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news - Ex-Microsoft Engineer Gets 9 Years in Prison Over $10M Crypto Tax Fraud

Ex-Microsoft Engineer Gets 9 Years in Prison Over $10M Crypto Tax Fraud

A former Microsoft engineer received a nine-year prison sentence for $10 million dollar criminal scheme involving bitcoin and digital gift cards. 26-year-old Ukrainian citizen residing in Washington h...

news - Bitcoin Launderer Alexander Vinnik Faces Up to Ten Years in Prison

Bitcoin Launderer Alexander Vinnik Faces Up to Ten Years in Prison

A court in Paris has begun hearing the trial against Alexander Vinnik, russian man alleged to have used ransomware in a 135 million euros ($157 million) bitcoin fraud. Alexander Vinnik faces up to ten...

news - First-ever, FinCEN Penalizes Crypto Trader for Breaking Anti-money laundering Laws

First-ever, FinCEN Penalizes Crypto Trader for Breaking Anti-money laundering Laws

The Financial Crimes Enforcement Network (FinCEN) has penalized cryptocurrency trader Eric Powers for breaking anti-money laundering (AML) laws. This is the first time when cryptotrader has been fined...

news - New Zealand Police Seized $4 Million in Crypto from Movie Bootleggers

New Zealand Police Seized $4 Million in Crypto from Movie Bootleggers

New Zealand police have seized $6.2 million in cryptocurrency and $800,000 in banked funds from 31-year old software programmer who allegedly was involved in online movie bootlegging in the United Sta...

news - Australian Police Arrest Man for Unregistered Crypto Transactions

Australian Police Arrest Man for Unregistered Crypto Transactions

A 38-year-old male was arrester by Australian law enforcement for performing unregistered crypto transactions. The Cairnlea resident was arrested on Nov 12 as part of an investigation into unregi...

news - Cybercriminals Offer Bundles of Cash for 10% Fee in Bitcoin 

Cybercriminals Offer Bundles of Cash for 10% Fee in Bitcoin 

Hackers crack bank accounts and sell stolen funds for only 10-12% of their real value in BTC equivalent, according to the new Q3 2019 Black Market Report from Armor’s Threat Resistance Unit.

news - Facebook’s Libra is Seeking for Swiss Payment System License

Facebook’s Libra is Seeking for Swiss Payment System License

Facebook’s Libra is seeking to apply for licensing as the Swiss payment system.

news - Dutch Man Accused of $2.2 Million Bitcoin Mining Fraud

Dutch Man Accused of $2.2 Million Bitcoin Mining Fraud

The Dutch Tax Authority’s Investigative department FIOD has arrested a 33-year-old man for bitcoin mining fraud worth over $2.2 million.

news - South Korean Crypto Exchanges Partnered to Combat Money Laundering

South Korean Crypto Exchanges Partnered to Combat Money Laundering

South Korea’s four biggest crypto exchanges has teamed up to combat money laundering schemes that might be dangerous for their users.

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