AML Bitcoin creator convicted of wire fraud, money laundering
A case involving the Panama Canal, Jack Abramoff, and Bitcoin may have reached its conclusion with a March 12 jury verdict.
Crypto mixers and crosschain bridges: How hackers launder stolen assets
What are coin mixers, and how are they used in high-profile hacks? Crypto mixers, or tumblers, are basically smart contracts ...
Reuters11d
US Treasury Department says it will not enforce anti-money laundering law
March 2 (Reuters) - The U.S. Treasury Department said on Sunday it would not enforce an anti-money laundering law that ...
CoinTelegraph7d
What are wash trading and money laundering in NFTs?
Wash trading and money laundering in NFTs: What’s the difference? Wash trading and money laundering in NFTs are fraudulent activities that manipulate market prices and facilitate illegal ...
IT-Online9d
AI could help counter money laundering
Using artificial intelligence (AI) technology in anti-money laundering (AML) processes has become critical for financial institutions as they work to comply with regulations and combat financial crime ...
The Victoria Advocate17d
Anti-money laundering pros find expanding uses for AI. But adoption remains slow.
Global ACAMS survey by SAS and KPMG reflects that AI and ML integration is on the way – but won't happen overnight Adoption of AI and machine learning (ML) remains modest. Only 18% of survey ...