• CipherTrace Bankers worried AML
    Cryptocurrencies,  Regulation

    CipherTrace: Bankers worried by inability to detect crypto payments

    With growing legal and regulatory attention on anti-money-laundering laws, the blockchain intelligence firm found 80% of bankers fear sanction violations

    The IRS, FBI and other U.S. law enforcement agencies may be trumpeting their success in breaking up everything from child porn rings to al-Qaeda funders, but bankers are not so confident in their ability to even detect crypto-related transactions.

  • To avoid prison, do not tweet your illegal North Korean visa (via Twitter).
    Ethereum,  Politics

    DoJ: Ethereum expert helped North Korean sanction busting

    The Department of Justice arrested the Ethereum Foundation’s Virgil Griffith for allegedly teaching North Korea to use cryptocurrency to avoid economic sanctions

    Here’s a clue: if you’re going to teach North Korea how to use cryptocurrency to evade sanctions, don’t post your visa on Twitter. Particularly if the U.S. State Department has warned you not to go.