News

Jurgen Mossack and Ramon Fonseca, the two founders of the now-defunct global law firm at the center of the 2016 Panama Papers scandal, are on trial in Panama for allegedly laundering money, BBC News reported. More Tigran Gambaryan, a former IRS special agent who now heads anti-financial crime compliance at Binance, the world's largest cryptocurrency exchange, pleaded not guilty to money laundering charges in Nigeria, BBC News reported. More U.S. regulators emphasized that banks must not only conduct customer due diligence on their own customers, but also take steps to identify those of the third-party financial platforms they serve, ACAMS...