Binance Holdings Ltd., has been directed to pay a substantial $4.3 billion in criminal penalties. This notable ruling, endorsed by US District Judge Richard Jones, represents a significant legal milestone in the United States, revealing the company’s involvement in questionable…
US Seizes Sinbad Crypto Mixer Linked to North Korean Hackers
The U.S. Department of the Treasury has taken a bold step, in sanctioning the Sinbad cryptocurrency mixing service. It stands accused aiding North Korean Lazarus hackers in laundering funds obtained through massive crypto heists. Understanding Sinbad: The Crypto Mixer in…
Three Men Arrested For Complex Bank Fraud And Cryptocurrency Laundering Scheme
In a joint announcement, Damian Williams, the United States Attorney for the Southern District of New York, and James Smith, the Assistant Director in Charge of the New York Field Office of the Federal Bureau of Investigation (FBI) have revealed…
Deutsche Bank Subsidiary Penalized $25 Million for ‘Greenwashing’ and Anti-Money Laundering Breaches
Welcome to our comprehensive article shedding light on the recent fine of $25 million imposed on a Deutsche Bank subsidiary for ‘greenwashing’ and anti-money laundering violations. In this in-depth analysis, we delve into the details of the case, examining the…
Korea Lines up Crypto Anti-Money Laundering Law
The South Korean national assembly is lining up a bill that will provide a legal basis for crypto-currencies in the country. The bill, which has already passed the national assembly’s national policy committee, is only awaiting ratification from the judiciary…
High Stakes Trial of Avi Eisenberg Involves Alleged 110 Million Dollar Theft from Mango Markets Crypto Exchange
In the high-stakes trial of Avi Eisenberg, a 28-year-old trader, federal jurors in New York were presented with divergent narratives regarding his alleged manipulation of the Mango Markets cryptocurrency exchange, resulting in the theft of a staggering $110 million. The…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a transformation that is sending shockwaves through the market. Regardless of whether you are an experienced BTC price speculator or a newcomer to the crypto arena,…
