Heather Morgan, aka 'Razzlekhan,' sentenced to 18 months for laundering 120,000 Bitcoin from the 2016 Bitfinex hack. Her husband received a 5-year sentence.
Nepal's FIU is focusing on crypto transaction monitoring to tackle rising money laundering and fraud, despite an ongoing trading ban.
The DOJ has announced a guilty plea from Daren Li for laundering over $73 million from cryptocurrency investment scams, using shell companies and international banking networks.
A US court has sentenced an Ohio-based crypto mixer operator to three years in jail for aiding illicit activities like money laundering and hacks. This is part of ongoing enforcement by US prosecutors to combat illegal use of crypto mixers.
Larry Harmon sentenced to three years for laundering 350,000 BTC through Helix mixer, with leniency for aiding Roman Sterlingov's conviction.
Upbit, a major South Korean crypto exchange, is being investigated for KYC violations during its license renewal. Over 500,000 cases of improper customer verification were found, raising money laundering concerns and threatening its license renewal.
Ireland's Garda Siochana investigates a crypto scam tied to Chinese money laundering.
Bitcoin Fog founder Roman Sterlingov has been sentenced to 12.5 years in prison and must forfeit $395.5 million, following his conviction for money laundering and operating an unlicensed business.
Beijing police dismantled a $111 million crypto money-laundering network linked to telecom fraud and online gambling, marking a legal precedent in China. The operation used overseas crypto platforms for illicit activities, challenging Chinese efforts to combat financial crimes.
The Department of Justice (DOJ) has charged a crypto exchange operator for laundering money related to the notorious Silk Road marketplace. This marks a significant legal move against illegal activities facilitated by cryptocurrency platforms.
Crypto mule scams involve tricking individuals into aiding in money laundering through seemingly legitimate opportunities. Victims unknowingly assist criminals in cashing out cryptocurrency illegally. Awareness and caution are crucial to avoiding involvement in these scams.
A North Carolina man faces a 20-year sentence for alleged cryptocurrency money laundering, accused of laundering $380,000 through wire fraud schemes and moving over $240,000 via crypto exchanges.
Ireland is preparing new cryptocurrency regulations due to the EU's forthcoming measures against money laundering.
Ireland plans to draft new crypto regulations to comply with the upcoming EU Anti-Money Laundering and Countering the Financing of Terrorism Act, effective December 2024.
Non-KYC crypto exchanges pose legal risks such as liability for money laundering, asset seizure, and tax compliance issues.
Non-KYC crypto exchanges pose significant legal risks, such as liability for money laundering and tax issues.
Brazilian authorities initiated Operation Alcacaria to curtail cryptocurrency-based money laundering activities. The operation involved executing 62 search warrants, issuing 13 arrest warrants, and seizing bank-held funds of implicated entities.
UK crypto ATM operator Olumide Osunkoy pleads guilty to fraud and money laundering charges, facing up to 26 years in jail if convicted of all charges.
The U.S. Department of Justice has charged two Russian nationals with operating a large crypto-based money laundering scheme.
The U.S. charges two Russians for a large-scale crypto money laundering scheme.
The United States has accused two Russian citizens of running a global money laundering and sanctions evasion network using cryptocurrencies, offering a $10 million bounty for their capture.
Tornado Cash co-founder Roman Storm faces a December trial for money laundering and sanctions violations linked to North Korean hackers. A New York judge denied his motion to dismiss.
Tether assists Dutch and U.S. authorities in seizing $7.8M in crypto from suspected money laundering exchanges.
NY Judge denies Tornado Cash developer’s motion to dismiss; trial set for December.
Roman Storm, co-founder of Tornado Cash, will stand trial after a court dismissed his plea to dismiss charges of money laundering and bypassing U.S. regulations.
Two Russian nationals have been charged by U.S. authorities for crypto-related money laundering involving over $1 billion in transactions. International partners helped seize websites of three illicit cryptocurrency exchanges linked to 'carding' and cybercrime facilitation.
Tornado Cash co-founder Roman Storm is set to face trial over alleged involvement in a $1 billion money laundering scheme, despite attempts to dismiss the charges.
Hong Kong police dismantled a cryptocurrency money laundering ring using Bitcoin, arresting 25 in a major fraud operation.
Swedish authorities are intensifying their crackdown on Bitcoin mining due to money laundering concerns, calling for stricter regulations and supervision to combat illicit financial activities.
Swedish authorities label certain crypto exchanges as 'professional money launderers.' They identify four profiles: node, hawala, asset, and platform exchange providers. Licensed platforms are urged to monitor suspicious activity. Authorities investigated 21 crypto mining firms for tax evasion, demanding $90 million in unpaid taxes from mining firms, some appeals accepted.
Ashigaru, a new open-source project, forks Samourai Wallet's code to provide secure, private, and censorship-resistant crypto solutions, continuing Samourai's privacy mission despite its founders' arrest on money laundering charges.
German authorities closed 47 crypto exchanges to counter money laundering in a significant anti-cybercrime operation led by the BKA and Frankfurt prosecutors.
