Browsing Tag
#Money Laundering
13 posts
Criminals more reliant on cross-chain bridges than ever after mixer crackdowns
Cybercriminals have accelerated their shift away from crypto mixers for cross-chain bridges over the past year, according to…
Google launches ‘Anti Money Laundering AI’ after successful HSBC trial
Google Cloud recently announced the launch of its “Anti Money Laundering AI” (AMLAI) service after a successful trial…
AirBit Club execs face decades in prison after pleading guilty to $100M fraud
Six people involved in a cryptocurrency Ponzi scheme that raked in about $100 million over five years have…
Banks with crypto services require new Anti-Money Laundering capabilities
The new year began with the news that notable Web3 entrepreneur Kevin Rose fell victim to a phishing…
Bitzlato CEO arrested by Spanish police: Report
According to a Feb. 2 report by Turkish news agency Anadolu, Spanish authorities have arrested the CEO of Hong…
South Korea to deploy cryptocurrency tracking system in 2023
The “Virtual Currency Tracking System” will be used to monitor transaction history, extract information related to transactions and…
UK’s FCA hints at why it’s only given 15% of crypto firms the regulatory nod
The UK financial watchdog has received 300 crypto firm registration applications but has approved only 41 applicants. Despite…
Sanctions couldn’t ‘pull the plug’ on Tornado Cash: Chainalysis
While it has become harder to access the crypto mixer today, for better or worse, decentralization means it’s…
Crypto adoption via regulation: Setting rules for centralized exchanges
Centralized cryptocurrency exchanges have become the backbone of the nascent crypto ecosystem, making way for retail and institutional…
Institutional crypto adoption requires robust analytics for money laundering
Institutions have begun to take crypto seriously and have entered the space in numerous ways. As noted in…