cryptocurrency money laundering

AML Bitcoin Founder Sentenced to 7 Years for $10 Million Crypto Fraud and Money Laundering

The founder of AML Bitcoin has received a seven-year prison sentence for orchestrating a $10 million cryptocurrency fraud and money laundering operation. This conviction highlights intensified regulatory scrutiny and enforcement of anti-money laundering (AML) laws across the cryptocurrency industry. Experts… Read More »AML Bitcoin Founder Sentenced to 7 Years for $10 Million Crypto Fraud and Money Laundering

Tornado Cash Founder Roman Storm Faces Money Laundering and Obfuscation Allegations

Tornado Cash co-founder Roman Storm stands accused of orchestrating multi-million dollar transactions through Binance while coordinating offshore financial activities to obscure fund flows. IRS testimony presented in court alleges Storm exercised control over substantial transfers, including $2.6 million moved to… Read More »Tornado Cash Founder Roman Storm Faces Money Laundering and Obfuscation Allegations

US Authorities Seize $10 Million in Cryptocurrency Linked to Sinaloa Cartel Operation

In a significant blow to organized crime finances, federal agents have seized over $10 million in cryptocurrency connected to the Sinaloa cartel. This operation, conducted jointly by the DEA and FBI in Miami, successfully disrupted sophisticated money laundering channels used… Read More »US Authorities Seize $10 Million in Cryptocurrency Linked to Sinaloa Cartel Operation