Dark Bank's Collapse: Key Player in €1 Billion Money Laundering Scheme Brought Down - PRESS AI WORLD
PRESSAI
All categories
Recent Posts
side-post-image
Jannik Sinner Dominates Alex de Minaur to Secure Spot in Australian Open 2025 Semifinals
user-iconGloria Terra
side-post-image
EPFO Registers Significant Growth with 14.63 Lakh Net Members Added in November 2024
user-iconFelix Ledger
Contact Phone:
Crime

Dark Bank's Collapse: Key Player in €1 Billion Money Laundering Scheme Brought Down

share-iconFriday, January 10 comment-icon1 week ago 8 views
News sources:
lemondeLEMONDE
Dark Bank's Collapse: Key Player in €1 Billion Money Laundering Scheme Brought Down

Credited from: LEMONDE

  • Dark Bank, known on the Sky ECC platform, was a significant target for French justice due to extensive money laundering operations.
  • He provided crypto-asset funds to criminal organizations and facilitated their cash collection in exchange.
  • His network converted over $998.8 million in cryptocurrency between 2019 and 2021, laundering over a billion euros in total.
  • The laundering processes involved using platforms such as Binance, which is currently under judicial investigation for anti-money laundering failures.
  • Judicial proceedings began in March 2023, with charges including laundering drug trafficking and criminal conspiracy across multiple countries.

For the full article, visit Le Monde.

SHARE THIS ARTICLE:

TAGS:

Dark bank Organized crime Money laundering Cryptocurrency Cybercrime
author-dp

Author:

Tommy Anderson

Crime is a multifaceted aspect of human society. Keywords: wrongdoing, unraveling motives, methods, and consequences.

nav-post-picture
date-iconJanuary 10, 2025 Trump Blames Newsom for California Wildfires Amid Biden's Federal Aid Pledge
date-iconJanuary 10, 2025 Shift from Fresh to Processed Foods Dominates Indian Dining Trends
nav-post-picture
Related Posts
main-post-image
POLITICS
Trump Grants Pardon to Silk Road Founder Ross Ulbricht in Controversial Move
date-iconJan 22, 2025
main-post-image
WORLD NEWS
Trump's Meme Coin Launch Raises Concerns in Crypto Community
date-iconJan 22, 2025
main-post-image
WORLD NEWS
Chilean Nationals Arrested in Connection with High-Profile Burglaries Targeting Athletes
date-iconJan 22, 2025
main-post-image
WORLD NEWS
Trump's Executive Order to Tag Drug Cartels as Terrorists Sparks Mexican Sovereignty Concerns
date-iconJan 22, 2025
main-post-image
ECONOMY
Donald Trump's Meme Coin Surges Over $10 Billion Market Value on Inauguration Day
date-iconJan 21, 2025
main-post-image
POLITICS
Washington Post Staff Urges Jeff Bezos to Reassess Newspaper's Direction Amid Crisis
date-iconJan 16, 2025

Stay Connected

main-post-image
World News
Rams Prepare for Challenging Playoff Showdown Against Eagles and Star RB Saquon Barkley
date-icon January 17, 2025
main-post-image
World News
Daily Muhurat Update for January 16, 2025: Tithi, Festivals, Auspicious Yogas, and Rahu Kaal for New York City and Los Angeles
date-icon January 16, 2025
main-post-image
World News
EU Intensifies Inquiry into X's Algorithms, Demands Internal Documents from Elon Musk
date-icon January 17, 2025
main-post-image
World News
Controversial Return of Pizarro Statue Sparks Protests in Lima
date-icon January 19, 2025

Tags

Stay informed effortlessly with PRESS AI WORLD, the AI-powered news summarizer that delivers concise, easy-to-read global headlines tailored to your interests.

Categories

Recent Posts

side-post-image
Jannik Sinner Dominates Alex de Minaur to Secure Spot in Australian Open 2025 Semifinals
user-iconGloria Terra
side-post-image
EPFO Registers Significant Growth with 14.63 Lakh Net Members Added in November 2024
user-iconFelix Ledger
© 2025 All rights reserved | PRESS AI WORLD