Crypto money laundering – The Shib Daily

UK Government Report Says Crypto was Major Money Laundering Risk in 2022-2023

May 2, 2024

Crypto-assets have been singled out as a key conduit for money laundering activities between 2022 and 2023 by the U.K. Treasury. The revelation stems from an analysis published Wednesday based on data furnished by the Financial Conduct Authority (FCA), spotlighting critical vulnerabilities within the

AI·Bitcoin·Future Tech·Security

Researchers Harness AI to Combat Bitcoin Money Laundering

May 2, 2024

In a recent collaboration, researchers from blockchain forensic firm Elliptic, IBM Watson, and MIT have achieved remarkable strides in utilizing artificial intelligence (AI) to pinpoint money laundering activities on the Bitcoin blockchain. The report published Wednesday by Elliptic, titled “Enhancing Blockchain Analytics Through AI,” shows the efficacy of deep learning models in detecting cryptocurrency crimes.

October 11, 2024

Ground Zero: Southeast Asia’s Dark Underbelly of Virtual Asset-Related Crimes

The United Nations Office on Drugs and Crime (UNODC) recently highlighted the