Money Laundering News

An advertisement in Times Square in New York accused Tether of corruption and aiding illegal activities. Fox News journalist Eleanor Terrett twitted a photo of a massive billboard in the middle of Times Square. She noted that this action is…

Bill Guan, the chief financial officer of The Epoch Times, a far-right international media company, is accused of taking part in a multi-million crypto laundering scheme. U.S. federal prosecutors unsealed an indictment on Jun. 3, charging Weidong “Bill” Guan, the…

Jian Wen, a 42-year-old British-Chinese woman, has been handed a sentence of six years and eight months in prison for her involvement in a 61,000 Bitcoins (BTC) money laundering scheme valued at around $4 billion.

A Federal High Court in Abuja has denied bail to Tigran Gambaryan, a Binance executive, who faces charges of money laundering and tax violations in Nigeria. Justice Emeka Nwite ruled against granting Gambaryan bail on Friday, citing the executive’s potential…

Alexey Pertsev has been sentenced to 64 months in prison over his involvement in developing the Ethereum privacy tool Tornado Cash. 

FINTRAC has imposed a substantial fine on cryptocurrency exchange Binance for allegedly violating anti-money laundering regulations.

The UK Treasury presented a report on the department's work over the past two years, highlighting the risks associated with crypto.

A New York woman gets 18 years in prison for laundering $12,000 in Bitcoin to fund a terrorist group in Syria. Victoria Jacobs, also known as Bakhrom Talipov, 44, was sentenced to 18 years in prison by a New York…

Samourai Wallet founders Keonne Rodriguez and William Lonergan Hill have been arrested by U.S. authorities for laundering over $100 million.

Nigerian authorities arraigned Binance executive Tigran Gambaryan before an Abuja High Court on April 8, where the employee denied allegations and applied for bail.

Lithuania is set to sharply reduce the number of crypto firms in the country as it tightens regulations and issues licenses next year. In a Bloomberg interview on Apr. 2, Simonas Krėpšta, a board member at the Bank of Lithuania,…

Roman Storm, co-founder of Tornado Cash, seeks to dismiss charges accusing him of running a money laundering operation and violating the International Emergency Economic Powers Act.

The U.S. Department of Justice alleges that KuCoin and its two founders were knowingly involved in money laundering.

The EU has introduced a new directive that outlaws transactions using anonymous, privately managed crypto wallets for any transaction value.

Exploiters who hacked Heco Bridge laundered the stolen assets through the controversial cryptocurrency mixer Tornado Cash.

In a move aimed at bolstering ties with law enforcement in handling crypto-related crimes, Binance conducted a virtual assets law enforcement workshop for the officers of the Keelung District Prosecutors Office in Taiwan. The event, announced on March 13, reflects…