Payza

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DOJ Hits Crypto-Friendly Money Company Payza with Laundering Accusations

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The money transfer provider Payza has been sued by the US Department of Justice for allegedly committing acts of money laundering totaling around $250 million. The lawsuit hit the cryptocurrency-friendly payment portal Payza with allegations of conducting illicit activities such as pyramid schemes, Ponzi schemes, and even child pornography. A court document was filed almost two years ago on November 3, 2016; nonetheless, it was … Read more

Payza Faces Major Money Laundering Charges in the US

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Most people are familiar with the company Payza. This particular service provider integrated cryptocurrency payments quite some time ago. It now seems the US government has taken a rather harsh course of action against Payza. The company faces charges of running an unlicensed money services business. US Government Cracks Down on Payza Any company dealing … Read more

ICE Agency Charges Payza and Two Canadian Citizens With Bitcoin Money Laundering

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This week the U.S. Immigration and Customs Enforcement’s Homeland Security agency (ICE) has revealed that it is charging two Canadian brothers and the company Payza with illegal money transmission and money laundering charges tethered to cryptocurrency transactions. Also read: ICO Trackers Are the New Gatekeepers of Crowdsales Money Transmitters are Required to Register With U.S. Federal … Read more

Payza Enables Full E-Wallet Support for Dash

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People who often rely on online payments and e-wallets will have come across the name Payza. This company was the first provider to let members use Bitcoin alongside traditional currencies. Payza is now adding support for Dash, one of the top privacy-oriented cryptocurrencies. It’s an interesting choice, yet the company feels it is the only choice as of … Read more