Actress Accused of Laundering El Chapo’s Cash – Medium

Did Kate del Castillo Go Gangster to Launch Tequila Brand?

Kicking off the New Year actor Sean Penn, best known for his roles in Fast Times at Ridgemont High, Milk and Dead Man Walking, published a story in Rolling Stone that featured an interview he conducted with the infamous Mexican drug lord, El Chapo, entitled El Chapo Speaks. The story quickly went viral, mostly because of the fact that El Chapo was on the run from authorities at the time and considered ‘the most wanted man in the world’, but also because he has become almost a mythical figure in a society obsessed by fame, and was interviewed by someone almost as famous.

As a result, Sean Penn story nearly broke the Internet. With words.

Immediately questions were raised about how Penn could arrange a meeting that the authorities could not, even though it was revealed in the story that Mexican actress Kate del Castillo orchestrated it. Who is del Castillo? There are rumors that she is El Chapo’s mistress. . . Click here to read the rest of the article on Medium.com.

American banks: all aboard Bitcoin Express? – Medium

U.S. applying anti-money laundering rules to digital currencies

Digitally encrypted cryptocurrencies are hot, particularly as consumer confidence in the current global money infrastructure wanes. So what exactly is a cryptocurrency? The most visible example, Bitcoin bypasses traditional banking systems and operates as an alternative to cash. It’s decentralized, virtual and somewhat anonymous, and was originally developed to handle transactions over the Internet. The currency units consist of a series of numbers that can be traded between accounts, or “wallets,” for services or goods; when it launched in 2009, Bitcoin transactions happened without any government interference (or oversight).

Today, Bitcoin’s not just popular with the average consumer; organized crime and the criminal element have figured out how to use it to efficiently launder money, just as they did with the original cryptocurrency, eGold. In fact, I recently wrote about a money laundering case involving Bitcoin and two secret servicemen who attempted to launder a considerable amount of Bitcoin stolen from Silk Road. For this reason, the U.S. is now applying the anti-money laundering (AML) rules initially written to govern traditional financial organizations to all digital cash companies.

Perhaps even more interesting is that. . . Click here to read the rest of this article on Medium.com.