Silvergate records reveal $425M in transfers to South American money launderers

2022-11-17 21:25

Silvergate Bank, a provider of financial services to the digital currency industry, was recently subpoenaed and found to have $425 million in transfers among its crypto bank accounts to South American money launderers.

$SI Recently subpoenaed Silvergate bank records reveal $425 million in transfers from $SI crypto bank accounts to South American money launderers. Affadavit from investigation into crypto crime ring linked to smugglers/drug traffickers (we are short):https://t.co/8Cyz5QiXei pic.twitter.com/qa2IaeKFGa

— M. Aurelius (@AureliusValue) November 15, 2022

Detective Benjamin Dusenbery subpoenaed Silvergate for multiple digital cryptocurrency trading platforms’ bank account records.

Following examination of the subpoenaed bank records, Dusenbery found that between Sept 2021 and June 2022, 10 companies had transferred a total over $425 million dollars out of the cryptocurrency trading platforms into accounts held at different United States (US) banks.

Records included accounts held in the names of:

OSL Digital LTD OSL SG PTE LTD, Paxos Global PTE LTD Paxos Trust Company LLC

Within the records, wire transfer payment details were observed from the various operating accounts which represented the funds being transferred off the respective cryptocurrency trading platforms and into the US financial system.

The post Silvergate records reveal $425M in transfers to South American money launderers appeared first on CryptoSlate.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Money ($$$) на Currencies.ru

$ 0.0004099 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: -2.27 %
Cегодня L: $0.0004099 - H: $0.0004099
Капитализация $18.807k Rank 99999
Доступно / Всего 45.887m $$$

south american bank silvergate launderers money transfers

Источник: cryptoslate.com

south american → Результатов: 125


Фото:

Cheap Power Is Creating a Bitcoin Mining Boom in Argentina

Argentina, the ailing South American country, is experiencing a cryptocurrency mining resurgence due to artificially low power rates maintained by subsidies from the national government. This fact, alongside exchange controls and the possibility of selling obtained assets at a higher exchange rate than the official one, is enticing more and more individuals to enter the […]

2021-6-2 11:00


Фото:

As Countries Start to Spiral Into Monetary Crisis, Will the World Ultimately Turn to Bitcoin?

In the past week, several countries’ fiat currencies have spiraled out of control. Specifically, the Lebanese Pound and the Argentinian Peso have both faced a massive drop in currency values. The Argentina situation before the pandemic was pretty bad as the South American country had been in a three-year recession before the coronavirus struck. A few […]

2020-7-6 21:59


Ripple Execs, Led By CEO Brad Garlinghouse, Meet With Central Bank Of Brazil Officials in ‘Closed to the Press’ Meeting

Ripple Inc.’s, Brad Garlinghouse held a ‘closed to the press’ meeting with Brazil’s Central Bank officials on May 30th to discuss “institutional matters” in the South American country. Top officials from both Ripple and the Central Bank of Brazil held the meeting at 1700 hrs to 1800 hrs. What could be the motive behind the […]

2020-6-4 21:49


Фото:

Venezuelans Can Now Use Bitcoin to Pay for Goods at 20,000 PoS Terminals

Venezuelans will now be able to use bitcoin to pay for goods and services at more than 20,000 point-of-sale (PoS) terminals throughout the struggling South American country. This follows a deal between Panamanian crypto exchange Cryptobuyer and local payments processor Mega Soft to connect some of Venezuela’s biggest retail chains for this purpose.

2020-5-19 01:30


дальше еще 76 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Terraform Labs, Do Kwon reach tentative settlement with SEC to end civil lawsuit

Singapore-based Terraform Labs and its founder, Do Kwon, have reached a settlement agreement with the SEC to end the civil lawsuit filed in the US over allegations of defrauding crypto investors. The development comes after a jury in the US District Court for the Southern District of New York found the company and Kwon liable […] The post Terraform Labs, Do Kwon reach tentative settlement with SEC to end civil lawsuit appeared first on CryptoSlate.

U.S. Supreme Court Loss for Coinbase Leaves Company with Mixed Record

The U.S. Supreme Court ruled against Coinbase Inc. (COIN) in its dispute over which legal agreement should hold sway when parties are under two distinct contracts and the first of them calls for arbitration, finding the company's case was "unpersuasive" and that the courts need to work those questions out when they arise.

Bankruptcy court approves NYAG, Genesis $2 billion settlement

The US Bankruptcy Court for the Southern District of New York has approved the $2 billion settlement between Genesis Global and the New York Attorney General and confirmed the Amended Plan of Reorganization for the defunct company and its subsidiaries.