Money Laundering

The U.S. House of Representatives passed a narrow bill to address crypto use in illicit finance. (Jesse Hamilton/CoinDesk)
U.S. House Passes Crypto Illicit Finance Bill That's Likely to be Rebuffed in Senate
The legislation would set up a federal group to assess crypto in terrorism and illicit finance and make recommendations for heading it off, but the bill isn't expected to clea...
The U.S. House of Representatives passed a narrow bill to address crypto use in illicit finance. (Jesse Hamilton/CoinDesk)

Chainalysis find conventional money launderers' footprints in crypto. (Unsplash)
Traditional Money Launderers Appear to Be Using Crypto, Chainalysis Says
The crypto tracing company's latest report shines a light on potential money laundering.
Chainalysis find conventional money launderers' footprints in crypto. (Unsplash)

Tigran Gambaryan, Binance's head of crime compliance, is being held in Nigeria. (Shutterstock/Consensus)
Binance Executive's Health Deteriorates in Jail as Nigeria Money-Laundering Trial Proceeds
The first Securities and Exchange Commission witness has been cross-examined and the money laundering trial adjourned till July 5.
Tigran Gambaryan, Binance's head of crime compliance, is being held in Nigeria. (Shutterstock/Consensus)

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British-Chinese Money Launder Sentenced to 6 Years in Prison for Role in $6B Fraud: FT
Jian Wen, 42, who was alleged to have carrying out the laundering on behalf of her former boss, was found guilty in March
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Tigran Gambaryan, Binance's head of crime compliance, is one of two executives detained in Nigeria. (Shutterstock/Consensus)
Binance Money Laundering Trial in Nigeria Pushed to June 20 Due to Executive’s Illness
Binance's head of financial crimes compliance Tigran Gambaryan is seriously ill, his lawyers said.
Tigran Gambaryan, Binance's head of crime compliance, is one of two executives detained in Nigeria. (Shutterstock/Consensus)

Free Alex Pertsev poster spotted outside the courthouse (Jack Schickler/CoinDesk)
Crypto Community Voices Outrage at Tornado Cash Developer Verdict
Alexey Pertsev, a developer of Tornado Cash, was sentenced to 64 months in prison for money laundering.
Free Alex Pertsev poster spotted outside the courthouse (Jack Schickler/CoinDesk)

Free Alex Pertsev poster spotted outside the courthouse (Jack Schickler/CoinDesk)
Tornado Cash Developer Alexey Pertsev Appeals Guilty Verdict
Pertsev was found guilty of money laundering on Tuesday by a Dutch judge.
Free Alex Pertsev poster spotted outside the courthouse (Jack Schickler/CoinDesk)

Democrats in the House of Representatives say they'll push a bill to target money laundering in crypto mixing services. (Jesse Hamilton/CoinDesk)
Crypto Mixers Targeted in U.S. House Democrats' Effort to 'Clamp Down' on Money Laundering
New legislation is on the way to target mixers as money-laundering tools, according to Rep. Sean Casten, who also highlighted Tether as the favorite token for illicit finance.
Democrats in the House of Representatives say they'll push a bill to target money laundering in crypto mixing services. (Jesse Hamilton/CoinDesk)

Elliptic co-founder Tom Robinson (center) is one of the authors of the AI research paper (CoinDesk archives)
Blockchain Sleuth Elliptic Explores AI and Anti-Money Laundering Using 200M Bitcoin Transactions
Patterns of illicit activity involving groups of bitcoin nodes and chains of transactions are described in a research paper by Elliptic and MIT-IBM Watson AI Lab.
Elliptic co-founder Tom Robinson (center) is one of the authors of the AI research paper (CoinDesk archives)

Jebara Igbara was sentenced to 7 years in prison. (Sasun Bughdaryan / Unsplash)
Jebara Igbara, AKA 'Jay Mazini,' Sentenced to 7 Years in Prison for Crypto-Related Fraud
Igbara perpetrated multiple fraud schemes and scammed investors of at least $8 million.
Jebara Igbara was sentenced to 7 years in prison. (Sasun Bughdaryan / Unsplash)