Regulators, including the U.S. Department of Justice, specifically cited high-risk transactions involving digital assets like Bitcoin as a key area of weakness in Cash App's anti-money laundering controls

Bitcoin

The first and largest cryptocurrency, spanning its price and adoption, mining, protocol politics, and its contested role as digital money and inflation hedge.

2 debates·1,263 claims·349 news stories

Anti-money laundering in crypto

Rules that force crypto businesses to identify customers and report suspicious transactions, from KYC mandates and the Travel Rule to mixer enforcement.

486 claims·145 news stories