カテゴリー: Money Laundering

CEO of Romanian Exchange Coinflux Arrested on US Warrant

CEO of Romanian Exchange Coinflux Arrested on US WarrantPolice in Romania have detained the founder and CEO of Coinflux, one of the country’s major cryptocurrency exchanges. Vlad Nistor has been arrested on a warrant issued by U.S. authorities accusing him of a number of crimes, including the defrauding of American citizens. A court in Bucharest is currently reviewing the extradition request. Also read: […]

The post CEO of Romanian Exchange Coinflux Arrested on US Warrant appeared first on Bitcoin News.

Netherlands to Regulate Cryptocurrencies in Bid to Curb Money Laundering

The Netherlands to Regulate Cryptocurrencies to Curb Money LaunderingThe Netherlands is seeking to regulate cryptocurrency companies, supposedly in a bid to prevent money laundering and alleged terrorist financing. All virtual currency businesses will now be required to obtain an operating license from De Nederlandsche Bank, the country’s central bank, under draft legislation designed to prevent crypto assets such as BTC from being used […]

The post Netherlands to Regulate Cryptocurrencies in Bid to Curb Money Laundering appeared first on Bitcoin News.

US Law Enforcement Wants Blockchain Surveillance Tools for Privacy Coins

US Law Enforcement Wants Blockchain Surveillance Tools for Privacy CoinsThe U.S. Department of Homeland Security (DHS) has published its 2019 fiscal year pre-solicitation document. Throughout the 27-page letter, the organization explains that it wants to dedicate resources toward creating blockchain forensic applications that can analyze privacy-centric digital asset movements. Prior efforts have addressed bitcoin analytics and now the agency wants surveillance tools for cryptocurrencies […]

The post US Law Enforcement Wants Blockchain Surveillance Tools for Privacy Coins appeared first on Bitcoin News.

Deutsche Bank Headquarters Raided by 170 Police Officers Over Money Laundering

Deutsche Bank Headquarters Raided by 170 Police Officers Over Money LaunderingDeutsche Bank’s headquarters and five other offices have been raided by 170 police officers, prosecutors, and tax inspectors over money laundering allegations. The bank’s written and electronic business documents were reportedly seized. Its employees allegedly helped clients set up offshore companies to launder money. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive […]

The post Deutsche Bank Headquarters Raided by 170 Police Officers Over Money Laundering appeared first on Bitcoin News.

Court Drops Charges Against Alleged Btc-e Operator Alexander Vinnik

The lawsuit against alleged Btc-e operator Alexander Vinnik for “fraud, money laundering, and other grave crimes” filed in Cyprus has reportedly been dropped. His lawyer says the case “fell apart at the very early stage” at the initiative of the plaintiffs themselves. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations Lawsuit […]

The post Court Drops Charges Against Alleged Btc-e Operator Alexander Vinnik appeared first on Bitcoin News.

Court Drops Charges Against Alleged Btc-e Operator Alexander Vinnik

The lawsuit against alleged Btc-e operator Alexander Vinnik for “fraud, money laundering, and other grave crimes” filed in Cyprus has reportedly been dropped. His lawyer says the case “fell apart at the very early stage” at the initiative of the plaintiffs themselves. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations Lawsuit […]

The post Court Drops Charges Against Alleged Btc-e Operator Alexander Vinnik appeared first on Bitcoin News.

BTC-e Operator Alexander Vinnik to Go on Hunger Strike, Lawyer Says

Vinnik to Go on Hunger Strike, Lawyer SaysAlexander Vinnik, the suspected operator of the infamous BTC-e exchange, plans to start a hunger strike on Monday, days before his next court hearing. The Russian, who has been accused by U.S. authorities of laundering billions of dollars through the now-defunct crypto trading platform, fears he is not going to receive a fair trial.   […]

The post BTC-e Operator Alexander Vinnik to Go on Hunger Strike, Lawyer Says appeared first on Bitcoin News.

Spain Monitors 15,000 Cryptocurrency Investors to Curb Tax Evasion

Spain Monitors 15,000 Cryptocurrency Investors to Curb Tax EvasionSpain’s Ministry of the Treasury has identified 15,000 cryptocurrency investors it will monitor to prevent tax evasion and money laundering, according to local media reports. The ministry has vowed to ensure that the investors pay taxes on capital gains from digital currency transactions and that they declare any other benefits accrued from trading. Also Read: KPMG: […]

The post Spain Monitors 15,000 Cryptocurrency Investors to Curb Tax Evasion appeared first on Bitcoin News.

Bahamas Releases Discussion Paper on Crypto-Asset Regulation

Bahamas Releases Discussion Paper on Cryptoassets RegulationThe Central Bank of The Bahamas (CBOB) has released a discussion paper proposing how it intends to regulate digital assets. This includes initial coin offerings as part of efforts to eliminate the alleged threat of tax evasion, fraud and money laundering. However, when regulation eventually comes, it is likely that only a state-issued cryptocurrency will […]

The post Bahamas Releases Discussion Paper on Crypto-Asset Regulation appeared first on Bitcoin News.

ECB Shuts Down Maltese Bank Over Schemes to Launder Money and Evade US Sanctions

ECB Shuts Down Maltese Bank Over Schemes to Launder Money and Avoid US SanctionsMalta’s Pilatus Bank has been shut down by the European Central Bank (ECB). Its banking license was revoked after its chairman was charged in the U.S. with money laundering and organizing a scheme to evade U.S. sanctions. The bank had also been accused by a murdered journalist of processing corrupt payments. EU authorities now want new […]

The post ECB Shuts Down Maltese Bank Over Schemes to Launder Money and Evade US Sanctions appeared first on Bitcoin News.