#illicit-finance

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fromcointelegraph.com
1 week ago

Crosschain swaps move $21B in illicit funds, up 200% in two years: Elliptic

At least $21.8 billion in illicit or high-risk crypto has flowed through crosschain swaps, up from $7 billion in 2023, according to estimates by UK-based blockchain analytics firm Elliptic.
Cryptocurrency
fromBitcoin Magazine
2 weeks ago

Myths Busted And Conflicts Of Interest Noted At Senate Banking Crypto Market Structure Hearing

In his opening remarks, Senator Scott emphasized that more illegal activities occur with cash than with crypto, suggesting that cash carries greater risks for illicit finance.
US politics
fromwww.theguardian.com
10 months ago

Lack of City of London oversight hurting efforts to halt dirty money, FCA warns

"The FCA's recent report highlights a critical failure in the oversight of professional bodies responsible for anti-money laundering within the City of London, emphasizing the alarmingly low investment in compliance activities."
Privacy professionals
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