The temporary unit is reportedly being transformed into a permanent department as enforcement actions rise dramatically in South Korea.
Read moreSamourai Wallet mixer co-founders arrested on AML, licensing charges
The crypto mixer allegedly handled $2 billion in unlawful transactions and facilitated $100 million in money laundering.
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I got phished so you don’t have to.
Learn the red flags I ignored. Continue reading on Coinmonks »
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Federal Reserve’s Neel Kashkari on Bitcoin: Still No Legitimate Use Case in an Advanced Democracy
The president and CEO of the Federal Reserve Bank of Minneapolis, Neel Kashkari, has expressed concern about consumer risk due to “fraud, hype, and confusion”
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Terraform Labs and Former CEO Do Kwon Found Liable for Civil Fraud by Jury
On Friday, Zack Guzmán, founder of Coinage Media, announced that Terraform Labs’ co-founder Do Kwon and his startup were deemed responsible for fraudulent activities in
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Montenegro Court Halts Extradition of Terra’s Do Kwon to the US
In a pivotal legal reversal, Montenegro’s Court of Appeals has annulled the extradition of Terraform Labs co-founder Do Kwon to the United States, siding with
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