Tag: Money Laundering
California Bitcoin Dealer Indicted for Money Laundering
Authorities have indicted a 21-year-old Bitcoin dealer for money laundering as he sold $750,000 in Bitcoin across the US. Across the world, governments are grappling…
Bitcoin Scam Costs Finnish Man $34 Million
Police in Thailand arrested a popular actor after allegations of his involvement in a Bitcoin scam that cost a Finnish man $34 million. It’s a…
Bitcoin Trader Sentenced to 41 Months in Federal Prison
A Bitcoin trader was sentenced to 41 months in federal prison for using cryptocurrency for money laundering. Cryptocurrency is an exciting technology that helps put…
London Police to Receive Dedicated Cryptocurrency Crime Training
Government officials still express major concerns regarding Bitcoin. Most officials see this form of money as a tool for money laundering. As such, police forces…
Cryptocurrency-Related Thefts and Money Laundering Spike in Early 2018
The first half of 2018 has been troublesome for the cryptocurrency industry. Falling prices have made a lot of investors wary. An increase in cryptocurrency…
Could Cryptocurrency Threaten US Elections?
The cryptocurrency market is now a threat to the process of U.S. elections. That’s according to a cybersecurity consultant. ‘Tailor-Made for Money Laundering’ Scott Dueweke,…
Morgan Rockcoons Faces Money Laundering Charges Over Bitcoin Trades
Any story related to Bitcoin is bound to get some media attention sooner rather than later. For Morgan Rockcoons, one of the more notorious traders…
EU Financial Chief Says Europe Will Regulate Cryptocurrencies if Issues Aren’t Addressed
The European Union’s financial chief has said that if issues related to cryptocurrencies aren’t addressed it will take steps to regulate the market. Valdis Dombrovskis,…
Europol Claims $5.5bn Worth of Criminal Proceeds Will be Laundered Through Cryptocurrencies
There have been numerous allegations regarding Bitcoin and illegal activity. There is very little evidence to back up such claims, for the time being. A…
