Sentences with phrase «illicit activity»

The Advisory provides examples of money laundering in the real estate sector, how shell companies and all - cash purchases may be linked to illicit activity, and ways in which real estate professionals» can voluntarily file suspicious activity reports.

Made certain the organization does not engage in any illicit activity that will invite legal wrath or harm goodwill

The criminal underworld is disavowing bitcoin in favor of a new breed of cryptocurrencies that can better conceal illicit activity, a phenomenon that can partly explain the rapid rise of altcoins over the past three months.

«Government should also take steps to help ensure that the bitcoin price — wherever the market assigns it — is reflective of investors making informed decisions, free of fraud and manipulation, and that trading is not facilitating illicit activity.

«The action taken in the U.S. directly impacts the upper echelons of organized crime both here in Australia and offshore, who until now have been able to confidently control and direct illicit activity like drug importations, money laundering and associated serious criminal offending,» says Neil Gaughan, the assistant commissioner of organized crime for the Australian Federal Police.

According to one of the Japanese officials quoted by Reuters, «the trick will be to apply regulations to protect consumers and prevent illicit activity, without stifling innovation in the fast - growing cryptocurrency and fintech sectors».

Many parents, themselves, face illicit activity on their Facebook accounts.

Our corporate mandate at BIG Blockchain Intelligence Group is to provide technology and services that bring cryptocurrency mainstream and create security in the sector, which is why we're stepping up to help bring transparency and insight to this example of illicit activity.

With respect to recent headlines, the country is concerned about the usage of cryptocurrency for illicit activity.

World leaders meeting in Davos last week issued fresh warnings about the dangers of cryptocurrencies, with U.S. Treasury Secretary Steven Mnuchin relating Washington's concern about the money being used for illicit activity.

Bitcoin and other cryptocurrencies remain outlawed in Russia as a payment method, but draft legislation was introduced late last month that would legalize and regulate virtual currencies to curb illicit activity.

The idea is to keep the fundraising local and have full jurisdiction over following up any scams or illicit activity.

As cryptocurrency has become mainstream governments around the world have taken the first steps towards cryptocurrency regulations; Russia wants to create a robust tax regime, the UK and EU wants to force cryptocurrency to comply with Know your Customer (KYC) and Anti Money Laundering (AML) legislation and the Trump administration has voiced concerns that «Bitcoin is being used for illicit activity».

Some bitcoins may be linked to illicit activity and therefore be subject to certain scrutiny from law enforcement.

Where the plaintiff is engaged in illicit activity, harm it suffers as a consequence may not be compensable.

The Guardian did also enter this qualification: «Not all offshore activity is harmful to Africa's interests but the absence of transparency blurs the lines between legitimate and illicit activity.»

Of the Buenos Aires meetings, Mr Green concludes: «The G20 summit is a golden opportunity to move in the direction of a global set of regulations to protect consumers and prevent illicit activity.»

Arms traffickers, drug dealers, and corrupt politicians all use shell companies to carry out their illicit activity.»

By facilitating the continued trade of illegal ivory and animal parts, eBay remains a tacit participant in this illicit activity to which thousand of elephants fall victim each year.

And some got antsy and started reacting to the action, joining the Matteses» avatars atop a table as they posed as Gilbert & George and stealing looks at the illicit activity below Franco's Seedbed platform.

The show, about «dual images of the Caribbean as a utopic place of pleasure and a land of deviance and illicit activity,» explores the role of iconic figures ranging from pirates to missionaries.

The idea of drawing as an illicit activity gives Fabelo a guilty thrill.

Nintendo is creating consumer aggressive features that lock digital purchases, save data, etc., to their systems for illicit activity that's being done by less than a fifth of their customers.

Filled with its fair share of illicit activity, the film is well poised (especially with the debacle surrounding the crippled release of The Interview) to play the role of box office alternative this holiday season.

While we're certainly confident in your ability to sniff out illicit activity of any sort, we just think it's best to do a little homework in researching various online dating reviews so that you can make an informed decision on why platform you use, and effectively avoid all of the mediocre websites out there.

Most of Nangonya's training covered the subjects that might be expected: the ins and outs of the nuclear fuel cycle, how to verify that each and every reported gram of plutonium and uranium are where they are supposed to be, and how to spot signs of illicit activity.

These findings do not suggest that there would be an explosion of illicit activity if menthol cigarettes were banned.

He noted that exercises are still being undertaken as part of the 2015 deal like the operation Obangame, a naval collaboration with Gulf of Guinea and West African nations to counter sea - based illicit activity.

According to a statement signed by Captain Suleman Dahun for the Chief of the Naval Staff, stated that the Exercise, sponsored by U.S Africa Command and designed to improve regional cooperation, maritime domain awareness, information - sharing practices and tactical interdiction expertise to enhance the collective capabilities of Gulf of Guinea and West African nations to counter sea - based illicit activity.

We have put in place a very successful whistle blower programme that is delivering results, and allows those who report illicit activity to receive up to 5 % of any funds that we recover.

It was a fun excuse to play with toys, but Jones was hawking a philosophy, too: that good parents are parents who are having fun with their kids, no matter how illicit the activity might seem.

We then explore the difficult subject of what to do if you are worried your daughter may be involved in drugs, sex or any illicit activity.

«Crack houses and these dens of suffering and illicit activity, they're all people trying to feel good, trying to feel connected.

That's given way to arguments on both sides of the aisle: Some critics say that it could help mask illicit activity, while others champion the digital trail as a way to improve transparency.

We identify illicit activity in cryptocurrencies by providing actionable intelligence to cryptocurrency companies, financial institutions and government agencies.

This eCommerce activity from merchants selling computers, consumer electronics, precious metals, and even government services has likely eclipsed the illicit activity widely estimated from sites like Silk Road.

Think of the amount of harm and illicit activity that is going on with fiat currency compared to cryptocurrency at the moment.

As the Silk Road grew in popularity, so did recognition that bitcoin could be used for illicit activity, and so did the government's interest in it.

Proponents of Section 230 warn it could open up a Pandora's box of threats to internet freedom and actually have the opposite effect of what is intended, in the case of the sex trafficking bill pushing illicit activity into even darker corners of the internet.

Bank of England governor Mark Carney said this week that the G20 needed to consider how easily digital coins should be converted into other central - bank issued currencies, as well as the role of anonymity, as «a lot of the underlying use of these currencies has been illicit activity».

Regulators have expressed concerns over digital assets due to their extremely volatile nature and worries that they could be used for illicit activity.

Colleagues said it would be used for money laundering, drugs, and other illicit activities, he says — the same criticisms lobbed at Bitcoin when it debuted.

Treasury Secretary Steven Mnuchin has been vocal about bitcoin's ability to aid criminals, telling CNBC in Davos in January his main focus on cryptocurrencies is «to make sure that they're not used for illicit activities.»

European Commission Vice President Valdis Dombrovskis, pictured above, said at a February roundtable in Brussels that digital assets «present risks relating to money laundering and the financing of illicit activities.»

During that time, Londoño worked with powerful Colombian crime boss Diego Fernando Murillo, aka «Don Berna,» running drug - trafficking operations and expanding into other illicit activities.

As cryptocurrencies are not backed by government, several authorities fear they may be used for illicit activities like money laundering.

He recalled that in the one case that perhaps came closest — the show - trial conviction of several influential military and intelligence officers for drug trafficking and other crimes in 1989 — there was even some circumstantial evidence that the illicit activities had been tolerated by superiors.

«This is a concerning rate,» Dedrone CEO Jorg Lamprecht told CNBC, «especially in light of international incidents where drones have crashed into other aircraft, and been used by terrorists, and used in other illicit activities.»

They may, like China, engage in a host of illicit activities - pay - offs, piracy, hidden subsidies — to promote national champions.

There you have it — three completely independent sources from credible authorities have unanimously disclosed that cryptocurrencies are far from posing any measurable risk related to money laundering, finance terrorism, or other illicit activities of the kind.