AUSTRAC Sanctions Cryptolink for AML/CTF Failures in Crypto ATM Oversight
Australian transaction and analysis centre (AUSTRAC) has imposed a AU$56,340 infringement notice on Cryptolink and accepted a court-enforceable undertaking to rectify major anti-money-laundering and counter-terrorism-financing (AML/CTF) deficiencies. The action, announced 30 October 2025, follows an investigation by AUSTRAC’s Crypto Taskforce that found late reporting of large cash transactions and gaps in the company’s money-laundering and terrorism-financing […]
Australian transaction and analysis centre (AUSTRAC) has imposed a AU$56,340 infringement notice on Cryptolink and accepted a court-enforceable undertaking to rectify major anti-money-laundering and counter-terrorism-financing (AML/CTF) deficiencies. The action, announced 30 October 2025, follows an investigation by AUSTRAC’s Crypto Taskforce that found late reporting of large cash transactions and gaps in the company’s money-laundering and terrorism-financing […]
