Money Laundering

Ex-Manchester United Player Charged With Crypto Fraud

Retired Brazilian midfielder Anderson is one of eight people alleged to have been involved in a R$35 million ($6.5 million) money laundering operation.

People  ·  24 August 2021

Bitcoin Mixing CEO Harmon Pleads Guilty to US Money-Laundering Charge

Larry Dean Harmon, the CEO of darknet bitcoin mixing service Helix, pled guilty Wednesday in D.C. District Court.

Policy & regulation  ·  18 August 2021
Money Laundering

What a Gory New Horror Film Teaches Us About Financial Censorship

Much like the deranged lead of "Censor," financial regulators are deluding themselves that centralized control will lead to a crime-free utopia.

Opinion  ·  25 July 2021
Money Laundering

Brazilian Police Seize $33M in Crypto Money Laundering Probe

The Brazilian judiciary authorized freezing accounts and taking assets from two individuals and 17 companies.

News  ·  23 July 2021
Money Laundering

EU to Propose New Agency for Crypto Crackdown

Crypto-asset service providers would be obliged to collect and disclose data concerning originators and beneficiaries of transfers.

News  ·  8 July 2021
Money Laundering

Korean Authorities Investigate 33 People for $1.48B in Illicit Crypto Transactions

Fourteen were referred for prosecution, 15 were fined and four remain under investigation.

News  ·  8 July 2021

UK Police Seize Cryptocurrency Worth Almost $160M in Money Laundering Probe

The seizure was made based on intel regarding the transfer of criminal assets, a statement from the police read.

News  ·  24 June 2021

Chinese Police Arrest 1.1K People on Crypto-Related Money Laundering Charges

Chinese police have arrested over 1,000 people on money-laundering charges, alleging they used cryptocurrency to help them evade the law.  This is the fifth round of a nationwide crackdown on money laundering activities related to telecom fraud in China, dubbed “Card Breaking Operation,” according to a statement released by the Ministry of Public Security on […]

News  ·  9 June 2021

State of Crypto: The Bitcoin Fog Indictment Shows the Permanence of User Data

The feds arrested the alleged operator of bitcoin mixing service Bitcoin Fog last week. But where’d they get the information to indict him?

Policy & regulation  ·  4 May 2021
Money Laundering

US Officials Arrest Alleged Operator of $336M Bitcoin Mixing Service

Roman Sterlingov faces three charges: unlicensed money transmission, money laundering and money laundering without a license.

News  ·  27 April 2021

DeepDotWeb Operator Pleads Guilty to Laundering $8.4M in Bitcoin Kickbacks

Tal Prihar admitted to taking bitcoin payments from darknet marketplaces in exchange for referral links.

Policy & regulation  ·  31 March 2021

Crypto Exchange OKEx Korea to Close as New AML Rules Come Into Force

An exchange spokesperson said the new anti-money laundering regime would make it too tough to continue operating.

Business  ·  23 March 2021
Money Laundering

Firm Allegedly Facilitated Crypto Money Laundering With Encrypted Phones

According to the indictment, Sky Global sells encryption devices to criminal organizations to facilitate activities such as drug trafficking.

News  ·  19 March 2021

Australian Man Arrested for Trying to Launder $4.3M With Bitcoin

The man was arrested in his car, where police found $1 million in cash, cocaine and electronic devices.

Policy & regulation  ·  22 February 2021

US Man Pleads Guilty to Money Laundering Charges Involving $13M in Bitcoin

During a 28-month period, Hugo Mejia illegally exchanged millions of dollars in bitcoin while attempting to hide his activity.

News  ·  1 February 2021