Nordea in Money Laundering Scandal After Calling Bitcoin ‘High-Risk’ for Money Laundering

Nordic banking giant Nordea Bank is allegedly implicated in a multi-million money laundering scandal. Reportedly, the case is related to another recent money laundering scheme involving Denmark’s Danske Bank. Nordea in Hot Water  Banking giant Nordea Bank, headquartered in Helsinki, is alleged to have accepted criminally-sourced funds from banks located in Lithuania and Estonia. The […]

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London Police Proactive Against Alleged Cryptocurrency Money Laundering

After a warning from European law enforcement agency Europol earlier this year that billions of pounds are being laundered through cryptocurrencies, City of London officials have decided to take matters into their own hands.  Transactions made in Bitcoin and other cryptocurrencies are notoriously complicated to trace due to the fact that users can generally generate […]

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Is the Catholic Church the Next Stop on the Blockchain Train?

Nikita Blows · June 9, 2018 · 11:00 pm The Catholic Church is probably not the first thing that jumps to mind when thinking of blockchain. However, according to uCatholic, this is exactly where the technology could be heading to next. The term “Catholicism” may bring to mind images of dusty scrolls, solemn sermons, and […]

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Embezzled PayPal Funds Laundered into Bitcoins via Online Game

Jeff Francis · April 7, 2018 · 1:30 pm Law enforcement in the UK confiscated almost 10 bitcoins from a PayPal scammer who laundered his embezzled loot through the Second Life online game. Far too often, the media and traditional financial institutions love to paint Bitcoin and other cryptocurrencies as being commonly used by criminals. […]

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