Tag: money laundering
EU Lawmakers Vote for Three Major Texts in Anti-Money Laundering Package That Also Targets Crypto
Lawmakers voted 71 in favor (four abstentions, nine against) for the provisional agreement on the regulation for the prevention of the use of the fina [...]
ASIC seeks court order to wind up CFDs broker Prospero Markets
Australia financial regulator ASIC has announced that it has applied to the Federal Court to wind up retail OTC derivative issuer Prospero [...]
Elizabeth Warren Says Crypto Needs to Follow the Same Rules as Rest of Financial System
"I wanna collaborate with the industry, what I don't understand is why the industry seems to be saying that they only way that they can survive is if [...]
Crypto Money Laundering Dropped 30% Last Year, Chainalysis Says
Chainalysis said $22.2 billion was laundered via crypto in 2023, down from $31.5 billion the year before. The drop was steeper than the decrease in tr [...]
Man Behind Defunct BTC-e Exchange Once Popular with Criminals Faces U.S. Charges
One of the men behind BTC-e, a now-defunct crypto exchange once popular with cybercriminals and money launderers, has been arrested and charged in the [...]
UK Police Seize Nearly $1.8B of Bitcoin (BTC) From Investment Fraud in China: FT
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Nigeria (NGN/USD) Brings Naira Forex Into Open to Defeat Street Market
Nigeria is bringing foreign-exchange trading back into public view, the latest step in its bid to narrow the gap between the official and unofficial r [...]
Debunking Bitcoin Myths in the Wake of 2023 Crypto Market Recovery and Regulatory Evolution
Since 2014, there has been a significant effort to develop and implement infrastructure to prevent, detect and investigate bitcoin and other crypto tr [...]
Prospero Markets has its ASIC AFS license suspended
Following our FNG Exclusive report from last month that Australia police had raided the offices of ASIC licensed Retail FX and CFDs brok [...]
Alleged Crypto Investment Scam Worth $80M Sees Four People Charged With Money Laundering in U.S.
The four allegedly obtained the money through so-called pig-butchering and other fraudulent schemes.
www.coindesk.com [...]
Phala Phala Farm: S. Africa SARB Says Can’t Conclude Ramaphosa Broke Forex Rules
The South African Reserve Bank, after a yearlong investigation, couldn’t conclude if President Cyril Ramaphosa broke the law when he kept foreign curr [...]
ED searches cos for forex violations, money laundering
Mumbai: The Enforcement Directorate (ED) Friday conducted searches at half a dozen firms for alleged forex violations and money laundering. Official s [...]
ED questions Tina Ambani in alleged forex violation case
Mumbai: Tina Ambani, wife of Reliance ADA Group chairman Anil Ambani, was questioned by the Enforcement Directorate (ED) on Tuesday in an alleged fore [...]
Xiaomi accuses ED of ‘physical violence’ threats during forex investigation
Chinese smartphone maker Xiaomi Corp has alleged its top executives faced threat [...]