Law Enforcement Agencies
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Sullivan & Cromwell LLP’s $13.5 Million Expense Report for FTX: A Review of Tax and Security Issues
On April 13th, it was announced that law firm Sullivan& Cromwell LLP\’s monthly expense report shows that FTX lawyers have been studying tax issues surrounding the possible restart
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Stricter Identity Checks on Cryptocurrency Exchange Users: EU Report’s Recommendations
According to reports, a report funded by the European Commission calls for stricter identity checks on cryptocurrency exchange users to ensure that exchange, broker, and ATM users
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India Crypto Exchange WazirX Releases Fourth Edition Transparency Report
According to reports, the Indian cryptocurrency exchange WazirX released its fourth transparency report. During the period from October 2022 to March 2023, WazirX stated that it maintained a 100% compliance record for all requests received from law enforcement agencies (LEAs), and the requests received involved transactions with a total value of $390 million. In addition, WazirX actively identifies suspicious active accounts through third-party platforms and shares information with the Financial Investigation Unit (FIU-IND). Interpretation of this information: In recent years, India has witnessed the rapid growth of the cryptocurrency market,…