Latest News and Articles about Money Laundering
U.S. DOJ Charges Russians for Operating Crypto Mixers Linked to North Korea
U.S. DOJ Charges Russian Nationals in Cryptocurrency Money Laundering Case Involving Crypto Mixers The U.S. Department of Justice has charged three Russian nationals for operating crypto mixers that allegedly laundered money for cybercriminals, including North Korean hackers. Crypto mixers are services that mix different people’s cryptocurrencies together to obscure the trail of transactions, enhancing user […]
Read MoreUS DOJ Targets Blender.io and Sinbad.io Founders in Major Crypto Money Laundering Crackdown
US DOJ Indicts Founders of Blender.io and Sinbad.io Amid Crypto Money Laundering Crackdown In a decisive move to curb cryptocurrency-related crime, the U.S. Department of Justice (DOJ) has indicted the founders of two cryptocurrency mixing services, Blender.io and Sinbad.io, for their alleged involvement in money laundering. This action underscores the ongoing tension between the need […]
Read MoreBank of Italy Labels Bitcoin P2P Services as “Crime-as-a-Service”: Legitimate Concerns or Overreach?
Bank of Italy’s Warning on Bitcoin P2P Services: A Genuine Concern or Regulatory Overreach? The Bank of Italy has caused a stir in the cryptocurrency community by branding Bitcoin peer-to-peer (P2P) services as “crime-as-a-service.” This bold claim arises amidst Bitcoin’s surging global adoption, with the institution pointing out the risks associated with these services, particularly […]
Read More