Exchanges

The US and UK governments have recently initiated a collaborative investigation into cryptocurrency transactions exceeding $20 billion. These transactions are suspected of violating Russian sanctions and potentially funding military operations in Ukraine. The focus of the investigation is on transactions allegedly processed through the Russia-based crypto exchange, Garantex, in an attempt to circumvent international sanctions.
Recently, KuCoin, a popular crypto exchange, faced a surge in withdrawal requests following criminal charges brought against the platform by US authorities. This development led to significant withdrawals of Ethereum-based tokens across various categories of traders, including whales, funds, smart money, and market makers. The charges alleged that KuCoin and its founders had been operating
Amid the recent news of US criminal charges being levied against the popular cryptocurrency exchange KuCoin, CEO Johnny Lyu took to social media to reassure users that their funds are safe. The US Department of Justice (DOJ) announced that KuCoin, along with its founders Chun Gan (Michael) and Ke Tang (Eric), are facing charges for
The recent EU anti-money laundering regulations have created a significant stir in the financial world. These new laws, which have been approved by most of the EU Parliament’s lead committees, have sparked a heated debate about striking a balance between combating financial crime and preserving the rights of citizens to privacy and economic freedom. Patrick
Recently, Binance confirmed that Nadeem Anjarwalla, one of its executives detained by Nigerian authorities, has managed to escape custody. While this news is shocking, it raises concerns about the effectiveness of the Nigerian justice system and brings to light questions about the security measures in place to prevent such escapes. Reports indicate that the Nigerian
The recent conviction of FTX founder Sam Bankman-Fried has sent shockwaves through the financial world, with federal prosecutors requesting a staggering prison sentence of 40 to 50 years. The US Attorney’s Office for the Southern District of New York has detailed SBF’s wide-ranging fraudulent activities, painting a picture of a man driven by greed and