Bitcoin, what is it?

Welcome to the MFC series on Bitcoin! Over the next few weeks, we will look into how Bitcoin is used, created, and traded. And see if the benefits of using Bitcoin outweigh the risks. Looking to purchase items online, but want to stay anonymous? Try Bitcoin. Interested in sending money to a friend, but don’t … Continue reading »

Bitcoin / In the Headlines

Bitcoin is once again making front page news. But this time for being used in Money Laundering.

The CEO Charlie Shrem of BitInstanst bitcoin exchange and underground bitcoin exchanger Robert Faielle have been charged with Money Laundering, according to NPR. It is a rare chance for the field of anti money laundering to make headlines, yet it is not a surprise. After months of controversy surrounding the new, and untraceable currency called … Continue reading »


What are Financial Crimes?

With whom do you bank? Do you own any stocks? Move money across borders? What methods do you use to move money? Do you donate to charity? Do you declare all of your earnings on your tax return? Give gifts to anyone whose position of power could benefit you? Ever transferred money on someone else’s … Continue reading »