In an operation carried out by the Spanish National Police in Alicante, a Venezuelan citizen was arrested as the leader of the financial apparatus of the 'Kelvin Security', one of the most prominent hacker groups worldwide. This group has perpetrated more than 300 high-profile attacks in the last…
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Browsing Tag
money laundering
Judge accepted Changpeng Zhao’s guilt
At a recent hearing in Seattle District Court, Judge Richard Jones upheld the guilty plea of Changpeng "CZ" Zhao, the founder of Binance, on money laundering charges.
Although the $4.3 billion deal between his exchange and U.S. authorities…
Changpeng Zhao resigns as CEO of Binance
Binance CEO Changpeng Zhao agreed with the Treasury Department and the US Commodity Futures Trading Commission to resign and plead guilty to several crimes.
According to The Wall Street Journal, the agreement between the parties “includes…
FTX founder found guilty of fraud
The New York jury handling the case of Sam Bankman-Fried, founder of the FTX cryptocurrency platform, found him guilty of the seven crimes of fraud and money laundering with which he was charged.
The trial against Bankman-Fried, 31, lasted…
Sam Bankman-Fried pleads not guilty to fraud
October 3 marked the start of the trial against Sam Bankman-Fried, the founder of the cryptocurrency platform FTX, in federal court in Manhattan. This trial focuses on charges of fraud and money laundering. The first session was largely…
Tornado Cash co-founders face money laundering charges
The Tornado Casch crypto platform would have violated the sanctions imposed by the United States a year ago. Two of its co-founders have been accused of this crime and are charged with money laundering.
This Wednesday the charges against…
The FED fines Deutsche Bank 186 million euros
The Federal Reserve of the United States (Fed) has fined the Deutsche Bank group, its division in New York and other subsidiaries in the country with 186.4 million dollars (166.7 million euros) after concluding that the German entity did…
Google Cloud revolutionizes the fight against money laundering with its new service
Google Cloud recently launched its "Anti Money Laundering AI" (AMLAI) service after a successful trial with HSBC, the London-based financial services group.
AMLAI uses machine learning to create risk profiles, monitor transactions, and…
Japan begins enforcement of anti-money laundering regulations in June
Japan will apply stricter measures from June 1 on cryptocurrency transactions in order to combat money laundering in these operations.
This was announced in a report by the Japanese Parliament, which seeks to apply a strong hand to crimes…
Europe limits anonymous cryptocurrency transactions to 1,000 euros
The European Union approved establishing a cap of 1,000 euros on anonymous cryptocurrency transactions with the aim of stopping crimes such as money laundering and financing terrorist acts.
In this sense, "entities, such as banks, asset…
South Korea to launch Virtual Currency Tracking System
This year South Korea will implement the Virtual Currency Monitoring System, according to an announcement by the Ministry of Justice of the Asian country, which will have as its main objective to reduce crimes related to the crypto market,…
United States authorities want to control NFTs to prevent electronic fraud
Amid the indictment of a former OpenSea employee for alleged insider trading, US authorities are seeking ways to establish controls over NFTs. For this, they want to classify them as values.
Recently, during a presentation before the court…