This is old news - but worth repeating, as evidence of the crypto wild wild west!

Binance failed to police customer accounts executing suspicious transactions after it's s Nov 2023, settlement with the US Government for violations of sanctions and Bank Secrecy Laws.

Some accounts moved eight or nine figure sums, with a total of $144M in suspicious transfers. The operator of four cryptocurrency wallets involved has a history of transferring illicit funds for Hezbollah, the Houthis in Yemen, and the Assad regime in Syria. https://www.comsuregroup.com/news/13-suspicious-accounts-totalling-17-billion-since-2021/#:~:text=22/12/2025.%20According%20to%20a%20report%20in%20the,of%20a%202023%20settlement%20with%20the%20U.S.. #Crypto #CryptoCurrencies #Regulations #BankingLaw #Binance #USGov #CryptoCrime #MoneyLaundering #KYC #OFAC #Zhao

By way of #introduction, I'm Head of the Legal & Compliance Unit at the European Banking Authority in #Paris, as well as #DataProtection Officer and #Ethics Officer.

One of the UK nationals working for the #EU, I am interested in a range of #EULaw topics, particularly #BankingLaw, #FinancialServicesLaw, #EUAdminLaw, #DataProtectionLaw, #RevolvingDoor and, inevitably, #Brexit.

Also a #tenor singing with #ParisChoralSociety, and enjoying #cycling my #Brompton around Paris and #London.

♥️ Welcome to the Mastodon network of federated servers (aka the #Fediverse).

I’ve been here one week. Interested in #fedilaw, #heterodox economics, #Corruption, #bankinglaw, #SCOTUS, #TaxJustice, #progresssive policies, #poetry, #knitting, #nonfictionbooks, #humanism, #theater, #irony, #shakespeare, #GenX

Feeling like Julie McCoy “Your Cruise Director.” #askmeanything