35 h. ago Sinaloa cartel slapped with Trump admin sanctions in blow to drug empire

The U.S. Department of the Treasury announced sanctions against six individuals and seven entities allegedly involved in a money laundering network that supports the Sinaloa cartel.

Politics

57 h. ago Trump's Treasury Department Sanctions Sinaloa Cartel Money Launderers

President Donald Trump's Treasury Department is issuing sanctions on criminal operations and money launderers working for the Sinaloa Cartel. The post Trump’s Treasury Department Sanctions Sinaloa Cartel Money Launderers appeared first on Breitbart.

Politics

7 d. ago US Treasury lifts reporting requirement for US firms in anti

US Treasury lifts reporting requirement for US firms in anti-money laundering law  Reuters

Politics

9 d. ago US lifts sanctions on Tornado Cash, a crypto mixer linked to North Korean money laundering

Tornado Cash was used to launder billions in stolen crypto, according to the Treasury.

Economics

2 w. ago Trump family is reportedly in talks to acquire stake in Binance’s US arm

President Trump’s family has been weighing an investment in Binance.US, according to a report from the Wall Street Journal. The investment would come just a couple of years after Binance’s U.S. arm pleaded guilty to violating anti-money laundering regulation. As part of that guilty plea, Binance’s founder Changpeng Zhao, better known as CZ, paid a […] © 2024 TechCrunch. All rights reserved. For personal use only.

Politics

3 w. ago TD Bank to shutter 16 New England branches, including 6 in Mass.

The closures come as the bank deals with massive penalties for its U.S. money laundering conspiracy violations. The post TD Bank to shutter 16 New England branches, including 6 in Mass. appeared first on Boston.com.

Politics

3 w. ago US seizes Russian crypto exchange websites, charges head of site with money laundering

US seizes Russian crypto exchange websites, charges head of site with money laundering  ABC News

Events

3 w. ago US charges admins of Garantex for allegedly facilitating crypto money laundering for terrorists and hackers

The administrators of Garantex, Aleksej Besciokov and Aleksandr Mira Serda, allegedly knew their crypto exchange was used to launder money, according to U.S. prosecutors. © 2024 TechCrunch. All rights reserved. For personal use only.

Events

3 w. ago Report: Democratic Donor Platform ActBlue in Chaos as Workers Flee

The Democratic National Committee’s donor platform, ActBlue, is in trouble. Republican lawmakers have targeted the organization as a money-laundering operation while it faces internal chaos after at least seven senior officials departed, a report claims. The post Report: Democratic Donor Platform ActBlue in Chaos as Workers Flee appeared first on Breitbart.

Politics

3 w. ago Trump signs executive order establishing 'Strategic Bitcoin Reserve'

US President Donald Trump signed an executive order Thursday establishing a "Strategic Bitcoin Reserve," forcefully endorsing a currency once shunned as a tool for money launderers.

Politics

4 w. ago Trump Treasury confirms it's eyeing IRS for 'streamlining' shake

The Trump administration's Treasury Department is considering a "wide range" of possibilities to streamline the tax agency, Fox News Digital learned.

Politics

4 w. ago Quantexa nabs $175M at a $2.6B valuation to double down on data analytics for AI

London startup Quantexa has made its name over the years with an enterprise platform that employs AI and data analytics to fight money laundering and fraud. Today, it is announcing new funding of $175 million to double down on that business while also moving deeper into another hot area: using its technology to help organizations […] © 2024 TechCrunch. All rights reserved. For personal use only.

Politics

4 w. ago Quantexa nabs $175M at $2.6B valuation to double down on data analytics for AI

British startup Quantexa has made a name for itself over the years with its enterprise platform that employs AI and data analytics to fight money laundering and fraud. Today, the company said it has raised a fresh $175 million to double down on that business and move deeper into another hot area: helping organizations understand […] © 2024 TechCrunch. All rights reserved. For personal use only.

Politics

4 w. ago United States: Reinstating corporate secrecy protects money launderers and foreign criminals – not small businesses

United States: Reinstating corporate secrecy protects money launderers and foreign criminals – not small businesses  Transparency International

Economics