Tag: laundering
Preventing Future Fraudsters After Five Convicted for £500,000 Shell Company Money Laundering
Five people, including convicted fraudster Neale Rothera, were sentenced for their involvement in a fraud and money…
Watchdog group doubles down on Circle-Tron money laundering claims
Nonprofit ethics group Campaign for Accountability (CfA) has doubled down on its money laundering claims against Circle,…
Binance’s CZ pleads guilty to violating anti-money laundering requirements—WSJ
Binance founder Changpeng “CZ” Zhao has agreed to step down as CEO of the crypto exchange as…
Taiwanese crypto exchange and VASP member Bitgin under investigation for money laundering
Taiwan cryptocurrency exchange Bitgin is under investigation by the country’s police force for money laundering. According to…
Retention.com Founder on ‘Email Laundering’
Adam Robinson is a former Lehman Brothers financier who in 2012 founded and later sold an email…
Mistake or money laundering? User pays $1.6 million for CrypToadz NFT
One of the CrypToadz non-fungible tokens (NFTs), whose average price doesn’t exceed $1000, was bought for an…
OneCoin co-founder Greenwood gets 20 years in US jail for fraud, money laundering
Karl Greenwood, co-founder of OneCoin with Ruja Ignatova, was sentenced to 20 years in prison and ordered…
Switzerland’s Tightened Money Laundering Regulations Garner Mixed Reaction
Switzerland has taken significant steps to clamp down on money laundering activities by initiating a consultation on…
Tornado Cash co-founders charged with money laundering, sanctions violations
The United States Treasury’s Office of Foreign Assets Control (OFAC) added Roman Semenov, one of the co-founders…
AI Tops the Chart as the Forefront Tool in Anti-Money Laundering Efforts
Artificial intelligence (AI) has emerged as the preferred choice for battling money laundering challenges, according to The…