Australian crypto exchange Cointree has been fined for failing to submit suspicious activity reports (SARs) on time, violating anti-money laundering (AML) laws. The financial intelligence agency AUSTRAC penalized the platform as part of a broader compliance crackdown targeting digital currency exchanges and remittance providers. Cointree reportedly delayed multiple SARs related to potentially illicit transactions, raising regulatory concerns. AUSTRAC emphasized the vital role of timely reporting in combating financial crime. This enforcement action follows increased scrutiny of the crypto sector in Australia, with over 50 platforms under investigation for similar breaches. The fine signals stricter oversight and growing accountability for crypto firms.
LIVE
Mkt Cap $2.29T
BTC Dom 56.76 %
BTC
$64,703.00
▼ -0.10%
ETH
$1,907.09
▼ -0.30%
USDT
$0.999394
▲ +0.00%
BNB
$590.96
▼ -0.20%
USDC
$0.999647
▲ +0.00%
XRP
$1.01
▼ -2.90%
SOL
$73.25
▼ -0.20%
TRX
$0.327121
▲ +0.20%
FIGR_HELOC
$1.03
▲ +0.80%
HYPE
$53.99
▼ -4.00%
DOGE
$0.069531
▲ +0.40%
USDS
$0.999926
▲ +0.00%
RAIN
$0.012742
▲ +1.50%
LEO
$9.76
▲ +0.00%
ZEC
$509.97
▲ +3.10%
ADA
$0.199853
▼ -4.40%
XMR
$371.23
▲ +1.50%
WBT
$55.95
▼ -0.20%
LINK
$8.17
▼ -0.80%
XLM
$0.16032
▼ -1.20%
DAI
$1.00
▲ +0.00%
BCH
$214.69
▲ +0.10%
USD1
$0.999712
▲ +0.00%
USDE
$0.99973
▲ +0.00%
GRAM
$1.35
▼ -2.40%
Mkt Cap $2.29T
BTC Dom 56.76 %
BTC
$64,703.00
▼ -0.10%
ETH
$1,907.09
▼ -0.30%
USDT
$0.999394
▲ +0.00%
BNB
$590.96
▼ -0.20%
USDC
$0.999647
▲ +0.00%
XRP
$1.01
▼ -2.90%
SOL
$73.25
▼ -0.20%
TRX
$0.327121
▲ +0.20%
FIGR_HELOC
$1.03
▲ +0.80%
HYPE
$53.99
▼ -4.00%
DOGE
$0.069531
▲ +0.40%
USDS
$0.999926
▲ +0.00%
RAIN
$0.012742
▲ +1.50%
LEO
$9.76
▲ +0.00%
ZEC
$509.97
▲ +3.10%
ADA
$0.199853
▼ -4.40%
XMR
$371.23
▲ +1.50%
WBT
$55.95
▼ -0.20%
LINK
$8.17
▼ -0.80%
XLM
$0.16032
▼ -1.20%
DAI
$1.00
▲ +0.00%
BCH
$214.69
▲ +0.10%
USD1
$0.999712
▲ +0.00%
USDE
$0.99973
▲ +0.00%
GRAM
$1.35
▼ -2.40%
BTC
$64,703.00
▼ -0.10%
ETH
$1,907.09
▼ -0.30%
USDT
$0.999394
▲ +0.00%
BNB
$590.96
▼ -0.20%
USDC
$0.999647
▲ +0.00%
XRP
$1.01
▼ -2.90%
SOL
$73.25
▼ -0.20%
TRX
$0.327121
▲ +0.20%
FIGR_HELOC
$1.03
▲ +0.80%
HYPE
$53.99
▼ -4.00%
DOGE
$0.069531
▲ +0.40%
USDS
$0.999926
▲ +0.00%
RAIN
$0.012742
▲ +1.50%
LEO
$9.76
▲ +0.00%
ZEC
$509.97
▲ +3.10%
ADA
$0.199853
▼ -4.40%
XMR
$371.23
▲ +1.50%
WBT
$55.95
▼ -0.20%
LINK
$8.17
▼ -0.80%
XLM
$0.16032
▼ -1.20%
DAI
$1.00
▲ +0.00%
BCH
$214.69
▲ +0.10%
USD1
$0.999712
▲ +0.00%
USDE
$0.99973
▲ +0.00%
GRAM
$1.35
▼ -2.40%
Mkt Cap $2.29T
BTC Dom 56.76 %
BTC
$64,703.00
▼ -0.10%
ETH
$1,907.09
▼ -0.30%
USDT
$0.999394
▲ +0.00%
BNB
$590.96
▼ -0.20%
USDC
$0.999647
▲ +0.00%
XRP
$1.01
▼ -2.90%
SOL
$73.25
▼ -0.20%
TRX
$0.327121
▲ +0.20%
FIGR_HELOC
$1.03
▲ +0.80%
HYPE
$53.99
▼ -4.00%
DOGE
$0.069531
▲ +0.40%
USDS
$0.999926
▲ +0.00%
RAIN
$0.012742
▲ +1.50%
LEO
$9.76
▲ +0.00%
ZEC
$509.97
▲ +3.10%
ADA
$0.199853
▼ -4.40%
XMR
$371.23
▲ +1.50%
WBT
$55.95
▼ -0.20%
LINK
$8.17
▼ -0.80%
XLM
$0.16032
▼ -1.20%
DAI
$1.00
▲ +0.00%
BCH
$214.69
▲ +0.10%
USD1
$0.999712
▲ +0.00%
USDE
$0.99973
▲ +0.00%
GRAM
$1.35
▼ -2.40%
