ChipMixer Is Shut Down for Allegedly Laundering $3 Billion in Crypto

U.S. and European authorities took down cryptocurrency platform ChipMixer and charged its alleged operator, accusing it of laundering more than $3 billion of criminal proceeds.

• 2023-03-16
• laundering cryptocurrency platform Quoc Nguyen criminal proceeds

New York sues KuCoin, expands cryptocurrency crackdown

NEW YORK (Reuters) -New York's attorney general on Thursday sued KuCoin for failing to register with the state before letting investors buy and sell cryptocurrencies on its platform, as part of her effort to rein in what she calls "shadowy" cryptocurrency companies. Attorney General Letitia James said the fourth-largest cryptocurrency platform violated the Martin Act, a powerful state securities law, by transacting in cryptocurrencies, selling the product "KuCoin Earn" to generate income for it

• 2023-03-10
• Letitia James New York cryptocurrencies cryptocurrency platform KuCoin