Federal departments implement actions to curb fraud and money laundering. Administration officials spoke last week about the publishing of reports identifying gaps in cryptocurrency regulation. The reports call…
Read MoreMoney Laundering
Justice Department Charges Former Congressman of Fraud
Terrance John “TJ” Cox indicted on 28 counts. The Justice Department unsealed the indictment of former Congressman Terrance John “TJ” Cox this week. Cox is charged with 15…
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Oil Smuggling Network Designated by U.S. Treasury
Estimated to be funneling hundreds of millions to militant Islamic terrorists. Last month, the Office of Foreign Assets Control (OFAC) within the U.S. Treasury Department designated an international…
Read MoreDepartments of State and Treasury Sanction Blender.io
Virtual currency mixer used heavily by North Korea. The Department of the Treasury sanctioned virtual currency mixer Blender.io (Blender) last week in partnership with the Department of State.…
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