Top 5 South Korean Crypto Exchanges Reveal Compliance Strategies to Curb Illicit Activities
According to an announcement printed by the South Korean Financial Services Commission (FSC), the entity’s Korea Financial Intelligence Unit held a gathering with digital asset...
NY Couple to Forfeit Billions in Crypto and Cash in Plea Deal Over Bitfinex Hack Laundering Case
Ilya Lichtenstein and Heather Morgan, the New York-based couple implicated within the alleged laundering of $4.5 billion in bitcoin pilfered from the 2016 Bitfinex cyber-attack,...
Kuwait Capital Markets Authority Reaffirms Comprehensive Crypto Asset Ban
In a round launched by the Capital Markets Authority of Kuwait, the regulator reaffirmed its place that Kuwait strictly prohibits using digital currencies and bans...
Binance Reportedly Lays Off Over 1,000 Employees, CZ Says Exchange Is Hiring
Leading crypto alternate Binance has reduce tons of of jobs after a string of govt exits, based on a media report. The information, which comes...
Alleged Admin of Darknet Marketplace Monopoly Market Extradited to US
The suspected administrator of the Monopoly Market darknet market has been extradited from Austria to face costs within the U.S. The man, a citizen of...
French Investigation Targets Binance: Allegations of Money Laundering and Regulatory Violations
Binance, the crypto change with the very best commerce quantity globally, is at present dealing with an investigation for suspected cash laundering actions, as reported...
Former SEC Official Predicts Impending DOJ Indictment Against Binance
Former Securities and Exchange Commission (SEC) official John Reed Stark mentioned on Sunday through Twitter that he believes the U.S. Department of Justice (DOJ) has...
Two Russians Charged for Infiltrating Mt Gox and Operating Illicit Crypto Exchange, BTC-e
In a press release issued on Friday, the U.S. Department of Justice (DOJ) revealed that two Russian people have been accused of infiltrating a cryptocurrency...
Crypto Exchange Bkex Suspends Withdrawals Amid Money Laundering Incident
Bkex, a crypto change primarily based within the British Virgin Islands, has suspended withdrawals because of an allegation {that a} person’s “funds have been concerned...
Japan to Apply Tougher Crypto AML Regulations, ‘Travel Rule’ in June
Stricter anti-money laundering (AML) measures for the crypto sector in Japan will enter into pressure subsequent month, native media reported. The new guidelines have been...