Money Laundering News

Nigerian authorities arraigned Binance executive Tigran Gambaryan before an Abuja High Court on April 8, where the employee denied allegations and applied for bail.

Lithuania is set to sharply reduce the number of crypto firms in the country as it tightens regulations and issues licenses next year. In a Bloomberg interview on Apr. 2, Simonas Krėpšta, a board member at the Bank of Lithuania,…

Roman Storm, co-founder of Tornado Cash, seeks to dismiss charges accusing him of running a money laundering operation and violating the International Emergency Economic Powers Act.

The U.S. Department of Justice alleges that KuCoin and its two founders were knowingly involved in money laundering.

The EU has introduced a new directive that outlaws transactions using anonymous, privately managed crypto wallets for any transaction value.

Exploiters who hacked Heco Bridge laundered the stolen assets through the controversial cryptocurrency mixer Tornado Cash.

In a move aimed at bolstering ties with law enforcement in handling crypto-related crimes, Binance conducted a virtual assets law enforcement workshop for the officers of the Keelung District Prosecutors Office in Taiwan. The event, announced on March 13, reflects…

Jian Wen faces charges of laundering Bitcoin in a London court as part of an alleged $6 billion investment scam, as her defense claims the scheme's true mastermind manipulated her.

Frankfurt has emerged as the most suitable location for the situation of anti-money laundering and counterterrorism financing (AML/CFT) authority headquarters in Europe.

Analysts at Cyvers Alerts say an unknown entity moved over $55 million worth of Ethereum from wallets, associated with bankrupt crypto exchange AAX. In an X thread on Feb. 20, blockchain analysts at Cyvers Alerts published an investigation revealing anomaly…

Chainalysis reported a 29% decline in crypto money laundering activity in 2023 as U.S. authorities and other world governments sanctioned mixing services.

The U.S. District Court of Maryland has issued a notice regarding the disposition of a substantial amount of Bitcoin from the former marketplace Silk Road, totaling over $131 million. 

A Maryland father and son receive federal prison sentences for their involvement in a dark web drug trafficking and Bitcoin laundering operation.

U.S. Senators, spearheaded by Elizabeth Warren, have broadened bipartisan backing for the Digital Asset Anti-Money Laundering Act to regulate cryptocurrency use.

Russian co-founder of crypto exchange Bitzlato, Anatoly Legkodymov, pleaded guilty to money laundering charges. According to a press release published by the U.S. Department of Justice (DoJ) on Dec. 6, 2023 Legkodymov pleaded guilty to operating a money transmitting business…

Crypto investigations are no longer focused on money laundering as about half of the crypto probes in 2022 involved tax, the IRS says. As per a Bloomberg report, Jim Lee, head of the Internal Revenue Service’s (IRS) criminal investigation division…