The US Justice Department (DoJ) arrested an heir to the Cartier empire on May 2. He was charged with laundering proceeds of drug trafficking using Tether’s USDT stablecoin. The charges mark a rare intersection between influential people and crypto-related crime. According to the DoJ’s indictment announcement, Maximilien de Hoop Cartier, a direct descendant of Louis…
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Belarusian and Cypriot national has been charged in the US for operating an unlicensed cryptocurrency exchange BTC-e and money laundering conspiracy, according to the Department of Justice (DOJ). Aliaksandr Klimenka and Alexander Vinnik, allegedly controlled the digital currency exchange BTC-e, with others between 2011 and July 2017. BTC-e primarily targeted the Russian market but had…
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Two more developers who worked on Tornado Cash, an Ethereum network-based privacy protocol designed to obfuscate the link between sending and receiving addresses, are being charged by the US Depart of Justice. Developers Roman Storm and Roman Semenov are both being charged with money laundering and sanctions violations, owing to their work on the protocol….…
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The ruling allows the crypto lender a path out of its bankruptcy, but it still has to undertake some due diligence with Binance US before the sale is final. Bankrupt cryptocurrency lender Voyager Digital has won court approval to sell over $1 billion of its assets to Binance.US. The approval was granted by United States…
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