Tag Archives: Bitcoin

Loophole in the wall

Posted on April 7, 2021 by Susan Grossey author

Cash is a problem during a pandemic.  Cash-intensive businesses like nail bars cannot trade, and takeaway food outlets have turned into delivery hubs with payment in advance by card.  Luckily, anyone desperate to offload their criminal cash has a new-ish … Continue reading →

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Nasty things indeed

Posted on August 3, 2018 by Susan Grossey author

Today I received a fabulous email.  It came to my work email address – no surprise there, as this is plastered all over this blog and my website and so is easily harvested – and makes reference to a password … Continue reading →

Posted in AML, Bribery and corruption, Money laundering | Tagged , , , , , , , , | 5 Comments

AML 1, bitcoin 0

Posted on January 31, 2018 by Susan Grossey author

There have been acres of newsprint (and the digital equivalent) written in recent months about the long-term future of bitcoin in particular and cryptocurrencies in general.  The value of bitcoin, for instance, is going through the roof, and then back … Continue reading →

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Outside the tent

Posted on September 25, 2017 by Susan Grossey author

Regulation has been on my mind lately – and doubly so since the decision last Friday by Transport for London not to renew the private hire licence for “ride-hailing app firm” Uber.  Not that I’m affected personally – I’ve never … Continue reading →

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Windows of opportunity

Posted on February 10, 2017 by Susan Grossey author

As I design, prepare and deliver AML training, I often find that unexpected themes appear in what I am saying.  Nearly every training session I do has some revised basic information – what money laundering is, what the local legislation … Continue reading →

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When is money laundering not money laundering?

Posted on August 19, 2016 by Susan Grossey author

When it’s not money, of course.  In a recent case, a judge in Florida declared that bitcoin is not money, and therefore that the man who was accused of selling it to an undercover detective who said that he wanted … Continue reading →

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Baby Bitcoin steps

Posted on June 20, 2014 by Susan Grossey author

Most humans are the same: we claim to seek and foster change, but when it happens, we’re cautious (and often divided) about how to deal with it.  Digital currencies, for instance.  Last week, the Isle of Man government announced that it … Continue reading →

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May the (Financial Action Task) force be with you

Posted on May 8, 2014 by Susan Grossey author

I’m a bit embarrassed to admit that I’m not actually all that clear on how Bitcoin works.  I get the idea of a virtual currency, and I sort of understand how most currencies have the backing of a central bank … Continue reading →

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Now you see it, now you don’t

Posted on May 20, 2013 by Susan Grossey author

I mentioned a little while ago that I will soon be publishing my first novel, set in 1824.  I chose that period of history because of the huge developments in finance at the time: paper money (as opposed to coin … Continue reading →

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