📜 DOJ reaches $964 million settlement over AML failures in the crypto sector
The U.S. Department of Justice agreed to pay $964 million to resolve money laundering allegations against a company in the crypto ecosystem. The news puts pressure on the industry and reflects a 50% decline in bitcoin ecosystem gross profit.
$BTC #CryptoNews
Source: The Defiant · https://thedefiant.io/converge/regulation/block-reaches-964-million-doj-deal-in-principle-over-aml-lapses
The U.S. Department of Justice agreed to pay $964 million to resolve money laundering allegations against a company in the crypto ecosystem. The news puts pressure on the industry and reflects a 50% decline in bitcoin ecosystem gross profit.
$BTC #CryptoNews
Source: The Defiant · https://thedefiant.io/converge/regulation/block-reaches-964-million-doj-deal-in-principle-over-aml-lapses
