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United States Secret Service

FinCEN Fines BTC-e For Violating U.S. Anti-Money Laundering Laws

The treasury, for the first time, has taken legal action against a foreign-located money services business. On July 26, 2017, The Financial Crimes Enforcement Network (FinCEN) announced the assessment of a $110,003,312 civil money penalty against BTC-e, or Canton Business Corporation (BTC-e) for “willfully violating U.S. anti-money laundering (AML) laws.” […]

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