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Financial Crime News Briefs

Snapshots of money laundering, insider trading, financial fraud, sanctions evasion, regulations, and AI technology developments for educational purposes only.

Day: December 1, 2023

Written by FinCrimeDecember 1, 2023December 1, 2023

Circle Denies Allegations that USDC Was Used to Fund Terrorism and Money Laundering

Reported by Steve Muchoki Circle Chief Strategy Officer and Head of Global Policy Dante Disparte wrote a formal letter to Senators Sherrod Brown and Elizabeth Warren to refute claims that USDC has been used for funding the Hamas terror group. After the United States Department of Treasury caught up with Binance Holdings Ltd, and its […]

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