Tag: Money Laundering
Crypto ‘Mixer’ Tornado Cash Is Blacklisted by the Treasury Department
The Treasury Department on Monday prohibited Americans from using the cryptocurrency platform Tornado Cash, saying the service has…
U.K. Donor Said to Have Funneled Russian Money to Tories
LONDON — One of the biggest donors to Britain’s Conservative Party is suspected of secretly funneling hundreds of…
Ex-Goldman Sachs Banker Convicted for His Role in a $4 Billion Fraud
A former Goldman Sachs banker was convicted Friday on bribery and money laundering charges stemming from a globe-spanning…
How Roman Abramovich Used Shell Companies and Wall Street Ties to Invest in the U.S.
In July 2012, a shell company registered in the British Virgin Islands wired $20 million to an investment…
Justice Dept. Announces Task Force to Go After Russian Oligarchs
WASHINGTON — The Justice Department announced the creation of a task force on Wednesday to go after billionaire…
U.K. Moves to Tighten Laws on Oligarchs. Critics Say It’s Too Late.
LONDON — Eighteen months ago, Evgeny Lebedev was ushered into the clubby inner circle of aristocratic Britain: the…
Laundered Money Could Be Putin’s Achilles’ Heel
The United States and its allies aren’t going to intervene with their own forces against Vladimir Putin’s invasion…
Justice Dept. Seizes $3.6 Billion in Bitcoin and Arrests Married Couple
WASHINGTON — The Justice Department said on Tuesday that it had seized over $3.6 billion worth of stolen…