Montrealer pleads guilty to money laundering in NY
A Montreal man has admitted guilt in a New York money laundering conspiracy. Get the details on the case and its implications for cross-border financial crime enforcement.
Category : Search result: bitcoin laundering
Bitcoin Stalls Near $87K, Misses Year-End Rally
Bitcoin's price remains stagnant near US$87,370, failing to join the year-end 'Santa rally' seen in traditional markets. Analysts note a disconnect from bullish news as the token heads for its worst quarter since 2022.
Fintrac fines to increase dramatically, effectiveness unclear
Canada's financial watchdog, Fintrac, is set to impose significantly higher fines for money laundering violations starting in 2025. Experts question if bigger penalties will truly improve compliance and disrupt illicit finance.
Bitcoin's Silent Exodus: Long-Term Holders Sell Off
Bitcoin struggles to find support, down nearly 30% from its record high as long-term investors execute a massive, sustained sell-off, putting pressure on the crypto market.
Court Overturns CRA Denial of Bitcoin Loss Writeoff
A Canadian Tax Court judge has ruled a taxpayer can deduct a $505,142 bitcoin loss from her income, overturning a CRA decision. This landmark case involves the defunct QuadrigaCX exchange.
Ryan Wedding's alleged money launderer granted bail
A B.C. Supreme Court justice has granted bail to Rasheed Pascua Hossain, accused of laundering hundreds of millions for fugitive drug kingpin Ryan Wedding. Read the latest on the extradition case.
Hut 8 shares jump on $7B AI data center deal
Former bitcoin miner Hut 8 sees its stock surge after securing a massive US$7 billion lease agreement for artificial intelligence data centre operations. Discover the details of this pivotal shift.
Financial Crime Auditors Visit Canada After Major Fine
Global financial crime auditors conducted a three-week review of Canadian banks and government agencies in November. This follows a record penalty for a major Canadian bank. Learn the details and implications.
Former DEA Agent Charged in Cartel Conspiracy
A former high-ranking U.S. DEA agent faces charges of conspiring to traffic drugs and launder millions for a Mexican cartel. Read the shocking details of the alleged betrayal.
Canadian's Trump Bitcoin Venture Crashes 70% After Debut
Vancouver's Michael Ho brought Eric Trump into American Bitcoin Corp. The Nasdaq-listed firm's shares have plummeted 70% since its September debut, highlighting crypto volatility and Trump-linked ventures' struggles.
Two charged, one sought in Toronto identity fraud probe
Toronto Police announce new charges in Project Deja Vu, a sprawling synthetic identity fraud case with over $4M in losses. One suspect from Brampton remains at large.
Crypto crash: $200B lost as retail speculators flee
The cryptocurrency market reels from a $200 billion crash, with altcoins hit hardest as retail investors abandon speculative tokens for other assets. Discover the shift in market dynamics.
Trump Crypto Projects Crash, Memecoins Down 90-99%
A dramatic 26-minute, 51% crash in a Trump-linked crypto miner highlights the severe downturn facing digital assets tied to the former president's family. Key projects have plunged 75-99%.
TSX dips while U.S. stocks rise on steady yields, bitcoin rebound
The S&P/TSX composite fell in a 'natural pause' as U.S. markets climbed, driven by stable bond yields and a bitcoin recovery. Get the latest on Canadian market movements.
Canada's 1990 ETF Launch Ignited a Global Financial Phenomenon
Discover how Toronto's 1990 ETF innovation created a global investment giant. Canada's market now nears $700B, leading with Bitcoin and active ETFs. Explore the history.
Crypto Slump Batters Strategy's Leveraged Bitcoin ETFs
Falling Bitcoin prices have severely impacted leveraged ETFs tied to major holder Strategy. Discover the details of this significant 2025 market casualty and its implications.
Lethbridge man defrauded of $600,000 in crypto scam
A Lethbridge man was defrauded of nearly $600,000 in an investment scam, with funds moved to offshore crypto accounts. A B.C. man now faces charges. Learn the red flags.
S&P 500 Dips, Crypto Rout Triggers Risk Aversion
Wall Street's rally stalled as a sharp cryptocurrency selloff and rising global bond yields prompted investor caution. Bitcoin tumbled 7%, while the S&P 500 briefly fell below 6,800. Read the full analysis.
Crypto Downturn Wipes Out Nearly $1 Billion in Bets
A sharp crypto market decline on Monday triggered nearly US$1 billion in leveraged liquidations. Bitcoin and Ether fell sharply as structural headwinds and macro shifts pressure digital assets. Read the full analysis.
Bitcoin drops 5%, falls below $90,000 threshold
Bitcoin's value fell sharply, dropping over 5% to trade below $90,000. Explore the key factors behind this significant cryptocurrency market correction and what it means for investors.
Bitget CMO Details UEX Strategy at Crypto Conference
Bitget CMO Ignacio Aguirre explains the Universal Exchange strategy at Aus Crypto Con 2025 in Sydney, highlighting security and corporate crypto adoption trends.
B.C. man charged in illegal gaming house money laundering
A British Columbia man faces money laundering charges following police raid on illegal gaming operation. Learn about the investigation and charges in this exclusive report.
Crypto Hoarders Dump Tokens Amid Market Rout
Companies that hoarded cryptocurrency are now selling their holdings as shares tumble. The $1 trillion market crash exposes flaws in the 'digital asset treasury' model. Read more.
Ex-Olympian's Crypto Drug Laundering Scheme Exposed
Former Canadian Olympic snowboarder Ryan Wedding, now a fugitive, allegedly used cryptocurrency to launder billions from his transnational drug empire. Learn how authorities uncovered this sophisticated operation.
B.C. money launderer sentenced to 18 months jail
Alexandra Joie Chow, 37, receives 18-month sentence for money laundering in Richmond court. First such conviction in BC in a decade following CFSEU investigation.
Vancouver woman sentenced to 18 months for money laundering
A Vancouver woman receives 18-month jail sentence in landmark money laundering case. Learn about this milestone prosecution and its implications for financial crime enforcement.
Bitcoin Mining Rebounds in China Despite 2021 Ban
Despite China's 2021 cryptocurrency mining ban, Bitcoin operations have significantly recovered, raising questions about enforcement and industry resilience. Learn about the latest developments.
BC brokerages fined $190K for money laundering violations
Two British Columbia real estate brokerages face $190,000 in FINTRAC penalties for anti-money laundering failures. Learn about the enforcement actions and regulatory crackdown.
Bitcoin's November Plunge Worst Since 2022 Collapse
Bitcoin heads for worst monthly performance since 2022 crypto crisis, dropping 25% in November amid massive liquidations and poor investor sentiment. Read analysis.
Bitcoin and Crypto Assets Sink in Risk Aversion Move
Cryptocurrency markets experience significant downturn as investors shift away from risky assets. Bitcoin leads decline amid broader market uncertainty affecting digital currencies.
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