Money Laundering

london-resident-holding-$2,500,000,000-in-bitcoin-convicted-on-money-laundering-charges:-report
Posted by | March 25, 2024
London Resident Holding $2,500,000,000 in Bitcoin Convicted on Money Laundering Charges: Report

A woman who converted Bitcoin ( BTC ) into luxury houses and jewelry has reportedly been found guilty of engaging in a money laundering arrangement . BBC reports that Jian...

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crypto-money-laundering-dropped-30%-last-year,-chainalysis-says
Posted by | February 15, 2024
Crypto Money Laundering Dropped 30% Last Year, Chainalysis Says

Last year saw an increase in the use of blockchain bridges and drop in the use of crypto mixers for money laundering. The change shows how sophisticated illicit actors are...

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Posted by | January 30, 2024
Woman Who Allegedly Tried To Launder $6,500,000,000 in Bitcoin (BTC) on Trial in London: Report

A Chinese national is reportedly being put on trial in the UK over an alleged $6.5 billion fraud involving Bitcoin (BTC). According to a new Reuters report, the accused converted BTC...

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Posted by | January 16, 2024
UN Says Tether (USDT) Method of Choice for Money Launderers and Fraudsters Operating in South-East Asia

Top stablecoin USDT is the method of choice for money launderers and fraudsters in East and Southeast Asia, according to the United Nations Office on Drugs and Crime (UNODC). The...

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Posted by | December 28, 2023
Crypto for Advisors: Bitcoin Myth Busting

Welcome to the last Crypto for Advisors newsletter for 2023. Thank you to all the contributors who have shared their knowledge and guidance for advisors this year. We end the...

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Posted by | December 15, 2023
Watchdog group doubles down on Circle-Tron money laundering claims

The Campaign for Accountability released a new open letter criticizing Circle’s Cross Chain Transfer Protocol. 695 Total views 9 Total shares Nonprofit ethics group Campaign for Accountability (CfA) has doubled...

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Posted by | December 6, 2023
Crypto is for criminals? JPMorgan has been fined $39B and has its own token

JPMorgan CEO Jamie Dimon is being hauled over the hot coals on crypto X (Twitter) after claiming Bitcoin (BTC) and cryptocurrency's “only true use case” is to facilitate crime. “The...

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Posted by | November 26, 2023
Former Binance CEO Changpeng Zhao Disputes US Government’s Move To Reverse Bail Conditions

The former chief executive of Binance, the world’s largest crypto exchange platform by volume, is challenging the US government’s motion to reverse his bail conditions. In a new court filing,...

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Posted by | November 25, 2023
Binance onboarded millions into finance but forgot the paperwork — Columbia professor

Binance settlement highlights banks’ and crypto firms’ ambiguous treatment, says Columbia Business School adjunct professor Omid Malekan. 1905 Total views 14 Total shares Recent events surrounding the crypto exchange Binance...

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Posted by | November 24, 2023
Coinbase’s Bitcoin Reserves Skyrocket by Over $450,000,000 As Binance BTC Holdings Plunge: On-Chain Data

New on-chain data reveals that top US-based crypto exchange Coinbase is seeing its Bitcoin (BTC) reserves skyrocket as Binance’s BTC holdings plummet. According to data from blockchain tracker CryptoQuant, Coinbase’s...

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