Nigerian government drops money laundering charges against Binance executive
Tigran Gambaryan and Binance have been accused of laundering more than $35 million Nadeem Anjarwalla, a colleague of Gambaryan, was also detained, but managed to escape on a Middle Eastern…
Judge rules Tornado Cash co-founder will face trial for money laundering
Roman Storm will face trial on Dec. 2 for alleged money laundering via Tornado Cash. The judge rejected Storm’s defence that his code was protected under the First Amendment. The…
Binance and former CEO CZ face new lawsuit over alleged crypto laundering
Binance and CZ are sued for allegedly laundering stolen cryptocurrency assets. Plaintiffs claim Binance’s lack of AML and KYC controls facilitated the laundering. The case could impact blockchain analytics and…
Developer of Tornado Cash found guilty of money laundering in the Netherlands
Alexey Pertsev, Tornado Cash developer, found guilty of laundering $1.2B in the Netherlands. Despite Tornado Cash being non-custodial, Pertsev sentenced to over 5 years in prison. Verdict sparks debate on…
SafeMoon founders arrested on wire fraud and money laundering charges
SafeMoon founders arrested; Kyle Nagy at large. The charges include wire fraud and money laundering. There are also accusations of misappropriation and investor deception. In a significant development, the founders…
Tornado Cash founders charged with money laundering
DOJ has arrested Storm and is on the lookout for Semenov. Tornado Cash was used in several crypto heists last year. OFAC had sanctioned Tornado Cash in August of 2022.…