Cryptomus’ Xeltox Enterprises Fined $177 Million By Canadian Regulator

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.

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