Dutch tax enforcers with the Netherlands’ Fiscal Intelligence and Investigation Service arrested two men Monday for laundering millions of euros in cryptocurrency.
Dutch Authorities Arrest 2 in Million-Euro Crypto Money Laundering Investigations
Dutch tax enforcers with the Netherlands’ Fiscal Intelligence and Investigation Service arrested two men Monday for laundering millions of euros in cryptocurrency.
US DOJ Calls Bitcoin Mixing ‘a Crime’ in Arrest of Software Developer
The arrest of Larry Harmon for an alleged connection to AlphaBay raises major questions: Do bitcoiners have a right to build privacy tech?
Ohio Resident Charged With Laundering $311M in Bitcoin for AlphaBay
Ohio resident Larry Dean Harmon, 36, has been charged with laundering more than $300 million in bitcoin for darknet marketplace AlphaBay.
Better Regulation Could Curb Crypto Scams, Chainalysis Report Says
Chainalysis’ 2019 crime report found illicit activities accounted for roughly 1 percent of overall crypto transactions last year, and better enforcement of anti-money laundering and know-your-customer regulations could stamp out a large portion of that.
JPMorgan Blockchain Payments Network Eyes January Japan Launch
JPMorgan’s Interbank Information Network will expand to Japan early next year, according to its executive director.
Court Backs Nordea Bank Bid to Block Staff From Trading Crypto
Nordea Bank has won a court battle in Denmark over its bid to bar employees from buying and selling cryptocurrencies outside of work.
Silk Road Seller Pleads Guilty to Money Laundering $19 Million With Bitcoin
Brian Haney, a former narcotics trafficker, pled guilty to charges that he laundered $19 million in bitcoin on Silk Road.
North Korea Set Up a Blockchain Firm to Launder Cash: UN
North Korea set up a Hong Kong blockchain firm in a bid to to launder stolen cryptocurrency and avoid sanctions, the UN has reportedly said.
Thailand to Bring Cryptocurrency Under Anti-Money Laundering Rules
Thailand’s anti-money laundering regulator is planning to amend the country’s laws to mandate reporting by cryptocurrency exchanges.
Japan Has FATF Green Light to Create ‘SWIFT Network’ for Crypto: Report
Japan is said to be leading the creation of an international cryptocurrency payments network similar to banking network SWIFT.
UK Announces ‘Dirty Money’ Crackdown, Including Tougher Crypto Regime
The U.K. government has drawn up an action plan aimed to combat financial crimes that it says will include a new regime for crypto assets.
Malta Needs to Up Its AML Game As Crypto Sector Grows, Says EU
Malta should increase its anti-money laundering policing to match the growth in financial and crypto services, according to the EU.
Japan Scrutinizing Crypto Exchanges Ahead of G20 Summit
Japan’s financial watchdog is said to be inspecting crypto exchanges over anti-money laundering measures ahead of June’s G20 meeting.
EU Authorities Shut Down Bitcoin Transaction Mixer
A bitcoin transaction mixer has been seized and shut down by authorities in the European Union.
New York State Sees First Conviction for Crypto Money Laundering
A case involving millions of dollars in bitcoin and Western Union payments resulted in New York State’s first conviction for crypto money laundering.
The Hidden Effects of Crypto Money Laundering Rules
CoinDesk’s Noelle Acheson looks at anti-money laundering regulation’s increasing focus on cryptocurrencies, and at the opportunity this presents.
In First, FinCEN Penalizes Bitcoin Trader for Violating AML Laws
U.S. regulator FinCEN has for the first time penalized a cryptocurrency trader for breaking anti-money laundering rules.
Alleged BTC-e Operator Alexander Vinnik Seeks Extradition to Russia
Alleged bitcoin launderer Alexander Vinnik, who is wanted by several countries, has filed in Greece for extradition to Russia.
WSJ’s ShapeShift Exposé Overstated Laundering by $6 Million, Analysis Says
Blockchain analytics firms say money laundering accusations against ShapeShift don’t match up.