Money Laundering – Page 9

Treasury Taps Sanctions Architect to Lead Financial Crimes Team

Andrea Gacki has played a leading role in designing sanctions that the U.S. has imposed on Russia as punishment for its invasion of Ukraine.

By Alan Rappeport

Banking and Financial Institutions Binance E-Commerce Money Laundering Regulation and Deregulation of Industry Securities and Exchange Commission Signature Bank Silvergate Capital Corp Virtual Currency

Binance Moved Billions Through Two U.S. Banks, Regulators Say

The S.E.C. shared new details about how Binance’s accounts at Signature Bank and Silvergate Bank were used to move customer funds quickly through a web of foreign companies.

By Emily Flitter and Matthew Goldstein

Banking and Financial Institutions British American Tobacco PLC Justice Department Money Laundering North Korea Singapore Smoking and Tobacco South Korea Suits and Litigation (Civil) Treasury Department

British American Tobacco Pays U.S. $635 Million for North Korea Cigarette Scheme

Prosecutors in the United States said the firm secretly did business with North Korea through an intermediary, violating sanctions. The company apologized.

By Mike Ives

Binance Commodity Futures Trading Commission Computers and the Internet Justice Department Latham & Watkins LLP Money Laundering Regulation and Deregulation of Industry Suits and Litigation (Civil) Virtual Currency

Binance Faces Mounting Pressure as U.S. Crypto Crackdown Intensifies

The scrutiny on Binance, the giant cryptocurrency exchange, has sent new tremors through a market that is still bruised by the implosion of FTX.

By David Yaffe-Bellany Emily Flitter and Matthew Goldstein