Tag: laundering
This Country Is Preparing To Take Tough Measures To Prevent Money Laundering In The Crypto Industry!
Japan, Financial Action Task Force (FATF) including the adoption of the “travel rule” proposed by cryptocurrency tougher money laundering in the currency industry (AML) preparing to implement the law. Japan…
FDP wants to bundle fight against money laundering in a special “anti-mafia unit”.
Members of a special customs unit to combat organized crime and money laundering The Liberals see room for improvement in the fight against organized crime. (Photo: dpa) Berlin In the…
Money Laundering Investigation Before Closed To Crypto-Friendly Signature Bank
It turned out that US crypto-friendly Signature Bank was under investigation by two US government agencies shortly before it was shut down. Bloomberg cited testimonies from sources familiar with the…
India Covered Cryptocurrencies Money Laundering!
In the South Asian country, which is frequently on the agenda with the news of regulation and taxation, cryptocurrencies finally “anti-money laundering measure” included in the legislation. As a result…
Why money laundering with emission certificates is lucrative
Niederaussem power plant in North Rhine-Westphalia Some market participants do opaque deals with pollution certificates. (Photo: imago/blickwinkel) Munich People with questionable offers like to get in touch with Michael Kroehnert.…
A Money Laundering Investigation From The USA Also To The NFT Project
Known for its resemblance to the Doodles collection in terms of design, the creators of the Squiggles NFT collection were charged with money laundering and bank fraud by a US…
Allegedly Using Papara for Money Laundering
The world’s most popular instant messaging application WhatsApp and electronic payment platform Papara have now become tools for those who want to launder money. The new method of fraudsters became…
Money laundering ruling puts Turkish gold bar maker under pressure
gold bar When purchasing investment gold from private investors, banks and dealers must already require proof of origin for amounts of EUR 2,000. (Photo: dpa) Zurich, Berlin It is not…
New Bill Against Money Laundering with Cryptocurrency in the USA
US senators Elizabeth Warren and Roger Marshall have prepared a new bill to combat money laundering through cryptocurrencies. In the bill submitted by Democratic Party member Warren and Republican Party…
Danske Bank pleads guilty to US money laundering scandal
Thanks Bank A branch of the bank in Tallinn, Estonia, which has since closed. (Photo: dpa) Washington In one of the largest money laundering scandals in the world, the Danish…
FTX Founder Bankman-Fried Accused of Money Laundering
Sam Bankman-Fried, founder of FTX, is formally charged with fraud and money laundering in the US. The Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) in…
Statement from Binance on Money Laundering Investigation
Binance made a statement about the news of Reuters’ money laundering investigation about the platform. The exchange denied the allegations. The world’s largest cryptocurrency exchange, Binance, came to the fore…
$1.7 Billion Money Laundering Gang Dismantled With Cryptocurrencies
Chinese Police have busted a gang that laundered $1.7 billion worth of money using cryptocurrencies. a local news agency 10 december According to the news published on attached to china…
A cash cap is the wrong way to fight money laundering
Action against money laundering An activist from the Finanzwende citizens’ movement protested in front of the Treasury Ministry in August demanding stronger crackdowns on financial crime. (Photo: dpa) If the…
Interior Minister Faeser wants to intensify the fight against money laundering
Berlin Federal Interior Minister Nancy Faeser (SPD) has announced a tougher approach to combating organized crime. “I support the introduction of a general cash limit of 10,000 euros,” said Faeser…
Faeser specifies traffic light plans against money laundering
Berlin Federal Interior Minister Nancy Faeser (SPD) has announced a tougher approach to combating organized crime. “I support the introduction of a general cash limit of 10,000 euros,” said Faeser…
Raid on UBS in Frankfurt – Attorney General investigates suspected money laundering against oligarchs
UBS headquarters in Frankfurt Raid over possible link to Russian oligarch. (Photo: AP) Frankfurt, Zurich Investigators searched branches of the major Swiss bank UBS in Germany on Tuesday. They are…
Justice Department Charges California Drug Dealer With Crypto Money Laundering
The US Department of Justice (DOJ) has accused the Californian drug dealer of allegedly laundering illegally earned proceeds with cryptocurrencies. US Department of Justice Friday, October 7 27-year-old US citizen,…
US Cryptocurrency User Accused of Laundering $5 Million in Money
A California resident, USA, is accused of selling counterfeit medicines worth a total of $5.3 million in exchange for bitcoin. Authorities in the United States, John Khuu, both money laundering…
Japan Wants to Prevent Money Laundering: Legal Responsibilities for Cryptocurrency Exchanges
The Japanese government is preparing to impose new responsibilities on cryptocurrency exchanges in order to prevent money laundering using cryptocurrencies. Nikkei According to the report cited by the news agency,…