At Least $540m Laundered Through RenBridge Defi Platform, Claims Study
Another blockchain bridge comes under fire for its alleged role in money laundering schemes, highlighting …
Cryptos Still Pose Huge AML Risk, Warn Experts
Cryptocurrencies could yet bolster the fight against money laundering, but unregulated digital currency exchanges and …
OFAC Sanctions Two Connected To North Korean Crypto Theft
The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) has this week sanctioned two …
U.S. Crypto Expert Accused Of Helping North Korea Evade Sanctions
An Ethereum Foundation employee has been arrested by U.S. authorities for allegedly teaching attendees of …
Bittrex Gets U.S. Approval To Unfreeze Sanctioned Users
The Office of Foreign Assets Control (OFAC) has granted U.S. cryptocurrency exchange Bittrex a license …
Pakistan Gets FATF Lifeline As Iceland Joins Watchlist
Pakistan has been granted a further lifeline by the Financial Action Task Force (FATF) to …
UK Official: State-Sponsored Hacking, Ransomware Top Threats To Financial Firms
A director of the UK’s cyber-crime defence unit has told financial firms that state-sponsored hackers …
Navigating Maritime Sanctions Leaves Banks In Choppy Waters
Banks and other financial institutions are failing to grapple with the complex task of ensuring …
North Korea Eyeing Crypto To Evade Sanctions, Report Warns
North Korea appears to be stepping up efforts to circumvent sanctions by performing an end-run …