With technology and AI increasingly used to perpetrate illegal acts, the IRS’ crime fighting arm is announcing a new program ...

The Bank Secrecy Act is a United States federal statute enacted in 1970 to detect and prevent money laundering within financial institutions. The BSA requires financial institutions to keep ...

The co-founders – Arthur Hayes, Benjamin Delo, Samuel Reed and Gregory Dwyer – previously pleaded guilty in 2022 to one count ...

In addition, former employee Gregory Dwyer and an entity owning and operating the crypto exchange received full and ...

The Internal Revenue Service's Criminal Investigation unit has a new initiative for engaging with financial institutions to ...

THE Secrecy of Bank Deposits Act (Republic Act 1405), often referred to as the Bank Secrecy Act, protects the confidentiality of bank deposit information, ensuring that individuals and businesses can ...

On March 13, 2025, the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act, which aims to establish a regulatory ...

Under the Bank Secrecy Act, banks and financial institutions are required to send over a variety of suspicious activity reports to the federal government after detecting potential money laundering ...