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CRYPTOCURRENCY

Japan Faces Challenges in Crypto Money Laundering and Fraud
cryptocurrency

Japan Faces Challenges in Crypto Money Laundering and Fraud

Japan's crypto landscape sees growing challenges with money laundering and fraud, despite a global decline in illicit activities. On-chain analysis reveals significant financial threats.

Japan Faces Challenges in Combating Crypto Money Laundering and Scams
cryptocurrency

Japan Faces Challenges in Combating Crypto Money Laundering and Scams

Japan's crypto ecosystem grapples with money laundering and scams, despite low exposure to global illicit entities. Authorities intensify efforts to address these issues.

Addressing Money Laundering in Cryptocurrency: Policy Proposals and Challenges
cryptocurrency

Addressing Money Laundering in Cryptocurrency: Policy Proposals and Challenges

Explore how policymakers can tackle money laundering in the crypto sector with strategic measures that enhance digital infrastructure resilience and expand regulatory powers.

Tether Assists in Major Crypto Money Laundering Bust with Dutch Authorities and U.S. Secret Service
cryptocurrency

Tether Assists in Major Crypto Money Laundering Bust with Dutch Authorities and U.S. Secret Service

Tether aids Dutch FIOD, NHCTU, and U.S. Secret Service in dismantling cryptocurrency exchanges involved in money laundering.

Money Laundering in Cryptocurrency: Trends and Detection Techniques
cryptocurrency

Money Laundering in Cryptocurrency: Trends and Detection Techniques

Chainalysis highlights emerging trends and innovative techniques for detecting and investigating money laundering in the cryptocurrency ecosystem.

Cryptocurrencies Fueling Trade-Based Money Laundering: Insights from Michael Firing of CITE
cryptocurrency

Cryptocurrencies Fueling Trade-Based Money Laundering: Insights from Michael Firing of CITE

Michael Firing, Assistant Director at CITE, discusses how cryptocurrencies are being used in trade-based money laundering activities.

Taiwan's ACE Exchange Founder and Associates Face 20-Year Prison Sentences in Fraud and Money Laundering Case
cryptocurrency

Taiwan's ACE Exchange Founder and Associates Face 20-Year Prison Sentences in Fraud and Money Laundering Case

Taiwan's prosecutors are recommending 20-year prison sentences for four suspects, including ACE Exchange founder David Pan, in a fraud and money laundering case involving the cryptocurrency trading platform. The case, which involved 32 individuals, resulted in over 1,200 victims and an estimated loss of 800 million New Taiwan dollars ($24.56 million).

Tornado Cash Co-Founder Seeks Dismissal of Money Laundering Charges
cryptocurrency

Tornado Cash Co-Founder Seeks Dismissal of Money Laundering Charges

Tornado Cash's co-founder, Roman Storm, has filed a dismissal motion for charges related to money laundering and violating the IEEPA.

KuCoin and Founders Charged with Bank Secrecy Act and Money Transmission Offenses
cryptocurrency

KuCoin and Founders Charged with Bank Secrecy Act and Money Transmission Offenses

KuCoin, along with its founders Chun Gan and Ke Tang, has been charged with violating the Bank Secrecy Act and operating an unlicensed money transmission business, allegedly allowing its platform to be used for money laundering and terrorist financing.

Nigerian High Court Orders Binance to Comply with EFCC Data Request Amidst Money Laundering Concerns
cryptocurrency

Nigerian High Court Orders Binance to Comply with EFCC Data Request Amidst Money Laundering Concerns

Binance must supply Nigerian user data to the EFCC as the Nigerian High Court cites money laundering risks, highlighting crypto's impact on the naira's stability.

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