Money Laundering

Hacks & Exploits · 1 day ago Curaçao Regulator Hacked, Crypto Casinos Face Potential Doxxing Crypto casinos registered in Curaçao may have their sensitive information exposed following a hacking incident involving the Curaçao Gaming Authority. The regulator is investigating the breach's scope and potential consequences.

Hacks & Exploits · 3 days ago Former Bank Employee Sentenced for Stealing Over $1 Million from Elderly Clients Yue Cao, a former KeyBank employee, has been sentenced to 10 years in prison for stealing over $1 million from elderly customers aged 90 to 103.

Hacks & Exploits · 4 days ago UAE and Sweden Arrest Seven in $7 Million Crypto Money Laundering Case Authorities in the UAE and Sweden have arrested seven individuals linked to a $7 million cryptocurrency laundering operation that was tied to organized crime, including contract killings.

Stablecoins · 1 week ago Thailand SEC Proposes Restrictions on Stablecoin Transfers to Enhance Compliance Thailand's Securities and Exchange Commission has proposed new rules that would restrict stablecoin transfers to accounts verified as belonging to the customer, aiming to combat risks associated with money laundering and cybercrime.

Hacks & Exploits · 1 week ago Texas Woman Loses $20,000 to Scammers Posing as Bank Officials A 75-year-old Texas woman fell victim to a phone scam, losing $20,000 after being tricked by scammers impersonating Wells Fargo and FBI officials.

Macro · 1 week ago US Government Targets $24 Billion Xinbi Crypto Black Market in Major Crackdown US authorities have intensified their crackdown on the Xinbi Guarantee crypto marketplace, seizing over $52 million in assets and sanctioning associated companies. This action aims to disrupt a significant transnational money laundering operation lin

Macro · 2 weeks ago Huawei Faces Trial for Alleged Sanctions Violations in Iran Huawei Technologies is set to go to trial in September 2026 over allegations of using a shell company to conduct business in Iran, violating U.S. sanctions.

Compliance · 2 weeks ago AUSTRAC Cancels 45 Crypto and Remittance Registrations in Enforcement Sweep Australia's financial intelligence agency, AUSTRAC, has canceled, suspended, or refused to renew 45 registrations for crypto and remittance firms over the past year due to various compliance issues.

Adoption · 2 weeks ago Philippines Central Bank Proposes 12-Month Freeze on New Payment Operators The Bangko Sentral ng Pilipinas has proposed a 12-month suspension on new payment operator registrations, aiming to tighten regulations on cryptocurrency payments and enhance consumer protections.

Derivatives · 2 weeks ago Ben Delo Donates £4 Million to Reform UK, Totaling £8 Million in Contributions Ben Delo, co-founder of BitMEX, has donated an additional £4 million to Reform UK, bringing his total contributions to £8 million, making him the party's second-largest donor.

Companies · 2 weeks ago Thailand SEC Implements Travel Rule for Digital Asset Transfers by 2027 Thailand's SEC has established new regulations requiring digital asset operators to verify transaction details and conduct enhanced checks on counterparties, effective February 27, 2027.

Compliance · 3 weeks ago UK Targets $86 Billion Russia-Linked Crypto Network Amid Sanctions Crackdown The UK is intensifying its sanctions against Russia by focusing on the financial networks facilitating illicit transactions, including a notable $86 billion crypto pipeline.

Compliance · 3 weeks ago Israeli Crime Networks Increasingly Utilize Bitcoin and Tether for Money Laundering Israeli organized crime groups are increasingly using cryptocurrencies like Bitcoin and Tether for money laundering and financing illicit activities, prompting law enforcement to enhance their tracking capabilities.

Compliance · 3 weeks ago Profit Connect Owner Convicted for $24 Million AI Crypto Fraud Brent C. Kovar, owner of Profit Connect, was found guilty of defrauding investors out of $24 million through false claims about an AI-driven crypto business.

Compliance · 3 weeks ago Roman Storm's Tornado Cash Retrial Delayed to April 2027 Roman Storm, co-founder of Tornado Cash, will face retrial on money laundering charges on April 26, 2027, following a judge's order due to a pending acquittal motion.

Companies · 4 weeks ago Binance Appoints Two Senior Compliance Executives from Crypto.com Binance has strengthened its compliance team by hiring Antonio Alvarez and Duncan DeVille from Crypto.com as it navigates ongoing regulatory scrutiny.

Companies · 4 weeks ago Federal Court Allows Binance Theft Lawsuit to Proceed, Rejecting Arbitration A federal appeals court has ruled that a theft lawsuit against Binance can move forward, as the plaintiffs never opened accounts with the exchange, thus not being bound by its arbitration terms.

Compliance · 4 weeks ago US to Restrict Dollar Access for Entities Linked to Iran Money Laundering The US plans to tighten financial measures against those suspected of laundering money for Iran, aiming to further isolate the nation from the global financial system.

Markets · 1 month ago KuCoin Achieves ISO/IEC 42001 Certification for AI Management System KuCoin has secured ISO/IEC 42001:2023 certification for its AI management system, enhancing its governance framework as AI use grows in the crypto sector.

Funding · 1 month ago Trump Family Crypto Venture Receives $100 Million from Money Laundering Suspect Guren 'Bobby' Zhou, previously investigated for money laundering, invested $100 million in the Trump family's crypto project, World Liberty Financial.