laundering

KuCoin was ordered by Austria’s FMA to halt business in the EU because of a shortfall in AML and compliance staff. www.coindesk.com

A 22-year-old California man has been sentenced to nearly six years in prison for laundering millions from a $263 million crypto fraud …

In brief Fed Governor Michael Barr called on regulators to implement anti-money-laundering controls for stablecoins following last year’s passage of the GENIUS …

US authorities are determined to convict Tornado Cash founder Roman Storm on two serious charges following a jury deadlock in his four-week …

Hong Kong court jails two mainland Chinese for laundering HK$17.3M in fraud proceeds. Police link 43 bank accounts to 34 fraud cases …

NoOnes founder Ray Youssef is being investigated by the US Department of Justice (DOJ). The probe centers on allegations that Youssef’s peer-to-peer …

In its latest report, the global standard setter FATF said stablecoins now account for the bulk of illicit crypto activity and pose …

The crypto platform’s penalty was sharply reduced due to its ability to pay, according to U.S. authorities. www.coindesk.com

TL;DR Italian tax police raid Triestina Calcio, owned by crypto firm House of Doge, for alleged money laundering and fraud. The probe …

The new president of the Central Bank of Brazil has linked the rapid growth of stablecoins with tax evasion and money laundering. …