Payza Faces Major Money Laundering Charges in the US
Most people are familiar with the company Payza. This particular service provider integrated cryptocurrency payments quite some time ago. It now seems the US government has taken a rather …
Tag: Money Laundering
Carders and Money Launderers Target Airbnb Hosts
Money laundering concerns in any industry are not to be trifled with. It is evident any business model relying on payments is susceptible to such criminal activity. If The Daily Beast is …
Swiss JPMorgan Subsidiary Charged With Money Laundering
It turns out karma is a very real thing. Not too long ago, JPMorgan Chase CEO Jamie Dimon called Bitcoin a tool for money laundering and made some other …
Three in Four Money Laundering Cases Involve Digital Currencies, FBI Sources Claim
Everyone involved in the world of Bitcoin and cryptocurrency will readily agree there are plenty of challenges ahead. While most of the opposition comes from external forces, the currencies …
DoJ Dedicates Resources To Keep HSBC’s Money Laundering Report From The Public
Over the past few years, there has been a lot of talk about how bitcoin is used for money laundering purposes. A sit turns out, cryptocurrency is not suited …
UK Government Can Seize All “Suspicious” Assets Under Criminal Finances Bill
Money laundering is a serious offense, and governments do not take these matters lightly. In the United Kingdom a new law was introduced which allows suspicious funds to be …
More Than A Dozen Swiss Banks Under Investigation For Money Laundering
Money laundering in the financial sector is nothing new under the sun. A new report makes mention of how as many as 15 Swiss banks could be involved in …
Criminals Launder Money Through Virtual Game Currencies, Rather Than Bitcoin
As it turns out, money laundering goes well beyond traditional finance and even cryptocurrency. Online criminals are, according to a Trend Micro report, using online video game currencies to …
Two Dutch Brothers Facing Charges for Bitcoin Mining with Stolen Power
September 22, 2016
Crypto, Finance, News, Technology
Two brothers from the Netherlands are facing prison time for using stolen power to run a bitcoin mining operation. Prosecutors in the Netherlands say the computers were used to …