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Canada Hits Crypto Firm With $126 Million Fine

Cryptomus has been fined $126 million for failing to report thousands of high-risk transactions tied to child abuse, ransomware, and Iran-linked transfers.

Canada’s financial intelligence agency has imposed a record $126 million (Canadian $176.9 million) fine on cryptocurrency platform Cryptomus for several anti-money laundering breaches, citing failures to report thousands of suspicious transactions li… [2103 chars]

Source: Decrypt | Published: 2025-10-23T19:23:34Z

Credit: Decrypt

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