OFAC Sanctions Virtual Currency Mixer
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has sanctioned the virtual currency mixer Tornado Cash. Since it's creation in 2019, Tornado Cash has allegedly been…
A Guide to 2022 OFAC Screening Requirements
A Guide to 2022 OFAC Screening Requirements Financial institutions and other regulated entities have a duty to conduct risk assessments in an effort to prevent illegal transactions and comply with…
ACAMS Las Vegas Conference 2022 – Truth Technologies at Booth #231
ACAMS Las Vegas Conference 2022 - Truth Technologies at Booth #231 Truth Technologies is excited to be attending the ACAMS 21st Annual AML & Anti-Financial Crime Conference in Las Vegas…
How To Grow A Successful Business
https://www.youtube.com/embed/mnLpnQ68x0Y https://youtu.be/mnLpnQ68x0Y?t=1 Check out this interview of our CEO and Founder of Truth Technologies Egide Thein speaking with OneIMS about how to grow a successfull business using the principles and…
What Is AML Screening, and How Is It Effective?
Money laundering is a growing problem around the world, and as technology advances, the issue will only get worse. Every regulated business and financial institution needs to have processes in…
The Role of Sanctions and PEP Screening in the KYC Process
High-risk businesses like banks, law firms, insurance companies, and other regulated entities must perform screenings of both new and current customers as part of the risk assessment process. These checks…
Art Market Gaining as Hub for Money Laundering
The Louvre The art market is gaining as a hub for money laundering, and it’s a growing. AML and KYC compliance measures are gaining strength in this market, but it…
Governing Bodies to Seize the Assets Of Russian Oligarchs
New Sanctions Lead to New Punishments Following the global sanctions imposed on Russia in response to their invasion of Ukraine, the United States declared it will “identify, hunt down, and…
Recent Sanctions on Russia to Identify Private Investors
Recent sanction on Russia sparks new efforts to identify private investors in the recent months. This topic has come about from round after round of sanctions have been imposed on…
Money Laundering in Crypto-Currency Spurs New Watch Dogs
Sharp Increase in Money Laundering in Cyberspace Law enforcement agencies have served as big watch dogs that have surveilled the rise of crypto and cyber crimes for quite some time.…
