In April, sharing their Coinbase account credentials with a fraudster had cost a California resident more than $11 million. Now, there might be recourse.
The U.S. Treasury Department has blacklisted Suex, a cryptocurrency broker based in Russia, for its money laundering activities. The platform is suspected of processing hundreds of millions of dollars in crypto transactions relate
Changing an intelligence agency’s perspective on crypto crime is the next step toward a successful crypto investigation.
Co-founders Diogo Mónica and Nathan McCauley cited the Anchorage’s “stringent processes and procedures” as likely factors in the decision from the federal agency.
The Biden administration reportedly intends to ramp up efforts to trace cryptocurrency payments.