The Bank Secrecy Act regime forces banks to report customers to the government for an ever-growing list of “red flags.” ...

Pioneering cryptocurrency exchange BitMEX was ordered by a judge to pay a $100 million fine for violating US anti-money ...

Oregon will get a $1.6 million share of an $80 million fine that Cash App parent company Block will pay for violations of ...

Finance Minister Serhii Marchenko stands for disclosing bank secrecy for the Tax Service.He announced this on the air of the ...

Judge John Koeltl has ordered crypto exchange BitMEX to pay $100 million in fines over US banking law violations after a ...

In a coordinated enforcement action by 48 state financial regulators, Block will pay an $80M fine and undertake corrective action for ...

Oregon and 47 states settled with Block Inc. for BSA/AML violations, imposing an $80 million penalty and requiring an ...

Idaho joins 47 states to fine Cash App’s parent company $80M for violating anti-money laundering laws and the Bank Secrecy ...

The U.S. Department of Justice noted that BitMEX violated the Bank Secrecy Act by “willfully failing” to establish US AML ...

Prosecutors accuse BitMEX and its founders of failing to adopt anti-money-laundering and “know your customer” programmes.

Each state will receive $1.6 million from the settlement, according to the R.I. Department of Business Regulation.