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money laundering

Woman Allegedly Involved in $4,000,000,000 ‘OneCoin’ Scheme Hit With Fraud Charges by the DOJ

The U.S. Department of Justice (DOJ) is charging a Bulgarian woman with fraud for allegedly playing a role in a…

March 22, 2023

‘Cryptoqueen’ Boyfriend Sentenced to Five Years in Prison for Laundering $300,000,000 in Crypto

The ex-boyfriend of the infamous “Cryptoqueen” has been sentenced to five years in prison for laundering hundreds of millions of…

February 20, 2023

Ohio Man Steals Over $12,000,000 in Bitcoin (BTC) From IRS, Faces 40 Years in Prison: Report

An Ohio man is facing decades in prison after pleading guilty to stealing millions of dollars worth of Bitcoin (BTC)…

January 8, 2023

Senator Warren Leads New Crypto Crackdown, Says ‘Rogue Nations’ Using Crypto for Terrorism and Sanctions Evasion

Senator Elizabeth Warren is leading a new regulatory campaign for crypto as she says entities are using the technology to…

December 14, 2022

Man Faces 25 Years Behind Bars for Illegally Converting Bitcoin (BTC) to US Dollars in Money Laundering Scheme

A man from New York is facing 25 years in prison after being convicted of running an unlicensed money transmitting…

October 16, 2022

U.S. Department of Justice Requests Records on Binance and CEO Changpeng Zhao in Money Laundering Probe: Report

The money laundering section of the U.S. Department of Justice (DOJ) is reportedly probing into the records of crypto exchange…

September 2, 2022

Bad Actors Have Stolen More Than $100,000,000 Worth of NFTs Since Last Year: Crypto Analytics Firm

New data from a prominent crypto intelligence firm is revealing that criminals have stolen over a hundred million dollars worth…

August 25, 2022

Kraken CEO Jesse Powell Says Crypto Exchange Will Be Forced To Freeze Funds Coming From Tornado Cash

Kraken CEO Jesse Powell says that the US government's decision to sanction Tornado Cash leaves the crypto exchange with no…

August 18, 2022

Suspected Developer of Crypto Mixer Tornado Cash Arrested in Netherlands for Alleged Money Laundering

The suspected developer of recently-banned crypto mixer Tornado Cash is reportedly being arrested in Amsterdam over an alleged money laundering…

August 12, 2022

Cyber Criminals Using Crypto Mixing Services at Record Rates, According to Chainalysis

New data from market intelligence firm Chainalysis reveals bad actors are using crypto mixing services at unprecedented rates. According to…

July 16, 2022