In Part 1 of our series, we discussed electronic money and the rules that have allowed e-money institutions to flourish in the European Union with less regulations than banks. This week, we look at an example of how these European businesses have real and widespread influence on criminal operations in the US.   A Haven…

Although electronic money has been around for decades, advancements in technology and new ways of processing payments are making it easier than ever to digitally store, send, and receive money. On the backend, however, e-money processing can be surprisingly complex, as transactions often pass through multiple entities to get from sender to receiver. It’s this…

Have you ever heard of 1-(4-hydroxybenzyl)-1,2,3,4-tetrahydroisoquinoline-6,7-diol or 4-[2-(dimethylamino)ethyl]phenol? Probably not. How about higenamine or hordenine? That may be more likely, but did you know that 1-(4-hydroxybenzyl)-1,2,3,4-tetrahydroisoquinoline-6,7-diol and higenamine are actually the same ingredient? The same is true for 4-[2-(dimethylamino)ethyl]phenol and hordenine.  Ingredient names can be confusing because manufacturers don’t always follow guidelines set by the…