Canadian Regulator | Crypto

FINTRAC has fined Xeltox Enterprises, parent of Cryptomus, $176,960,190 for non-compliance after 1,068 missed suspicious reports and 1,518 unreported virtual-currency transactions in July 2024, citing links to child sexual abuse material, fraud, ransomware and sanctions evasion. The post Cryptomus’ Xeltox Enterprises Fined $177 Million By Canadian Regulator appeared first on Cryptonews.