Xeltox/Cryptomus fined C$177M for failing to report 1,000+ suspicious crypto transactions. Violations involved child abuse, fraud, ransomware, and sanctions-related transactions. Firm previously faced BC Securities Commission action over unrecognized exchange operations. Canada's Financial Transactions and Reports Analysis Centre (Fintrac) has imposed the largest penalty on record against Xeltox Enterprises Ltd., operating as Cryptomus, after the [...]The post Crypto firm Xeltox fined record C$177M by Canadian AML regulator appeared first on CoinJournal.