Category: Money

  • Heir to Cartier empire arrested for attempted money laundering using USDT

    Heir to Cartier empire arrested for attempted money laundering using USDT

    The US Department of Justice (DoJ) has arrested Maximilien de Hoop Cartier, the successor to the French luxury brand Cartier, on charges of money laundering using cryptocurrencies. On May 2 IndictmentThe accused has been accused of drug trafficking and money laundering using the popular stablecoin Tether (USDT). A direct descendant…

  • Hush money, gag order and catch and kill: A dictionary for Trump’s New York criminal trial

    Hush money, gag order and catch and kill: A dictionary for Trump’s New York criminal trial

    This trial focuses on allegations that Trump falsified his company records to hide the nature of secret payments, and is the first-ever criminal trial of a former US president and judge. The first of Trump’s four indictments To go to trial. It also has some unique terminology. Here are some…

  • Elliptic Taps Artificial Intelligence (AI) to Crack Down on Bitcoin Money Laundering

    Elliptic Taps Artificial Intelligence (AI) to Crack Down on Bitcoin Money Laundering

    Blockchain analytics firm Elliptic said its researchers have made progress in leveraging artificial intelligence (AI) to detect money laundering in Bitcoin. A recent paper detailing this research was co-authored by researchers from the MIT-IBM Watson AI Lab. Elliptic has revealed the successful identification of illicit proceeds deposited on a cryptocurrency…

  • Bitcoin Analyst Says Rally To Over $90,000 Programmed As Money Supply Grows

    Bitcoin Analyst Says Rally To Over $90,000 Programmed As Money Supply Grows

    Bitcoin price movement can be risky, as it is going through a major corrective phase. However, although $60,000 seems slippery for optimistic bulls, some analysts are optimistic that the coin is ready for a strong rally. Based on the previous price action, analysts assert that the coin will rise above…