Bitcoin Scam: Court Hands Man 20-Year Sentence Over $200M Ponzi Scheme
A US court has sentenced the CEO of Bitcoin trading firm, Praetorian Group International (PGI), to 20 years in prison ...
Tag: Money Laundering
India Cranks Up Crypto KYC Rules, Making Sign-Ups Harder
According to official releases and news reports, India’s Financial Intelligence Unit (FIU) rolled out tougher Know-Your-Customer (KYC) and anti-money-laundering checks ...
India Tightens Crypto Oversight: 49 Exchanges Registered, Unregistered Ones Grow
The Indian government continues to take stricter steps to regulate cryptocurrency transactions, with many platforms coming under tougher regulation to ...
Crypto ATM Company Mulls $100M Sale Days After Founder’s Indictment – Details
Crypto ATM company Crypto Dispensers is considering a $100 million sale in an ongoing strategic review. Interestingly, this development comes ...
Samourai Wallet Co-Founder Sentenced To 4 Years For Role In $230M Illicit Transactions
Keanne Rodriguez, co-founder of the cryptocurrency mixer Samourai Wallet, was sentenced to five years in prison on November 7th. Following ...
Turkey Tightens Grip On Crypto To Foil Money Launderers
Turkey’s Ministry of Treasury and Finance rolled out new rules this week to stop money laundering through crypto trades. Users ...
Europol Busts $23 Million Crypto Bank: Organized Crime Meets Its Digital Match
Based on reports from Europol, a secret banking network that handled at least €21 million has been shut down. On January ...
Crypto Mixer eXch Calls It Quits: Under Fire Over Bybit Hack
Cryptocurrency exchange eXch will close down on May 1 after being accused of facilitating money laundering of funds stolen in ...
