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#policy #crime #sanctions #legal #ofac #anti-money laundering #department-of-treasury #money-laundering

OFAC sanctioned a Sinaloa Cartel-linked cash-to-crypto network accused of laundering fentanyl proceeds through cryptocurrency transfers.

#policy #crime #legal #lawsuits #anti-money laundering #sentencing #crypto-exchange #money-laundering

A US court sentenced Maximilien de Hoop Cartier to 8 years for operating an unlicensed crypto exchange that laundered more than $470 million.

#ethereum #defi #security #exploits #hacks #thorchain #smart contracts #assets #arbitrum #crypto crime #kelp dao #crypto ecosystems #layer 1s #layer 2s and scaling #defi-hacks #defi-exploits #money-laundering

Wallets tied to the approximate $292 million Kelp DAO exploit have begun moving funds across chains following Arbitrum’s ETH freeze.