The S.E.C. shared new details about how Binance’s accounts at Signature Bank and Silvergate Bank were used to move customer funds quickly through a web of foreign companies. Story Published at: June 7, 2023 at 09:10PM Continue Reading…
Binance Moved Billions Through Two U.S. Banks, Regulators Say
Binance Faces Mounting Pressure as U.S. Crypto Crackdown Intensifies
The scrutiny on Binance, the giant cryptocurrency exchange, has sent new tremors through a market that is still bruised by the implosion of FTX. Story Published at: April 26, 2023 at 08:00AM Continue Reading…
The Crypto Detectives Are Cleaning Up
Early adopters thought cryptocurrencies would be free from prying eyes. But tracking the flow of funds has become a big business. Story Published at: April 22, 2023 at 10:00AM Continue Reading…
Banks Are Closing Customer Accounts, With Little Explanation
Increasing attention to suspicious-seeming transactions has led to some people suddenly losing access to their bank accounts. The reasons are often a mystery. Story Published at: April 8, 2023 at 08:00AM Continue Reading…
In a Record, Crypto Exchange Is Fined $24 Million for Breaking U.S. Sanctions
Bittrex allowed customers in Cuba, Iran, Sudan, Syria and the Crimea region of Ukraine to trade virtual currencies, according to the Treasury Department. Story Published at: October 11, 2022 at 04:01PM Continue Reading…
Investors Sue Treasury Department for Blacklisting a Crypto Platform
Tornado Cash was banned last month to prevent hacking, money-laundering and other cryptocurrency crimes. Story Published at: September 8, 2022 at 02:36PM Continue Reading…
Treasury Dept. blacklists crypto platform used in money laundering.
The crackdown was the government’s latest effort to rein in the crypto industry. Story Published at: August 8, 2022 at 07:32PM Continue Reading…