The DOJ, OFAC, FinCEN and the CFTC settled enforcement actions against Binance, its CEO and former CCO. The coordinated settlements addressed charges against the digital asset exchange for CFTC registration failures and for violations of the Bank Secrecy Act and International Emergency Economic Powers Act sanctions programs.
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The DOJ filed a criminal complaint against a Vietnamese citizen for operating an online cryptocurrency “mixing” service that helped customers launder bitcoin proceeds of illicit activities.
The DOJ charged two individuals involved in an international financial scheme with operating an unlicensed money-transmitting business and failing to maintain adequate AML controls.
FinCEN assessed a $60 million dollar penalty against an operator of two convertible virtual currency exchangers, or "mixers," for violations of Bank Secrecy Act registration, program, and reporting requirements.