Authorities Dismantle Shadow Bank That Handled ‘Hundreds of Millions’ for Crypto Exchanges
An Arizona Man and an Israeli woman have been charged in connection with providing "shadow banking services" to cryptocurrency exchanges ...
Tag: Money Laundering
Japan Police: 98.3% of Money Laundering Cases Don’t Involve Cryptocurrency
Japan's National Police Agency (NPA) say cases of suspected money laundering reportedly linked to cryptocurrency increased by 900 percent in ...
Florida Judge Overturns Ruling That Bitcoin Isn’t ‘Money’
A Florida appeals court has overturned a ruling that acquitted a Localbitcoins trader of money laundering and working as an ...
Move Over Bitcoin, Criminals Using V-Bucks in Fortnite to Launder Money
Enough already of the tired old rhetoric that Bitcoin is the first choice of criminals for money laundering. Criminals will ...
Deutsche Bank Gets Raided After Calling Bitcoin a Risk for Criminal Activity
Deutsche Bank headquarters got raided this week as another bank that regularly criticizes Bitcoin is again suspected of money laundering. ...
Nordea in Money Laundering Scandal After Calling Bitcoin ‘High-Risk’ for Money Laundering
Nordic banking giant Nordea Bank is allegedly implicated in a multi-million money laundering scandal. Reportedly, the case is related to ...
‘Wildly Inaccurate’: ShapeShift CEO Denounces Wall Street Journal Money Laundering Claims
Cryptocurrency exchange platform ShapeShift formally hit back at what it called an “attack” on its business by the Wall Street ...
DEA: The Number Of Illegal vs. Legal Uses of Bitcoin Has Swapped
If 90 percent of Bitcoin’s applications used to be tied to illegal activities in 2013, today, the cryptocurrency is being ...
