#fincen — Public Fediverse posts

Regulators urge banks to screen unauthorized immigrant borrowers https://www.allforgardening.com/1873775/regulators-urge-banks-to-screen-unauthorized-immigrant-borrowers/ #BankingRegulations #CreditRisk #FinancialRegulators #FinCEN #garden #ImmigrantBanking #TrumpAdministration #USBankingSystem

https://mastodon.social/@Karl_Theodor/116108935045637454

icij.org/investigations/fincen-files/

🕵️‍♀️ #Investigations 🪙 #FinCENFiles

💥 #FAQ
❓️ What is the FinCEN Files investigation❓️

What is a #SAR? Is this like the #PanamaPapers? Why should I care about the #FinCEN Files❓️

By #WillFitzgibbon and #BenHallman
Image: #BuzzFeed #News #ICIJ

#Geldwäsche #DeutscheBank #Epstein #EpsteinFiles #Trump #SPD #Finanzminister #Bundesregierung #CSU #CDU #Weedmob #Hanfwissen #Hanfgeschichten #Cannabis #Faschismus #Rassismus #followthemoney

https://mastodon.social/@Karl_Theodor/116103144783141101

https://www.icij.org/investigations/fincen-files/

🕵️‍♀️ # Investigations 🪙 #FinCEN Files

💥 #FAQ
❓ What is the FinCEN Files investigation❓

What is a #SAR? Is this like the #PanamaPapers? Why should I care about the #FinCEN Files❓

By #WillFitzgibbon and #BenHallman
Image: #BuzzFeed #News #ICIJ
September 20, 2020

#warondrugs #Geldwäsche #DeutscheBank #EpsteinFiles #Trump #Merz #Soder #CSU #CDU #SPD #DIELINKE #FDP #BSW #Grune #Klingbeil #Cannabis #Hanfwissen #Weedmob #Hanfgeschichten #politics

https://www.reuters.com/world/europe/palace-marrakesh-how-schwab-moved-277-million-payments-epstein-days-before-his-2026-02-19/
#Epstein #Kahn #FinCEN

#Persona leak continued (2/2)

Integration with Government Systems: The platform is capable of filing Suspicious Activity Reports (#SARs) directly to #FinCEN (U.S. Treasury) and #FINTRAC (Canada), and integrates with blockchain analytics tools like #Chainalysis to monitor cryptocurrency addresses.

Suspicious Checks: Some checks, like "SelfieSuspiciousEntityDetection" and "SelfiePoseRepeatedDetection", lack clear definitions of what constitutes a "suspicious" face or repeated pose, raising concerns about bias and opacity.

This is a big deal. I’ve been telling y’all that age verification was just a way to gather intelligence.

https://www.therage.co/persona-age-verification/

Ransomware may have extorted over $2.1 billion between 2022-2024, but it’s not all bad news, claims FinCEN report https://www.fortra.com/blog/ransomware-may-have-extorted-over-21-billion-between-2022-2024-its-not-all-bad-news-claims #Ransomware #ransomware #Guestblog #FinCEN

Tech Pulse: Agent AI adoption remains slow; title fraud thwarted in Ohio

https://fed.brid.gy/r/https://www.housingwire.com/articles/tech-pulse-agent-ai-adoption-remains-slow-title-fraud-thwarted-in-ohio/

FinCEN Warns Financial Institutions of Crypto Kiosk Scams - The U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN) has issued a notice urg... - https://www.coindesk.com/policy/2025/08/05/fincen-warns-financial-institutions-of-crypto-kiosk-scams #cryptocurrencykiosks #policy #fincen #news

U.S. Government Begins to Sever Cambodia's Huione Group from Financial System - The U.S. Treasury Department proposed cutting off the Cambodia-based Huione Group from th... - https://www.coindesk.com/policy/2025/05/01/us-government-begins-to-sever-cambodias-huione-group-from-financial-system #u.s.treasurydepartment #policy #fincen #huione #news

#Materialien aus der #Natur zur #Autokorrektur 😃

https://www.forschung-und-wissen.de/nachrichten/chemie/hanf-konkurriert-mit-kohlenstoffmodifikation-graphen-13372000

#Hanf konkurriert mit #Kohlenstoffmodifikation #Graphen
#Akkus und #Solarzellen aus Hanf #Hightech

#hemp #cannabis #gerechtigkeit #something #poweroflove #peoplenotprofit #antipro #biggerthanus

#Schattenfinanzen #UltimaRatio

#Lindner #Lauterbach #SPD #Scholz #FDP #CSU #CDU #Merkel #Spahn #Carmen

#FinCEN #geldwäsche #prohibition #anslinger

#klima #FIU #Papst #feel ∞ #WEEDMoB #klimaschutz https://youtu.be/5WCymVvjYjM

Businesses all over the country are learning a day before Christmas Eve that they have until New Year's day to file ownership info to FinCEN, on the threat of severe penalties.

To be clear, there was a stay on the reporting requirements which a Federal appeals code decided to remove today.

#CTA requires most businesses, including small businesses to file information of beneficial owners to #fincen. Fair enough, I guess. But it is written so stupidly broad that it covers fricking #hoa associations. They are a hard bit of money laundering or something, I don't know. It's hard enough to get them to launder gym towels.

https://www.cbsnews.com/news/corporate-transparency-act-cta-fincen-ruling-injunction-what-it-means/

#FInCEN has now posted on its website the following statement concerning the Texas federal court preliminary injunction:  https://fincen.gov/boi

Alert: Impact of Ongoing Litigation – Deadline Stay – Voluntary Submission Only
In light of a recent federal court order, reporting companies are not currently required to file beneficial ownership information with FinCEN (...)

https://www.linkedin.com/posts/kmatzlaw_fincen-has-now-posted-on-its-website-the-activity-7271024757095948288-x-m-

Что такое AML, как очистить или купить чистую криптовалюту

Приватный кошелёк-миксер Wasabi Wallet AML (Anti-Money Laundering) — относительно новая часть регуляций KYC , которые разрослись с принятием USA PATRIOT Act после теракта 9/11. Как обычно, власти используют теракты для закручивания гаек и ущемления прав граждан на десятилетия вперёд (если не навсегда). Все уже забыли, зачем это вводилось, и начали раздеваться разуваться перед входом в самолёт, как будто так положено. Если вкратце, AML — набор мер для предотвращение отмывания денег, финансирования терроризма и другой незаконной деятельности. Изначально термин появился в банковской среде, но позже перекочевал в крипту. В криптоиндустрии AML встретили в штыки , потому что это явная угроза приватности. В современном цифровом мире приватность — синоним безопасности. У нас тут в интернете никаких терактов не было, к чему ваши банковские извращения? Предъявлять паспорт при покупке крипты, что дальше — бензин по паспорту?

https://habr.com/ru/articles/864050/

#KYC #AML #BTC #биткоин #Aifory #криптовалютный_кошелек #Chainalysis #CipherTrace #Elliptic #миксеры #приватность #коинджоин #Wasabi_Wallet #UTXO #FATF #FinCEN

If you own or are part of a board of directors of a business of any size in the US, new regulatory filings are coming in to effect. By the end of the year you have to file what's called a "Beneficial Ownership Information Report" or #BOI / #BOIR with the US government agency, #FINCEN.

Filing the report costs nothing if you do it yourself, but there are pretty severe financial penalties for not doing it.

I've been getting notifications about it for about 48 hours that the deadline is fast approaching, and the #phishing #scammers are already jumping on this bandwagon.

This morning I got an email from the website boifilings[dot]co. The website and email claims to come from the "U.S Business Compliance Commission" which is...not a government agency, but a private company.

They do absolutely no validation on any information in the form they link to, other than the credit card number you enter to pay the $250 (!) they're asking you to pay for what is a free service.

Oh yeah, and they list a street address in their contact information, but a Google Street View of that address shows that it's the disused back door of a windowless warehouse or storage shed. You might call it the Four Seasons Total Landscaping of government agencies.

This may not be criminal, but it's still shady AF.

FINCEN has a FAQ about the process here: https://www.fincen.gov/boi-faqs

To sum up:

☑️ Named intentionally to sound like a government agency
☑️ Uses a logo on its email and webpage that makes it look like a US government agency
☑️ Wants to charge money for a service that is otherwise free
☑️ Does a terrible job at doing the service they are charging for
☑️ Business address corresponds to an unmarked, windowless storage warehouse back door
☑️ No guarantee that they won't just take the money and run

Just in case you were wondering why yes, there is a #crypto angle to the massive #TDBank money laundering scandal.

Turns out a big chunk of the fines levied by #FinCen for the massive drug money laundering facilitated by TD Bank was because "over $420 million [sent] to a financial institution offering cryptocurrency services in the high-risk jurisdiction of #Colombia."

Curious if anyone has any guesses as to what crypto company that is or was.

edit: my current guess is that the crypto company is #Kado, a Colombian company that trades crypto for cash and prepaid debit cards and uses #FortressTrust (FKA #PrimeTrust, a #Nevada company long rumoured to be connected to the italian mafia), to do (probably fake) KYC/AML.

#drugcartels #stockmarket #banking #banks #finance #moneylaundering #uspol #canada #canadapol #canadianpolitics #cryptocurrency #bitcoin #BTC #USDT #USD #crime #cartels #drugcartels #organizedCrime

TD Group Did Not Disclose “Suspicious” Crypto Activity, FinCen Says - A new Financial Crime Enforcement Network (FinCEN) report alleges TD Bank did not disclo... - https://cryptonews.com/news/td-group-did-not-disclose-suspicious-crypto-activity-fincen-says/ #cryptoexchanges #blockchainnews #fincen #aml

"Extraordinary. Tether is in talks with commodity trading shops to help finance their trades, claiming they can offer a lower cost of capital and also be useful in trades involving sanctioned entities." - Joe Wiesenthal

Sanctioned entities means companies in countries like #Russia, #Iran, and #NorthKorea. Tether already has been proven to enable sanctions evasion in the first two of those and money laundering by the third.

Remember that if #Trump wins #Tether will get to hand pick who runs FinCen, the OCC, the FBI, the DOJ, and the Defense Dept. of the United States because the guy who manages Tether's money is the chairman of the Trump transition team (#HowardLutnick).

* BBG: https://www.bloomberg.com/news/articles/2024-10-14/tether-talking-to-commodity-traders-about-lending-its-crypto-billions-usdt
* archive: https://archive.ph/0zLde
* more on Lutnick/Tether/Trump connection: https://universeodon.com/@cryptadamist/113086118854620924

#sanctions #fincen #OCC #FBI #uspol #election2024 #2024election #uspolitics #Maga #Magats #ukraine #ukrainewar #CantorFitzgerald #USDT #crypto #cryptocurrency #Tether

"This is the #police chief of a town that straddles a major highway in and out of #Nashville completely lost to #QAnon obsession and #insanity. These guys have been using federal databases to investigate political campaigns and private citizens. The city council completely supports them and is doing nothing to stop them because they are down the insanity rabbit hole. We are in a very very dangerous place because these guys are not alone. Not even remotely." - Fred Wellman

https://www.newschannel5.com/news/newschannel-5-investigates/qanon-comes-to-main-street/we-already-have-the-receipts-election-denier-says-his-group-gained-access-to-u-s-banking-data

#uspol #uspolitics #tennessee #cops #copaganda #magats #maga #conspiracycop #conspiracytheories #conspiracytheory #conspiracy #cops #FinCen #ShawnTaylor

#Arizona #Republican #legislative #hopeful #brags about #accessing #confidential #FinCen #data with help from #Tennessee #lawenforcement #agency.

The #USDepartmentofTreasury #FinancialCrimesEnforcementNetwork Database tracks #private #financial #transactions to help #lawenforcement #investigate #financial #crimes such as #moneylaundering.

#Women #Transgender #LGBTQ #LGBTQIA #Arizona #Tennessee #Conservatives #Extremism #Fascism #RepublicanParty #ThePartyOfHate

https://www.tucsonsentinel.com/local/report/100724_finchem_fincen/az-republican-legislative-hopeful-finchem-brags-accessing-confidential-fincen-data/

US sanctions Russian crypto platforms for money laundering ties - Two crypto exchanges and two individuals have been sanctioned for ties t... - https://cointelegraph.com/news/us-sanctions-russian-crypto-exchanges-illicit-finance #russiancryptoexchanges #treasurydepartment #moneylaundering #illicitfinance #usgovernment #cybercrime #sanctions #cryptex #fincen #pm2btc #ofac

@briankrebs i see Garantex (the favored #Moscow based #crypto exchange for ransomware gangs looking to cash out) and #Bitzlato (obscure exchange used by darknet market Hydra to launder money that was seized by the US govt early 2023) in the #FinCen order: https://www.fincen.gov/sites/default/files/federal_register_notices/2024-09-26/PM2BTC-Order-508.pdf

(unsurprising but worth noting)

WSJ on #Garantex: https://www.wsj.com/finance/currencies/garantex-russian-crypto-hamas-crime-sanctions-a3648357

US:
#FinCEN Adopts Reporting Requirement for Non-Financed Residential Real Estate Transfers | Goodwin - JDSupra #AML #CFT

https://www.jdsupra.com/legalnews/fincen-adopts-reporting-requirement-for-9776017/

R.I.P. Unhosted Wallet Rule - In 2020, the Financial Crimes Enforcement Network proposed imposing know-your-customer re... - https://www.coindesk.com/opinion/2024/08/23/rip-unhosted-wallet-rule/?utm_medium=referral&utm_source=rss&utm_campaign=headlines #unhostedwallets #stateofcrypto #stevenmnuchin #kamalaharris #newsletters #regulations #opinion #fincen

@ACAVoice has submitted comments on the #FinCEN proposed rule to strengthen and modernize financial institution #AML / #CFT Programs. Read more: https://www.americansabroad.org/aca_submits_comments_on_fincen_aml_proposed_rulemaking_240814

#expats #AmericansAbroad #FinCEN #taxation #FATCA

Some extracts from my pinned toot concerning the ways in which #Uniswap is a particularly diabolical means of capital extraction devised by #TheNerdReich bros of #a16z, #SequoiaCapital, and the rest (and their obscenely well paid and equally obscenely dishonest lawyers) and how the capital being extracted is currently being funneled into the 2024 election.

(The specifics of the electoral corruption are better documented by @molly0xfff; this is more an in depth explainer of the mechanics of one of The Nerd Reich's more effective grifts.)

#MarcAndreessen #SequoiaCapital #BenHorowitz #crypto #COIN #Cryptocurrency #AndreessenHorowitz #ethereum #Sunswap #SwftSwap #LazarusGroup #moneylaundering #FinReg #FinCEN #sanctions #CryptoLobby #USpol #USpolitics #Republicans #politics #CraftVentures #GOP #TheNerdReich

US mulls applying fiat reporting mandate on crypto transfers - The US Treasury and Federal Reserve plan to redefine “money” used under ... - https://cointelegraph.com/news/us-federal-agencies-redefine-money-cryptocurrency-reporting #cryptocurrencyregulation #banksecrecyact #federalreserve #ustreasury #fincen

#TheCryptocalypseChronicles: Of Tech Bros And Trumpers

The reason so many Silicon Valley billionaires suddenly decided to back #DonaldTrump is not the mystery the media is making it out to be.

tl;dr The billionaires backing #Trump are crypto bros and they want to continue profiting from committing various kinds of crimes.

This is a "follow the money" deep dive into how some of these bros profit by investing in companies like #Uniswap that create excellent tools for #NorthKorea to launder stolen money with a passing explanation of how #Coinbase facilitates the overall system.

Ω👇Ω
https://cryptadamus.substack.com/p/of-tech-bros-and-trumpers

#a16z #MarcAndreessen #SequoiaCapital #BenHorowitz #crypto #COIN #Cryptocurrency #AndreessenHorowitz #ethereum #Sunswap #SwftSwap #LazarusGroup #moneylaundering #FinReg #FinCEN #sanctions #CryptoLobby #USpol #USpolitics #Republicans #politics #CraftVentures #GOP #TheNerdReich

Crypto Exchange Bitmex Pleads Guilty to Violating Bank Secrecy Act, AML Failures - Crypto exchange Bitmex has pleaded guilty to violating the Bank Secrecy Act (BSA) ... - https://news.bitcoin.com/crypto-exchange-bitmex-pleads-guilty-to-violating-bank-secrecy-act-aml-failures/ #cryptoexchanges #cryptocurrency #arthurhayes #exchanges #bitmex #crypto #fincen #guilty #cftc #doj