Crypto Firm Pleads Guilty to Operating Illegally in U.S.
Federal prosecutors said OKX, based in Seychelles, violated anti-money laundering laws for years. The company agreed to pay ...
OKX pleads guilty, pays $505M in penalties to settle DOJ charges
OKX’s Aux Cayes FinTech Co. Ltd has agreed to pay over $500 million worth of fines after the DOJ found it had been operating ...
JD Supra7h
UK Supreme Court Ruling in El-Khouri: Defining the Territorial Boundaries of the Proceeds of Crime Act 2002
The ruling, which narrows the UK’s jurisdiction over money laundering offences, will impact how cross-border money laundering offences are ...
Is the Texas Lottery a conduit for money laundering? Some state senators say yes
The state senator from Houston is usually a mild-mannered fellow. But the other day at a Senate Committee on Finance meeting, ...
The Manila Times on MSN8h
Govt gains ground in fight against money laundering
THE Department of Justice (DOJ) has gained significant momentum in its fight against money laundering (ML) and terrorism ...
The Diplomat9h
Philippines Removed From Watchdog’s Money-laundering ‘Grey List’
The Financial Action Task Force has also added Laos and Nepal to its list of nations subject to “increased monitoring.” ...
pna16h
DOJ notes significant strides vs. money laundering, terror financing
The Department of Justice (DOJ), through its Financial Investigation and Litigation Enhancement and Prosecution Support ...
manilastandard2d
PH exits ‘grey list’ amid admin’s strong anti-money laundering efforts
The Philippines has been removed from the Financial Action Task Force “grey list” of countries under increased monitoring for ...
JD Supra6d
Course correction: The Supreme Court’s decision in El-Khouri and its impact on extraterritoriality in money laundering cases
The UK Supreme Court has handed down its decision in El-Khouri (Appellant) v Government of the United States of America (Respondent).