UK Law Enforcement and Regulators Join Forces to Dismantle Illegal Crypto ATMs


UK Law Enforcement and Regulators Join Forces to Dismantle Illegal Crypto ATMs

UK authorities have raided several properties around Leeds suspected of hosting illegally operated cryptocurrency ATMs.

Crypto Money Laundering & the Law

Combatting Crypto Money Laundering, a former treasury explains crypto money laundering and the regulations to combat it.

Cryptocurrency and crypto assets are increasingly deployed to launder illicit funds for use in the legitimate financial system. Alex Zerden, a former Treasury Department official at The Financial Crimes Enforcement Network (FinCEN), discusses some of the high-profile instances of illicit uses of cryptocurrency and how digital assets are used for money laundering and other criminal activities. He goes on to share how regulators are fighting back and how even legitimate companies now are required to take proactive steps to limit their products and services from being used in furthering crypto laundering. Zerden explains the anti-money laundering (AML) regulatory framework, FinCEN guidance, and sanctions obligations that apply to the crypto industry and recent DOJ and FinCEN AML and counterterrorism enforcement efforts.

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Regulating Cryptocurrencies? The case of money laundering and terrorism financing

This hybrid seminar was given on Thursday, April 28, 2022 by Dr. Shlomit Wagman, former Head of Israel Money Laundering & Terrorism Financing Prohibition Authority, an M-RCBG research fellow and Visiting Researcher at the Berkman Klein Center, Harvard Law School.

Crypto-regulatory developments in the EU and the UK | Webinar

In recent years, crypto-assets have gained in popularity among both private and institutional investors, attracting the interest of regulators around the world. While in the EU, a harmonized regulatory framework for crypto-assets is still in the making, and national frameworks in different Member States are still quite fragmented, the UK government is working on its own regulatory regime for crypto-assets with the aim of becoming a global crypto-hub. In this live webinar, Dr. Verena Ritter-Döring and Miroslav Đurić from our Frankfurt office and Charlotte Hill and Katie Fry-Paul from our London office will provide an overview of the latest developments in crypto-regulation in the EU and the UK by analyzing the practical implications that these will have on crypto-businesses operating in both markets in the post-Brexit environment.

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This man came to offer prayers at the temple but the visit didn’t end well for him… ��