The US Treasury's FinCEN proposes labeling international crypto mixing as a “primary money laundering concern”, citing its use by Hamas and other illicit actors
Under pressure to address reports that Hamas and other terrorist groups are partially funded with crypto …
FinCEN: US financial firms processed ~$1.2B in likely ransomware payments in 2021, up almost 3x YoY; ~75% of H2 2021 ransomware incidents were linked to Russia
- U.S. banks and financial institutions processed more than $1 billion in potential ransomware-related payments in 2021.
BitMEX announces a $100M settlement with the CFTC and FinCEN over shortcomings in its anti-money laundering and know-your-customer oversight systems
Crypto derivatives trading platform BitMEX announced Tuesday it had reached a settlement on civil charges with U.S. authorities.
Square says US FinCEN's proposed cryptocurrency regulation will inhibit widespread adoption of cryptocurrencies and hinder current law enforcement efforts
Square is the latest company to go public with its opposition to proposed rulemaking from the U.S. Financial Crimes Enforcement Network (FinCEN). Source: Square .
How US FinCEN became a honeypot for sensitive personal data, a situation made worse by the banking industry's defensive filing of suspicious activity reports
How US FinCEN became a honeypot for sensitive personal data, a situation made worse by the banking industry's defensive filing of suspicious activity reports
If a despotic government's bank transactions can be leaked, so can yours. — That's perhaps the most overlooked yet unsettling implication … Tweets: @coindesk and @coindesk Tweets: @coindesk : ICYMI:...
US FinCEN says the operator of cryptocurrency mixers Helix and Coin Ninja must pay $60M in fines, after his arrest in Feb., notes this is its first “mixer” fine
FinCEN has fined the operator of early crypto mixers Helix and Coin Ninja for Bank Secrecy Act violations. — 1961 Total views
US Treasury's FinCEN says scammers tried to steal an average of $301M per month via business email compromise scams in 2018, up from $110M per month in 2016
Ionut Ilascu / BleepingComputer :
US Treasury's FinCEN says in letter that its rules apply to those who sell convertible virtual currency including developers and exchanges running ICOs
new from @valkenburgh and a critical read for anyone interested in ICOs http://coincenter.org/...