The U.S. Department of Justice (DOJ) is facing a lawsuit from four individuals, including victims and relatives of state-sponsored terrorism. They accuse the DOJ of delaying and improperly withholding funds from a $4.3 billion settlement involving Binance. The plaintiffs are seeking compensation for the victims. The lawsuit, submitted on September
Money laundering and terrorism triggered by the new financial technologies. Anonymity conferred by digital asset space eases terrorism funding. Ever-increasing innovations in the virtual space, especially in the digital finance arena, has raised the concerns of global policy makers. At the UN Security Council (UNSC) briefing on Monday, T.S. Tirumurti,
The Bank of Israel takes initiatives against illegal usage of crypto. Proper risk assessments to be conducted. Banks not to proceed transactions without proper license. As the crypto dominance has taken over the world effectively, together with the dark world too. It’s highly evident that over the past few years
