In a significant crackdown, the Nigerian government has frozen four cryptocurrency wallets holding over $37 million in Tether’s USDT stablecoin, according to a report from Premium Times. The Economic and...Read More
A Chinese national has been sentenced to prison for her involvement in laundering proceeds from a multi-billion dollar fraud scheme. Wen Jian received a six-year and eight-month prison sentence on...Read More
United States authorities have arrested two individuals accused of orchestrating a money laundering operation that funneled over $73 million through U.S. financial institutions and converted the funds into Tether (USDT)...Read More
Alexey Pertsev, a developer of the controversial cryptocurrency mixer Tornado Cash, has been sentenced to 64 months in prison for laundering billions of dollars. The sentencing was announced by the...Read More
Binance’s billionaire founder, Changpeng Zhao, faced a decisive courtroom verdict on Tuesday as he was sentenced to four months in prison after pleading guilty to charges related to enabling money...Read More
Report has it that Changpeng Zhao, the once-renowned founder and former CEO of Binance, is anxiously awaiting his fate as he heads to a Seattle courtroom for sentencing on Tuesday....Read More
According to recent reports, binance executive, Tigran Gambaryan, found himself remanded in the Kuje correctional centre by a Federal High Court in Abuja pending the determination of his bail application,...Read More
In response to the escalating use of crypto-mixing services for illicit activities, the South Korean government is contemplating the implementation of sanctions, mirroring steps taken by the United States. According...Read More
Three individuals—Zhong Shi Gao, Naifeng Xu, and Fei Jiang—have been accused by the U.S. Department of Justice of laundering over $10 million in cryptocurrency. If found guilty, these individuals might...Read More
According to a Cointelegraph report, Roman Storm, one of the co-founders of Tornado Cash, a popular privacy-focused cryptocurrency mixer, is currently facing charges related to money laundering and sanctions violations....Read More
