Blockchain analytics, risc-score and AML solutions, cryptoincident investigation. AML cheks of crypto wallets: https://btrace.amlcrypto.io/
The head of the SEC accused crypto companies of reluctance to register
Gary Gensler, head of the SEC, opined during a speech at an event at Columbia Law School that cryptocurrency companies need to do “some sanitizing.” The United States Securities and Exchange Commission (SEC), an agency of the US government, is the primary supervisory and regulatory authority for the American securities market.The place that representatives of the crypto market fear is the SEC headquarters in Washington (USA).He stressed the importance of disclosure by financial institutions t...
The head of the SEC accused crypto companies of reluctance to register
Gary Gensler, head of the SEC, opined during a speech at an event at Columbia Law School that cryptocurrency companies need to do “some sanitizing.” The United States Securities and Exchange Commission (SEC), an agency of the US government, is the primary supervisory and regulatory authority for the American securities market.The place that representatives of the crypto market fear is the SEC headquarters in Washington (USA).He stressed the importance of disclosure by financial institutions t...
What is Anti-Money Laundering (AML)?
Legislation aimed at combating money laundering aims to suppress the legalization of illegal funds. These standards are adopted both by individual governments and international organizations, including the FATF.Money laundering is the process of transforming illegally acquired funds into legal ones. This is achieved by concealing the origin of funds, mixing them with legitimate financial transactions, or investing in legitimate assets.Due to its confidentiality, difficulty of tracking and lac...
What is Anti-Money Laundering (AML)?
Legislation aimed at combating money laundering aims to suppress the legalization of illegal funds. These standards are adopted both by individual governments and international organizations, including the FATF.Money laundering is the process of transforming illegally acquired funds into legal ones. This is achieved by concealing the origin of funds, mixing them with legitimate financial transactions, or investing in legitimate assets.Due to its confidentiality, difficulty of tracking and lac...
Elon Musk offers to make money or scam under the guise of a famous person
Fraud schemes where attackers pretend to be someone else often involve impersonating known individuals, trusted individuals, exchanges, or services in order to trick users into sending them cryptocurrency or revealing personal information. We previously mentioned this scheme, but now we will tell you in more detail. Attackers can pose as well-known, influential personalities or trusted cryptocurrency platforms, creating fictitious profiles on social networks or instant messengers (we talked a...
Elon Musk offers to make money or scam under the guise of a famous person
Fraud schemes where attackers pretend to be someone else often involve impersonating known individuals, trusted individuals, exchanges, or services in order to trick users into sending them cryptocurrency or revealing personal information. We previously mentioned this scheme, but now we will tell you in more detail. Attackers can pose as well-known, influential personalities or trusted cryptocurrency platforms, creating fictitious profiles on social networks or instant messengers (we talked a...
South Korean crypto criminals face life imprisonment
South Korea is known for its strict and structured approach to regulating cryptocurrencies. The government and regulators are working to create a safe and transparent environment for cryptocurrency trading and investment. The main document controlling cryptocurrency activities is the “Law on the Reporting and Use of Certain Financial Transaction Information.” This law requires strict compliance with anti-money laundering (AML) and anti-terrorist financing (CTF) measures by all cryptocurrency ...
South Korean crypto criminals face life imprisonment
South Korea is known for its strict and structured approach to regulating cryptocurrencies. The government and regulators are working to create a safe and transparent environment for cryptocurrency trading and investment. The main document controlling cryptocurrency activities is the “Law on the Reporting and Use of Certain Financial Transaction Information.” This law requires strict compliance with anti-money laundering (AML) and anti-terrorist financing (CTF) measures by all cryptocurrency ...
Ripple co-founder was robbed of $112 million worth of XRP tokens
On January 31, 2024, Ripple co-founder and executive chairman Chris Larsen confirmed research by ZachXBT about the theft of XRP funds from his personal addresses.Ripple Labs, Inc. — is a California company founded in 2012. It specializes in developing technologies for financial services, in particular blockchain technology and digital payment solutions. Ripple’s key product, the XRP cryptocurrency.A post by Chris Larsen confirming the theft of his tokens. Source: https://twitter.com/chrislars...
Ripple co-founder was robbed of $112 million worth of XRP tokens
On January 31, 2024, Ripple co-founder and executive chairman Chris Larsen confirmed research by ZachXBT about the theft of XRP funds from his personal addresses.Ripple Labs, Inc. — is a California company founded in 2012. It specializes in developing technologies for financial services, in particular blockchain technology and digital payment solutions. Ripple’s key product, the XRP cryptocurrency.A post by Chris Larsen confirming the theft of his tokens. Source: https://twitter.com/chrislars...
