More than 50 potential tax crimes have been identified by international tax officials. Official investigations could begin in the next few weeks.
Binance, a crypto giant, kept weak money-laundering records
Binance stated publicly that it welcomes government oversight. Reuters found that the company was also withholding information from regulators, retaining weak customer checks, and acting against its own compliance department’s
Gibraltar is set to be the first global cryptocurrency hub
If the complex regulations of the crypto hub fail, it could cause damage to Territory’s financial industry and diplomatic sanctions
SFO launches money-laundering investigation into £150m leasehold investments schemes
After a dawn raid, the UK’s Serious Fraud Office launched a fraud-and-money laundering investigation into two companies. These companies are suspected of misleading investors by funnelling around £150m in fraudulent
Europol Busts Cryptocurrency Drug Money Laundering Ring
A joint operation between global law enforcement agencies and Europol has put an end to a criminal ring that used cryptocurrencies including bitcoin to launder drug money through a