Money Laundering

Exchanges

When Crypto Exchanges Hold More Than Your Money

Regulators want cryptocurrency exchanges to know who their customers are – but that requires these companies to collect very sensitive information.

Policy & regulation  ·  1 February 2018
New York

DOJ Alleges Bitcoin Involved in Attempted ISIS Funding

Prosecutors have accused a New York woman of using credit cards to purchase bitcoin and then launder those funds to send money to ISIS.

Policy & regulation  ·  14 December 2017
Crime

ICE Agent: Cryptocurrencies Increasingly Used in Money Laundering

A U.S. Immigration and Customs Enforcement agent mentions mixing services at exchanges and anonymity-enhancing currencies in Senate testimony.

Policy & regulation  ·  30 November 2017
Europe

Alleged Bitcoin Launderer Faces Extradition Hearing Next Month

An alleged money laundered tied to the BTC-e bitcoin exchange and wanted by both Russia and the U.S. will attend an extradition hearing next month.

Policy & regulation  ·  15 November 2017
Japan

Ex-IMF Economist Kenneth Rogoff Joins ‘Bitcoin Will Collapse’ Chorus

A former IMF economist has joined the chorus of critical voices on bitcoin of late, going so far as to predict that its price will collapse.

Markets  ·  10 October 2017
Exchanges

Russia Blasts Decision to Extradite Alleged Bitcoin Money Launderer

Russia isn't happy that an alleged bitcoin money launderer is being extradited to the US following a court decision in Greece.

Policy & regulation  ·  6 October 2017
Bitcoin

FICO Patent Filing Hints at Plans for Bitcoin Exchange Monitoring

The company behind the FICO credit score system is looking at how to collect information from bitcoin exchanges, new public documents show.

Policy & regulation  ·  25 September 2017
Exchanges

Bitcoin Exchange BTC-e Promises ‘Daily’ Updates During Relaunch Attempt

BTC-e says it will publish more frequent updates about its recovery plans after August 31, according to a newly released statement.

Business  ·  25 August 2017
Exchanges

Australia Takes Aim at Cryptocurrencies With New Money Laundering Bill

Australia is moving to introduce a new bill that would extend the country's anti-money laundering laws to cover domestic cryptocurrency exchanges.

Policy & regulation  ·  17 August 2017
Exchanges

Troubled BTC-e Exchange Claims Control of Databases and Bitcoin Wallets

An online forum account tied to the cryptocurrency exchange BTC-e has issued a new statement, claiming to be in control of databases and user wallets.

Policy & regulation  ·  4 August 2017
Crime

$4 Billion: Russian Man Arrested for Alleged Bitcoin Money Laundering Scheme

Authorities have reportedly arrested a man believed to be behind a money laundering scheme orchestrated through bitcoin.

Policy & regulation  ·  26 July 2017
Europe

EU Report: Digital Currency Use by Organized Criminals Is ‘Rare’

A newly released report from the European Commission suggests there is relatively little virtual currency use among organized crime groups.

Policy & regulation  ·  8 July 2017
Regulation

Coin Center: US Senate’s Digital Currency Bill Is ‘Counterproductive’

US advocacy group Coin Center has said that an anti-money laundering bill before the Senate could disrupt existing rules for digital currency firms.

Policy & regulation  ·  23 June 2017
Regulation

IMF’s Lagarde Touts Distributed Ledger as Defense Against Terror

The head of one of the world's largest financial organizations has issued new comments addressing blockchain trends.

Policy & regulation  ·  22 June 2017
Bitcoin

The World Is Watching: Can WannaCry’s Creators Cash Out Their Bitcoin Ransom?

Bitcoins amassed by those behind the huge malware attack are being watched by the authorities. Can they retrieve the funds and not get caught?

Policy & regulation  ·  18 May 2017