Sentences with phrase «finance illegal activities»

In some cases cryptocurrencies are being used to finance illegal activities.

Not exact matches

To combat the activities of Mexican, Central American, and South American transnational criminal organizations — including illicit finance and money laundering activities and the flow of illegal drugs — the FBI works side - by - side with its numerous domestic and international partners to infiltrate, disrupt, and dismantle these groups by targeting their leadership and using sensitive investigative and intelligence techniques in long - term, proactive investigations.

This is a document aimed prevent and minimize possible risks of any kind of illegal activity, such as money laundering, terrorist financing, drug and human trafficking, etc..

In fact, a recent myth that India was going to outright ban cryptocurrency stemmed from a call by India's Minister of Finance for action with regard to putting an end to illegal activities funded through cryptocurrency.

«Citizens and legal entities risk being drawn - even unintentionally - into illegal activity, including laundering of money obtained through crime, as well as financing terrorism,» Russia's Central Bank said in a statement.

The emails do not appear to provide evidence of illegal activity, but legal experts say Trump Jr. could run into trouble if investigators find he aided a criminal action, such as hacking into Democratic computer networks, or violated campaign - finance laws by accepting gifts from foreign entities.

But Reimer claimed she couldn't trust the people in town hall, and that she had concerns about illegal activities going on in the town's finances.

AFT's dark (and illegal) money groups got dinged to the tune of $ 30,000 for «failure to organize as a PAC, failure to disclose finance activity accurately, contributions made in a manner intended to disguise the true source of the contributions, receipt of contributions not raised in accordance with campaign law, and use of wire transfers.»

In addition to this, you may end up being implicated in money laundering, terrorist financing among other illegal activities.

Unfortunately many credit institutions are known to finance some rather un-TreeHuggeresque activities (like illegal logging and dirty gold mining), so even though the end (product) is good, the means (credit) we use to get there isn't so great.

In a statement, the Chinese central bank said that ICOs are «essentially a non-approved illegal open financing behavior, suspected of illegal sale Tokens, illegal securities issuance and illegal fund - raising, financial fraud, pyramid schemes and other criminal activities.»

Lately, Indian finance ministers have been stressing the need to remove bitcoin from facilitating any illegal activity.

The translation of original text is: «No organizations or individuals shall conduct any illegal token financing activities (ICO).»

As per the latest reports coming from China, the top authorities of National Internet Finance Association (NIFA) has issued a serious warning for illegal cryptocurrency trading activities.

Whether it's through financing criminal activities or just as a means of casual commodity exchange between businesses and individuals, as long as the activity uses cryptocurrencies, then it's downright illegal.

The government must take each and every step to avoid financing of illegal activities through cryptocurrencies.

Bitcoin and Ethereum prices rose slightly on Friday morning in South Korea following Finance minister Choi Jong - woo's announcement: «The government is looking at the option of either close all exchanges or just closing the exchanges that are found to have engaged in illegal activities.

Microsoft co-founder and the world's former richest man Bill Gates has raised concerns about cryptocoins being used for financing criminal and other illegal activities.

«Investors should be aware that these trading services all have potential risks on the policy front, and be advised to stay away from these illegal financing activities,» NIFA writes.

Ray emphasized that the statement of India's Finance Minister Arun Jaitley was misinterpreted by the media which reported it as a ban on cryptocurrencies when Jaitley simply noted that the use of cryptocurrencies in illegal activities will be prohibited and restricted.

As a result of their anonymous nature, «citizens and legal entities may be involved in illegal activities, including legalization (laundering) of proceeds from crime and financing of terrorism.»

The absence of counterparties in the usage of cryptocurrencies «including Bitcoins, for illegal activities in anonymous systems could subject the users to unintentional breaches of anti-money laundering while combating the financing of terrorism (AML / CFT) laws.»

Real estate professionals should be aware of «red flags» that may indicate illegal financing activities.

These voluntary guidelines will also help real estate agents be effective partners with enforcement agencies in detecting and addressing the use of real estate in illegal financing activities.