TRM Labs: 1,6% of USDT volume was linked to criminal activity in 2023

Mar 28, 2024

TRM Labs: 1,6% of USDT volume was linked to criminal activity in 2023

The volume of illegal transactions with the asset amounted to $19,3 billion

Binance joins the crypto exchange community for AML compliance

Mar 26, 2024

Binance joins the crypto exchange community for AML compliance

As part of the Global Travel Rule Alliance, the platforms use a single solution to share transaction data

Dutch prosecutors accuse Tornado Cash developer of laundering $1,2 billion

Mar 20, 2024

Dutch prosecutors accuse Tornado Cash developer of laundering $1,2 billion

The trial in the case of Alexey Pertsev will begin on March 26

European Parliament has approved the tightening of AML rules for crypto companies

Mar 19, 2024

European Parliament has approved the tightening of AML rules for crypto companies

The package of bills provides, among other things, for the creation of a single Anti-Money Laundering Authority for the bloc

Bitcoin Fog crypto mixer founder faces 50 years in prison for money laundering

Mar 13, 2024

Bitcoin Fog crypto mixer founder faces 50 years in prison for money laundering

The prosecution alleges that more than a million bitcoins passed through the service for trafficking in drugs and child exploitation material

GoFundMe has stopped a fundraiser to support Tornado Cash’s founders

Feb 16, 2024

GoFundMe has stopped a fundraiser to support Tornado Cash’s founders

All contributions were returned to the sponsors

South Korea’s number of suspicious crypto transactions increased by 49% in 2023

Feb 14, 2024

South Korea’s number of suspicious crypto transactions increased by 49% in 2023

Last year, there were 16 076 crypto transactions suspected of being involved in illegal activities

Alaska and Florida regulators ban Binance.US after Zhao admits to violating AML rules

Jan 26, 2024

Alaska and Florida regulators ban Binance.US after Zhao admits to violating AML rules

In December, the US federal court found Zhao guilty of violating the Bank Secrecy Act

Tether offers UN cooperation in developing measures to combat financial crime

Jan 16, 2024

Tether offers UN cooperation in developing measures to combat financial crime

The initiative was a response to a UN report on the growing popularity of USDT among criminals in Asia

Media: Apps of nine crypto exchanges including Binance, HTX, and Bitget have been removed from the App Store in India

Jan 10, 2024

Media: Apps of nine crypto exchanges including Binance, HTX, and Bitget have been removed from the App Store in India

Earlier, the local financial intelligence agency accused the platforms of violating AML laws

OKX to remove anonymous cryptocurrencies XMR, ZEC, and DASH from the platform

Dec 29, 2023

OKX to remove anonymous cryptocurrencies XMR, ZEC, and DASH from the platform

According to the statement, the assets do not meet the company’s standards

Indian authorities have accused Binance and other leading exchanges of failing to comply with AML laws

Dec 29, 2023

Indian authorities have accused Binance and other leading exchanges of failing to comply with AML laws

Financial Intelligence called for platform websites to be blocked in the country