money laundering

A US Court  (Sasun Bughdaryan/ Unsplash)
OneCoin Co-Conspirator Frank Schneider Faces Money-Laundering Charges
The charges were revealed in an indictment that was unveiled this week.
A US Court  (Sasun Bughdaryan/ Unsplash)

CDCROP: Belgium, Bruxelles, European Union palaces (Getty Images)
EU Crypto, NFT Providers Must Report Tax Details Under Leaked EU Plan
A draft bill seen by CoinDesk also covers stablecoins, derivatives and companies outside the bloc.
CDCROP: Belgium, Bruxelles, European Union palaces (Getty Images)

CDCROP: Courthouse in ‘S Hertogenbosch, Netherlands, where Alexey Pertsev was tried (Jack Schickler/CoinDesk)
3 Things We Learned at Tornado Cash Dev Alexey Pertsev's Trial
The prosecution said little about free speech during the trail of the Tornado Cash privacy protocol developer. The focus may be on the mechanics of DeFi.
CDCROP: Courthouse in ‘S Hertogenbosch, Netherlands, where Alexey Pertsev was tried (Jack Schickler/CoinDesk)

CDCROP: Free Alex Pertsev poster spotted outside the courthouse (Jack Schickler/CoinDesk)
Tornado Cash Developer Alexey Pertsev to Remain in Jail Until at Least Late Februrary
Pertsev, a Russian national living in the Netherlands, has been accused of facilitating money laundering by developing the now sanctioned app
CDCROP: Free Alex Pertsev poster spotted outside the courthouse (Jack Schickler/CoinDesk)

CDCROP: keys, credit card, computer keyboard (Getty Images)
Privacy-Enhancing Crypto Coins Could Be Banned Under Leaked EU Plans
Crypto providers would be forbidden from touching the likes of monero or dash under proposed government amendments to anti-money laundering rules.
CDCROP: keys, credit card, computer keyboard (Getty Images)

Switzerland (Tim Trad/Unsplash)
Switzerland Sticks to Tougher ID Checks for Crypto to Cash Transactions
Customers will be subject to the checks if they make transactions that total $1,000 or more over the course of a month.
Switzerland (Tim Trad/Unsplash)

CDCROP: BILLIONS David Costabile, Damian Lewis and Maggie Siff (Jeff Neumann/Showtime)
Ugly Bargains Between Banks and Regulators Are Rearing Their Head Again
The "know your customer" and anti-money laundering system imposes constraints on financial access and inhibits liberty and privacy, even though the original security intent was reasonable.
CDCROP: BILLIONS David Costabile, Damian Lewis and Maggie Siff (Jeff Neumann/Showtime)

CDCROP: Laptop hacker (Towfiqu Barbhuiya/Unsplash)
US Officials Charge California Resident With Using Bitcoin to Launder $5.3M in Drug Proceeds
Federal officials alleged that John Khuu sold fake drugs for cryptocurrency, making over $5 million in the process.
CDCROP: Laptop hacker (Towfiqu Barbhuiya/Unsplash)

(Nikolas Noonan/Unsplash, modified by CoinDesk)
How to Stop Illegal Activity on Tornado Cash (Without Using Sanctions)
Rather than sanctioning code, U.S. authorities should have targeted the human intermediaries.
(Nikolas Noonan/Unsplash, modified by CoinDesk)

CDCROP: Man wearing headphones sits at computer coding (Unsplash)
India's Enforcement Directorate Freezes $1.5M in Bitcoin in Gaming App E-Nuggets Case
The agency has been conducting several search operations related to an "illegal loan apps" scam with China links .
CDCROP: Man wearing headphones sits at computer coding (Unsplash)