Browsing: Aml

reports-say-ftx-warns-customers-not-to-interact-with-aztec-network,-ceo-sam-bankman-fried-responds

According to reports on social media, a number of users have complained that FTX has blocked a transaction that was associated with the Aztec Network’s zkmoney privacy technology. Following the accusations, FTX CEO Sam Bankman-Fried explained that transactions are monitored for AML compliance but it “does not mean any accounts were frozen.” Journalist Wu Blockchain

arthur-hayes-to-serve-2-year-probation-owning-up-to-bitmex’s-aml-mishap

Despite the imminent possibility of serving jail time, proactively owning up to the allegations resulted in Hayes being sentenced to six months of house arrest and two years of probation. Bringing closure to the long-awaited judgment related to the money laundering activities over the BitMEX crypto exchange, one of the four federal district courthouses in…