The Financial Crimes Enforcement Network (FinCEN) has assessed a $60 million civil money penalty against the founder of two convertible virtual currency “mixers” for violations of the Bank Secrecy Act.
The allegations include charges of conspiracy to launder monetary instruments and operating an unlicensed money transmitting business on the dark web so customers could anonymously pay for things like drugs, guns, and child pornography.
Read on for details from FinCEN.
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