-Money Laundering Package That Also Targets Crypto
The broad package sets up an anti-money laundering authority, a single rulebook for all 27 member states, and tough rules for crypto service providers.
Senator Warren Hits Out at Crypto Again, Says Industry Needs to Follow the Same Rules as TradFi
Warren reiterated her disdain for the industry in an interview.
Crypto Money Laundering Dropped 30% Last Year, Chainalysis Says
Illicit addresses sent $22.2 billion in cryptocurrency to services in 2023, a decrease from $31.5 billion in 2022, and centralized exchanges remain the primary destination.
Man Behind Defunct BTC-e Exchange Once Popular with Criminals Faces U.S. Charges
One of the men behind BTC-e, a now-defunct crypto exchange once popular with cybercriminals and money launderers, has been arrested and charged in the U.S., the Department of Justice (DOJ) said Thursday.