All by tag: AML

The local regulator suggests that the platforms assisted third-party companies in converting criminal proceeds into digital assets

The statement was made after OFAC put cryptocurrency mixer Tornado Cash on the sanctions list

The initiative was adopted to make the fight against money laundering more effective

Changpeng Zhao stated that his company only “provides wallet services” for the accused crypto exchange

The New York City Department of Financial Services accused the company of violating AML and cybersecurity regulations

Employees said that because of the implementation of the verification procedure, the exchange lost billions of dollars

​Analysts noted that so far none of these services has introduced user identification and anti-money laundering measures.

If the proposal is approved, the platforms will report to regulators on a par with banks

Representatives of the bureau noted that Ruja Ignatova was accused of conspiracy to commit fraud and money laundering, as well as the theft of $4 billion

The organization’s experts stressed that digital assets include high risks associated with terrorist financing and fraud

Benjamin Delo escaped imprisonment on charges of violating the US Bank Secrecy Act.