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unlicensed money transmitting business

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Coverage Timeline

2025-01-28
Bloomberg 6 related

KuCoin pleads guilty to having an unlicensed money transmitting business, agreeing to ~$300M in fines and forfeitures, in a case brought by US federal attorneys

it's about looking ahead with renewed [image] @kaiz3ns : RIP to my Kucoin gems. That VRA bag will never recover now. Jack Frost / @___jackals : RIP kucoin you were my back-alley hoe & i'll never forge...

2023-09-09
CoinDesk 16 related

Former FTX Digital Markets co-CEO Ryan Salame pleads guilty to US campaign finance and money transmitting charges and will forfeit $1.5B+ as part of the deal

The 10-page federal indictment against Ryan Salame just dropped. Salame pleads guilty to two charges: 1. Conspiracy to Make Unlawful Political Contributions and Defraud the FEC 2. Conspiracy to Operat...

2023-01-19
Reuters 30 related

The US Treasury's FinCEN unit labels crypto exchange Bitzlato as a “money laundering concern” related to Russian illicit finance; French police seize Bitzlato

wherever they are. https://www.reuters.com/... Jameson Lopp / @lopp : Nobody knows what Bitzlato was because criminal activity is (estimated to be) less than 1% of crypto transaction volume. @fbi : An...

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