The US Deports Denis Dubnikov, Crypto Money Launderer
Russian national Denis Dubnikov, 29, was deported from the Netherlands to the United States this week to face allegations of laundering more than $400,000 in Ryuk earnings. According to the Justice Department, Denis Dubnikov who was recently deported from the Netherlands to Portland, Oregon, entered a not guilty plea to charges of allegedly laundering bitcoin […]
Wife of Detained Tornado Cash is barred from speaking with Him
Ksenia Malik reportedly said that Dutch officials are punishing her husband(the developer of Tornado Cash) as if he “were a dangerous criminal.” Hence, a protest is planned. Alexey Pertsev’s wife, Ksenia Malik, has blasted Dutch police for treating her husband like a “dangerous criminal” after his detention last week and that the development of open-source […]
Three Nigerians Allegedly Use Money Laundering Proceeds To Buy Bitcoins Worth Over $43 Million – Report Reveals
Three Nigerians are accused of using money laundering proceeds to purchase Bitcoin worth more than $43 million from cryptocurrency exchange platforms such as Binance and Busha. According to a report, Interpol is attempting to close a case in which three Nigerian nationals are suspected of using money laundering proceeds to purchase Bitcoins worth more than […]
Indian Finance Minister calls for globally coordinated approach to crypto regulation
Indian Finance Minister Nirmala Sitharaman has maintained her strong stance on crypto, saying it has a potential for money laundering and financing terrorist groups and urged for a global approach to crypto regulation. During the International Monetary Fund’s (IMF) “Money at a Crossroad” panel discussion, Sitharaman expressed concern about the unregulated crypto market, the use […]
The founders of BitMEX have admitted to violating the Bank Secrecy Act
For BitMEX founders’ roles in violating the Bank Secrecy Act and operating a “money laundering platform,” Arthur Hayes and Benjamin Delo will each have to pay a fine. After a lengthy legal battle with the US Department of Justice, the founders of cryptocurrency exchange BitMEX have pled guilty to breaching the Bank Secrecy Act (DOJ). […]