Spanish Police Accuse Illegal Drug Vendor of Laundering $3.3M Haul in Crypto

The National Police of Spain said vendors’ “purchase of virtual currency stands out.” They arrested 33 suspects across two parallel raids......»»

Category: forexSource: coindeskJun 30th, 2020

China Police Said to Detain Crypto OTC Traders Amid Money Laundering Crackdown

Chinese police are stepping up efforts in cracking down on illegal economic activities, which now leads to crypto over-the-counter (OTC) traders being detained to assist investigations......»»

Category: forexSource: coindeskJul 2nd, 2020

US Drug Agency Failed to Properly Oversee Crypto Investigations: DOJ Report

The U.S. Drug Enforcement Administration failed to adequately police its undercover agents’ handling of cryptocurrency, a Department of Justice Inspector General report found......»»

Category: forexSource: coindeskJun 17th, 2020

Officials Arrest US Resident for Allegedly Laundering Drug Proceeds With Crypto

A "large-scale" money laundering organization is allegedly using cryptocurrency to wash the proceeds from drug sales, according to a DEA agent's complaint......»»

Category: forexSource: coindeskFeb 20th, 2020

Polish Police Arrest Head of Payment Processor Tied to Bitfinex Crypto Exchange

Polish police arrested Ivan Manuel Molina Lee, president of Crypto Capital, for alleged money laundering......»»

Category: forexSource: coindeskOct 24th, 2019

How Catalonia Remains a Thorn in Spanish Politics

It’s been two years since Catalonia’s then-government tried to stage a breakaway from Spain and riot police clamped down on an illegal referendum. The push for Catalan independence, and how it was quashed, became a global news story. Though for.....»»

Category: topSource: washpostOct 14th, 2019

Key Words: Crypto critic: Trump says he’s not a ‘fan’ of bitcoin or Facebook’s libra

That is the view from U.S. President Donald Trump who went after cryptocurrencies in a pair of wee-hour tweets on Thursday, saying that unregulated assets can “facilitate unlawful behavior, including drug trade and other illegal activity...”.....»»

Category: topSource: marketwatchJul 12th, 2019

Spain: 4 arrests in Venezuelan money laundering probe

Spanish police say they have arrested four people as part of a judicial probe into a money laundering racket allegedly involving funds coming from Venezuela's state-run oil company PDVSA......»»

Category: topSource: foxnewsMay 20th, 2019

Crypto Money Laundering Reports Spiked in Japan Last Year, Police Say

Reports of suspicious cryptocurrency transactions in Japan soared last year, but were a tiny fraction of the overall total......»»

Category: forexSource: coindeskFeb 28th, 2019

An instant chat app promising criminals ‘worry free secure communication’ was hacked by police — here’s how 746 gangsters were arrested.

Police hacked into a WhatsApp-style chat for gangsters and spied on drug dealers, weapons traffickers, and crime lords plotting to execute rivals......»»

Category: topSource: marketwatchJul 3rd, 2020

US Senators Float Bill Requiring Congressional Watchdog to Study Crypto’s Role in Trafficking

Top members of the Senate Banking Committee plan to introduce legislation that would direct the congressional watchdog to study virtual currency’s role in drug and human trafficking......»»

Category: forexSource: coindeskJul 2nd, 2020

US Senators Float Bill Requiring Congressional Watchdog Study Crypto’s Role in Trafficking

Top members of the Senate Banking Committee plan to introduce legislation that would direct the congressional watchdog to study virtual currency’s role in drug and human trafficking......»»

Category: forexSource: coindeskJul 1st, 2020

Hong Kong police make arrests under new security law

The law makes secessionist, subversive, or terrorist activities illegal, as well as foreign intervention in the city's internal affairs.....»»

Category: topSource: foxnewsJul 1st, 2020

New Zealand Police Seize $90M Linked to Alleged BTC-e Exchange Operator

The bank funds are said to be linked to Russian Alexander Vinnik, who allegedly ran the defunct crypto exchange BTC-e......»»

Category: forexSource: coindeskJun 22nd, 2020

Fireblocks Adds Crypto-Tracing Tool to Guard Against Money Laundering

Fireblocks has teamed up with Chainalysis to help flag high-risk transactions passing through its platform......»»

Category: forexSource: coindeskJun 16th, 2020

Crypto Exchange Owner Admits Laundering $1.8M in Online Auctions Fraud

The owner of Romanian crypto exchange CoinFlux has admitted to laundering money in a fraudulent scheme involving fake eBay ads and a car wash......»»

Category: forexSource: coindeskJun 12th, 2020

U.S. states accuse 26 drugmakers of generic drug price fixing in sweeping lawsuit

Twenty-six drug manufacturers were sued on Wednesday by the attorneys general of most U.S. states and several territories, which accused them of conspiring to reduce competition and drive up generic drug prices......»»

Category: topSource: reutersJun 10th, 2020

Chinese Police Freezing OTC Traders’ Bank Accounts Over ‘Tainted’ Crypto Transactions

Thousands of cryptocurrency over-the-counter merchants and their clients may have been affected as police in China freeze bank accounts over tainted crypto and fiat assets......»»

Category: forexSource: coindeskJun 8th, 2020

A single illegal birthday party has been blamed for a spike of coronavirus infections in Spain

Associated Press A single birthday party has been linked to a sudden spike in coronavirus cases in a Spanish town, Every single person who attended the party became infected with the virus. Different regions of Spain have gradually started easing lockdow.....»»

Category: topSource: businessinsiderMay 29th, 2020

Russia Considering Draconian Rules for Illegal Crypto Operations

Harsh new rules for using and issuing digital assets without a license might soon become law in Russia......»»

Category: forexSource: coindeskMay 22nd, 2020

Dutch Central Bank to Crypto Firms: Register in 2 Weeks or Shut Down

Dutch crypto companies must register with the Netherlands’ central bank by May 18 or cease operations immediately as the country enforces new anti-money laundering regulations required by the European Union......»»

Category: forexSource: coindeskMay 5th, 2020