Latest News and Articles about FinCEN
Trung Nguyen’s 6-Year Sentence: Bitcoin Laundering and Regulatory Challenges
Bitcoin Laundering: The Case of Trung Nguyen and the Regulatory Tightrope Trung Nguyen, known as “DCS420,” was sentenced to six years in prison for laundering over $1 million through Bitcoin via an unlicensed business, highlighting the challenges of cryptocurrency regulation. 6-year sentence for Trung Nguyen Over $1 million laundered through Bitcoin National Vending: unlicensed and […]
Read MoreProsecutors Stand Firm on FinCEN Opinion in Tornado Cash Case: Brady Violation Alleged
Prosecutors Defend Withholding FinCEN Opinion in Tornado Cash Case Federal prosecutors are standing firm on their decision not to disclose a Financial Crimes Enforcement Network (FinCEN) opinion in the legal battle against Tornado Cash developer Roman Storm, igniting a massive debate over potential Brady violations and the murky waters of cryptocurrency regulation. Allegations of Brady […]
Read MoreSamourai Wallet Founders Allege US Prosecutors Hid Key Legal Opinion
Samourai Wallet Co-Founders Accuse US Authorities of Concealing Legal Advice Samourai Wallet’s co-founders, Keonne Rodriguez and William Hill, have leveled serious accusations against US federal prosecutors, alleging the concealment of a crucial legal opinion for over a year. This opinion from the Treasury Department’s Financial Crimes Enforcement Network (FinCEN) reportedly stated that Samourai Wallet, a […]
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