Tag: Money Laundering

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Epoch Times CFO Bill Guan Charged for Allegedly Laundering $67 Million Worth Illicit Funds

Weidong Guan, who also goes by Bill Guan, was charged by the Department of Justice (DoJ) for participating in a scheme that laundered $67...

Charles Constant Arrested on Crypto Money Laundering Charges

Federal agents have arrested Charles Riley Constant, an owner of digital currency ATMs under the Coindawg name. At the time of writing, he has...

Mustafa Gokiu Guilty of Running Illicit Crypto Business

Mustafa Gokiu – a man living in the town of Sunnyside, New York – was convicted in mid-October by a federal jury in Brooklyn...

Crypto Money Laundering Case in China Ends

A billion-dollar crypto money laundering case in China has come to an end. Authorities say they busted an illicit group of money launderers who...

Crypto Exchange Wazir X Accused of Money Laundering

Wazir X – a large and popular digital currency exchange stationed in India – is currently the subject of a financial probe that executives...

New York’s Thomas Spieker Accused of Crypto Crimes

A man has been charged with bitcoin money laundering crimes in the state of New York. Thomas Spieker – a former party producer –...

Chainalysis: Crypto Money Laundering Is Still a Big Deal

According to a new document published by blockchain analysis firm Chainalysis, nearly $9 billion in crypto funds were laundered last year by cybercriminals. Overall,...

Bill Gates Doesn’t Seem to Think Much of BTC in a New Interview

Bitcoin is doing extremely well as of late, but that’s not changing the minds of certain financial firms and individuals. Among today’s bitcoin doubters...

Chainalysis: Money Laundering and Crypto Crime Is More Concentrated Than We Think

No doubt that with bitcoin and the establishment of the crypto space about 12 years ago came the furthering of financial crime. To this...

Singapore Will Fully Regulate All Crypto-Related Activity

Singapore has announced plans to regulate all cryptocurrency activity from here on out. Singapore to Oversee All Crypto Businesses The Monetary Authority of Singapore (MAS) has...

Alexander Vinnik Sentenced to Five Years for Crypto Crimes

Alexander Vinnik – a Russian man accused of laundering bitcoin funds and for allegedly taking part in multi-million dollar cryptocurrency fraud – has been...

Changpeng Zhao: Bad Behavior Isn’t Reserved to BTC

When it comes to money laundering and illicit behavior, bitcoin is still getting a bad rap, though according to Changpeng Zhao – the CEO...