Anti-Money Laundering Archives

Senator Blumenthal launches inquiry into $1.7B Binance transfers linked to Iran, highlighting crypto AML concerns.

Exclusive: Senator Blumenthal Launches Explosive Inquiry into $1.7B Binance Transfers

February 26, 2026 Jackson Miller

Washington, D.C., March 2025: U.S. Senator Richard Blumenthal (D-CT) has launched a formal inquiry into cryptocurrency giant Binance, demanding answers over reports alleging the platform processed approximately $1.7 billion in transactions with entities linked to Iran. This explosive development revives intense scrutiny of the exchange’s historical anti-money laundering (AML) failures and places its standing with […]

Bithumb crypto exchange complies with OFAC sanctions by suspending transactions with Iran-related exchanges Zedxion and Zedcex.

Bithumb Takes Decisive Action: Suspends Transactions with Sanctioned Iran-Related Crypto Exchanges

February 2, 2026 Jackson Miller

Seoul, South Korea: In a significant move highlighting the tightening regulatory landscape for cryptocurrency, South Korea’s leading digital asset exchange, Bithumb, has announced a decisive suspension of deposit and withdrawal services for two specific platforms. The action targets the Iran-related exchanges Zedxion and Zedcex, following their designation on the U.S. Department of the Treasury’s Office […]

Turkish flag over digital assets, symbolizing the Turkey crypto freeze bill and MASAK's new authority.

Turkey Crypto Freeze: Alarming Bill Grants MASAK Sweeping Powers

September 30, 2025 Sarah Chen

A significant development is unfolding in Turkey, capturing the attention of cryptocurrency enthusiasts globally. The nation is actively pursuing legislation that could drastically alter how digital assets are managed. This new bill aims to grant unprecedented powers to government bodies. It specifically targets the freezing of **cryptocurrency accounts** as part of a broader **anti-money laundering** […]