Britain’s Metropolitan Police have seized a staggering £180 million in cryptocurrency as part of a money laundering investigation. The announcement comes just weeks after Scotland Yard confiscated £114 million in…
UK detectives have seized cryptocurrencies worth nearly £180million, approximately $250 million. A 39-year-old woman was released on bail after under arrested. This seizure becomes the largest on British soil because it tops…
The European Union is preparing to set up an anti-money laundering agency to coordinate national supervisory authorities. According to a media report based on EU documents, the bloc also plans…
Russian IT specialist Alexander Vinnik, who convicted guilty in France on money laundering charges, remained to be jail for five years in prison. However, the Court of Appeal of Paris exempted…
Europol, the EU law agency, cracked down on Vitae, a Belgian Ponzi scheme. Europol raided 17 locations related to the website, promoted as a social media site with its own…
A court of appeals in France has upheld the verdict in the case against BTC-e operator Alexander Vinnik. His lawyers vowed to continue the legal struggle against Vinnik’s return to…
The Financial Action Task Force (FATF) has published the organization’s 12-month review and the research highlights that only 45% of the 128 reporting jurisdictions have complied with AML/CFT policy and…
British police have carried out U.K.’s largest crypto seizure to date. Detectives working on a money laundering case found a staggering £114 million worth of cryptocurrency in a suspect’s account.…
The Bank of International Settlements (BIS) says that it is now clear that cryptocurrencies are not money but speculative assets, emphasizing that in many cases they are used “to facilitate…
When people think about bitcoin’s past they sometimes refer to subjects like Mt Gox, the Silk Road, or the famous pizza transaction. Although, people often forget that the online virtual…