2023-9-6 19:24 |
Tornado Cash developer Roman Storm pleaded "not guilty" to charges of conspiring to operate a money transmitter or facilitate money laundering and sanctions evasion in a court appearance Wednesday. origin »
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Police in hong kong have taken down a $65 million money laundering network that moved funds through bank accounts, cash exchanges and crypto trades. The post Hong Kong Police Take Down $65 Million Triad Money Laundering Operation appeared first on BeInCrypto.
2023-8-27 19:15 | |
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Tornado Cash developer Roman Storm has been granted bail, as confirmed by his attorney, Brian Klein. Storm, the co-founder of the cryptocurrency mixing service Tornado Cash, was apprehended by the United States Department of Justice (DOJ) on charges including money…
2023-8-25 18:57 | |
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Bitget seized more than $200,000 of my cash. Now its executives won’t tell me what they're doing with it, or if they intend to return it.
2023-8-25 19:06 | |
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Founders of crypto mixer Tornado Cash, Roman Storm and Roman Semenov, are indicted on charges including money laundering, potentially facing 20 years in prison. In the Aug. 23 press release, Roman Storm and Roman Semenov, the developers behind Tornado Cash, have…
2023-8-24 12:52 | |
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US regulators of New York indict founders of Tornado Cash for alleged money laundering operations of up to $1 billion.
2023-8-24 12:02 | |
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DOJ has arrested Storm and is on the lookout for Semenov. Tornado Cash was used in several crypto heists last year. OFAC had sanctioned Tornado Cash in August of 2022. Co-founders of Tornado Cash – a fully decentralised crypto mixer based out of Russia – have been charged with money laundering, as per an indictment […] The post Tornado Cash founders charged with money laundering appeared first on CoinJournal.
2023-8-24 02:15 | |
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Roman Semenov was placed on OFAC's sanctioned persons list and Roman Storm was arrested as the United States continued its crackdown on the crypto mixer.
2023-8-23 22:00 | |
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Tornado Cash developers Roman Storm and Roman Semenov were arrested and charged with money laundering and sanctions violations tied to their work with the privacy mixer which "facilitated more than $1 billion in money laundering" for North Korea's Lazarus Group.
2023-8-23 19:42 | |
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The popular crypto mixer Tornado Cash, which facilitates the anonymity of transactions, has lost a lawsuit over the US Treasury Department’s sanctions. The Treasury’s Office of Foreign Assets Control (OFAC) had accused the mixer one year ago of money laundering.
2023-8-19 20:40 | |
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The USDT issuer Tether says it holds a lot of U.S. Treasuries and made a lot of money last quarter.
2023-8-3 18:38 | |
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The Reserve Bank of New Zealand (RBNZ) is increasing its monitoring of cryptocurrencies and stablecoins, the country’s central bank said on June 30. Ian Woolford, Director of Money and Cash at RBNZ, noted in the statement, “… a regulatory approach isn’t needed right now, but increased vigilance is.
2023-6-30 12:35 | |
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Notable depositors into EigenLayer’s pools include one address that deployed the U.S.-sanctioned Tornado Cash money mixing tool and another address associated with Hassan Bassiri, former vice president of portfolio management at crypto hedge fund Arca, per Nansen.
2023-6-16 21:36 | |
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The U. S. sanction on Tornado Cash is an infringement on free speech, according t0 plaintiffs challenging the sanction. They said the U. S. Treasury has only provided three examples of money launThe post U.
2023-5-25 18:00 | |
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ECB board member Fabio Panetta said the digital euro is necessary as people are increasingly turning to digital currencies and there is a possibility that cash will one day die out. Panetta, who is heading the ECB’s central bank digital currency project, said in an interview with Les Echos that under such a scenario, it […] The post ECB’s Panetta deems digital euro necessary to ensure central bank money dominance appeared first on CryptoSlate.
2023-5-25 22:49 | |
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Lawyers for the privacy protocol developer have disputed the evidence purporting to prove links to criminal money.
2023-5-24 14:42 | |
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The sanctions against Tornado Cash, as well as last year's arrest of the Mango Markets infiltrator, motivate hackers to return their loot, researchers believe.
2023-5-23 00:41 | |
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Digital money is becoming the go-to vehicle for serving people in humanitarian crises. But when disaster victims have no smartphones or bank accounts, aid organizations have to distribute cash more creatively.
2023-4-17 15:15 | |
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American venture capital investor Tim Draper warned business founders to prepare for “more and more” bank failures if the government continues to “print money and whipsaw interest rates.“
2023-3-26 09:09 | |
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The fact that most banks aren’t required to keep your money on hand makes it likely that more bank failures will occur in the months ahead.
2023-3-16 22:16 | |
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Russian banks may currently be cut off from the SWIFT international payments network. But, despite wide-ranging international sanctions against the Kremlin, money keeps flowing between Russia and the West, and a range of brokers are ready to turn Russian rubles into foreign currency abroad, in cash.
2023-3-16 14:00 | |
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The COVID-19 pandemic caused governments and central banks to create a lot of new money, which had significant impacts on the banking industry, asset prices, and the cryptocurrency market.
2023-3-15 23:34 | |
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The early contributor of Tornado Cash built a new crypto mixer called Privacy Pools that addresses the regulators' concerns. The post Tornado Cash 2.0: Privacy Pools Claim to Keep the Money Launders at Bay appeared first on BeInCrypto.
2023-3-6 20:09 | |
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2023-2-24 19:04 | |
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HANetf co-founder & co-CEO Hector McNeil was commenting on the UK Treasury and Bank of England’s recent announcement regarding a digital pound. McNeil says “cash is on decline” and that the “future of finance and money is digital.
2023-2-14 21:16 | |
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The Bank of England and HM Treasury published the consultation paper for a Digital Pound on Tuesday, 7 February 2023. The central bank digital currency (CBDC) is envisioned as digital money to work alongside, not replace cash and that households and businesses can use in their everyday life.
2023-2-8 20:10 | |
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Investors are cautious towards stocks and crypto despite bullish pivot in 2023, with cash held in money market funds reaching $4.8 trillion. The post Investors in Disbelief: $5 Trillion Cash Sits in US Money Market Funds appeared first on BeInCrypto.
2023-2-2 08:07 | |
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The South Korean Ministry of Justice disclosed intentions to create a crypto tracking system to combat the flow of dirty money and other related financial transactions and to reclaim cash associated with criminal conduct.
2023-1-30 11:53 | |
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Bitcoin Cash evangelist Roger Ver said on January 25 that he can afford to pay money that he allegedly owes to Genesis, but that he may not need to do so. The post Roger Ver says he can afford to pay Genesis $20M but insolvency changes agreement appeared first on CryptoSlate.
2023-1-26 02:02 | |
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Roger Ver, an early Bitcoin advocate who now advocates for the Bitcoin Cash blockchain, has been accused in court by Genesis of failing to settle cryptocurrency options, with $20.9 million of damages sought.
2023-1-26 21:12 | |
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A report by Chainalysis takes a closer look at the impact of OFAC’s sanctions imposed on Tornado Cash. The sanctions led to a decline in inflow, but failed to pull the plug on the underlyinThe post Where Tornado Cash stands in 2023, post money laundering charges appeared first on AMBCrypto.
2023-1-10 14:30 | |
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SBF wishes to launch a new venture to repay investor money A source claims that SBF lied about not knowing about Alameda's use of cash The founder and former CEO of the insolvent cryptocurThe post All about SBF's "media apology tour" and the importance of the coming week appeared first on AMBCrypto.
2022-12-12 19:00 | |
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Pertsev has been in Dutch prison since August, accused of facilitating money laundering for his work on the U.S. Treasury-sanctioned app.
2022-11-23 16:21 | |
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Crypto cash backs are offered to clients as money back after purchase while giveaways are used for promotional purposes to encourage usage of a platform. Free Money? Yes, It Is There in the Crypto Space It is very common for…
2022-10-13 18:00 | |
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Crypto offers have increased recently. Here are some of them. An In-depth Look Into Crypto Offers Crypto cash backs are given after processes involving money spending. Platforms refund a certain amount of money spent on their infrastructure or the platform…
2022-10-6 17:30 | |
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The Japanese government will enact transfer regulations as early as the following spring to stop criminals from utilizing cryptocurrency institutions to funnel cash.
2022-9-28 01:00 | |
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Six people who used Tornado Cash for legitimate reasons had their funds frozen after the U.S. Treasury sanctioned the protocol. Theyre now filing a lawsuit, and Coinbase is funding them....
2022-9-8 20:05 | |
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Why isn’t Coinbase talking about this? In the Caucasus country of Georgia, an error led to some users exchanging their cryptocurrencies at a 100X profit. Is the cryptocurrency exchange entitled to that money? Or is this a simple case of users taking advantage of an arbitrage opportunity? In crypto, transactions are supposed to be final. […]
2022-9-3 23:31 | |
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Zebec, the first programmable cash flow protocol on the Solana network, has raised $8. 5M USD at a fully diluted valuation of $1 Billion. The investors include Circle Ventures, Shima, and Resolute.
2022-8-29 13:45 | |
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Alexey Pertsev is in jail for 90 days pending a trial on suspicion of facilitating money laundering using crypto protocols.
2022-8-26 15:10 | |
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The professional association compared bitcoin to cash in response to a query from one of its members and flagged the possibility of it being used for money laundering.
2022-8-25 19:22 | |
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Company believes Keyfi converted assets to NFTs and used Tornado Cash to cover its tracks
2022-8-24 14:52 | |
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The Fiscal Information and Investigation Service (FIOD) has confirmed that the arrested Tornado Cash developer was suspected of being involved in the hiding of criminal financial transactions and facilitating money laundering.
2022-8-17 21:17 | |
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U.S. Treasury links the crypto mixer with $7 billion worth of laundered money.
2022-8-15 23:15 | |
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The Tornado Cash chronicle unfolds. Authorities in the Netherlands apprehended a man suspected to be a Tornado Cash developer in Amsterdam on Wednesday. The Fiscal Information and Investigation Service said that the unidentified 29-year-old man was reportedly involved in money laundering via the decentralized Ethereum mixer Tornado Cash. In the Netherlands, FIOD is the body […]
2022-8-12 17:31 | |
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The United States Department of Treasury made Ethereum-based mixer Torando Cash (TORN)the first smart contract to get sanctioned by the United States government by banning it on August 8 to prevent North Korean criminals from laundering money.
2022-8-8 20:36 | |
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U. S Secretary of State Antony Blinken raised eyebrows Monday when he tweeted that the U. S. Treasury Department had "sanctioned virtual currency mixer Tornado Cash, which is a U. S. -sanctioned, DPRK state-sponsored hacking group, used by the DPRK to launder money.
2022-8-8 20:16 | |
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The Treasury Department says Tornado Cash abetted $7 billion of money laundering, but that’s not likely to quiet crypto enthusiasts as they fight to stay anonymous.
2022-8-8 20:13 | |
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Robinhood has $6 billion in cash in the event the brokerage wanted to explore potential acquisitions, CEO Vlad Tenev said Wednesday.
2022-8-4 01:42 | |
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The prospect of a rumored 150,000 BTC flooding the market gets real as Mt. Gox creditors choose how much money to receive in cash, Bitcoin and Bitcoin Cash.
2022-7-8 19:17 | |
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The U. S. Treasury’s Office of Foreign Assets Control has imposed sanctions on two individuals and a company in the United Arab Emirates for facilitating North Korea’s illicit use of digital assets.
However, the new law doesn't lift the existing ban on crypto payments inside the country.
Lithuania has imposed a €9.3 million ($10.07 million) fine against local cryptocurrency firm Payeer over sanctions violations, Reuters reported on Wednesday. Specifically, Lithuania’s financial crimes watchdog, the Financial Crimes Investigation Service (FNTT), penalized the regulated crypto company for facilitating the…
A UN Security Council panel is investigating 17 crypto heists in 2023, for which North Korea may have been responsible, which were valued at more than $750 million.
The laws are to ensure sanctions rules are applied uniformly across the EU's 27 member states.
Moscow wants to establish an autonomous BRICS payment system, leveraging digital currencies and blockchain in an effort to decrease its dependency on the U.S. dollar. In an interview with the Russian state-owned news agency TASS on Feb. 5, Kremlin aide…
The U.S. government tagged a number of bitcoin and ether addresses as being tied to the LockBit ransomware group, which was taken down on Monday.