Report: 55% Of Cryptocurrency Money Laundering Activity Linked To 270 Blockchain Addresses

Blockchain Analysis Company Chainalysis reported that A small group of 270 addresses drive over 50% of cryptocurrency laundering activity. There was also a smaller group of 24 addresses that received over $500 million worth of illicit cryptocurrency. Overall the addresses …

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Authorities Allege Widespread Money Laundering at Australia’s Largest Casino Operator

An inquiry into Australia’s largest casino operator has concluded that it was not fit to hold a gaming license in Sydney. Commissioner Patricia Bergin who led the probe said that the Sydney casino of Crown Resorts can only be licensed …

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SEC Charges GPB Capital Holdings and 3 Executives in $1.7 Billion Ponzi Scheme

The United States Securities and Exchange Commission (SEC) charged New York based-investment adviser company GPB Capital Holdings and three executives on Feb. 4 for allegedly defrauding thousands of investors in a Ponzi-like scheme. According to SEC, the company and its …

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