Money Laundering

Hong Kong cops bust HK$1.2 billion money-laundering scheme

A money-laundering ring in Hong Kong was discovered by the authorities to be processing HK$1.2 billion worth of illegal money…

1 week ago

BTC-e operator Alexander Vinnik gets five years in jail

 Alexander Vinnik, the founder of BTC-e, a cryptocurrency trading platform taken down by the U.S. government because of its illegal…

4 weeks ago

British authorities foil ‘biggest’ money laundering operation

The Scotland Yard has just announced the successful seizure of £114M worth of bitcoin from an operation suspected to be…

4 weeks ago

Chinese authorities already arrested more than 1,000 individuals over crypto fraud

Chinese authorities, in the midst of an intense crackdown against crypto-related activities, have already busted a network of more than…

1 month ago

U.S. Justice Department sends to prison crypto exchange Herocoin operator

A California man named Kais Mohammad has been sentenced to two years in federal prison by the U.S. Department of…

2 months ago

US seizes millions in cryptocurrency from terrorist groups

The U.S. Department of Justice seized millions in cryptocurrency from three terrorist groups who were using Bitcoin to fund their…

11 months ago