Browsing Tag
Money Laundering
86 posts
U.S. sanctions network tied to DPRK IT jobs and crypto laundering operation
The U.S. Department of the Treasury has imposed sanctions on a network accused of helping North Korea generate…
Chinese-Language Laundering Networks Now Dominate a Fifth of Global Illicit Crypto Flows
The illicit on-chain money laundering ecosystem has expanded sharply over the past five years and has grown from…
Inside the Crypto Laundering Networks of Gambling Syndicates
Online gambling platforms linked to sanctioned guarantee networks have processed over 414 million USDT in revenue in less…
Irish central bank hits Coinbase Europe with €21.5M fine for failed transaction monitoring
Ireland’s central bank has fined Coinbase Europe €21.5 million for failing to properly monitor millions of transactions, including…
Samourai Wallet founders risk five-year term after pleading guilty to laundering charges
Samourai Wallet founders could be looking at a five-year prison term as U.S. prosecutors have pushed for maximum…
Crypto exchange boss found dead in Turkish jail, state media confirms
Faruk Fatih Ozer, the former chief executive of collapsed cryptocurrency exchange Thodex, has been found dead in his…
OKX tightens AML measures after FinCEN action against Huione Group
Cryptocurrency exchange OKX is among the first to take action against funds tied to the Huione Group, after…
US seizes $14B in Bitcoin tied to scams run by Cambodia’s Prince Group
Prosecutors in the United States have charged Cambodia’s Prince Group with wire fraud and money laundering conspiracy, after…
Investigation: The team behind Russian Garantex created a sophisticated international money laundering network
The U.S. Treasury designated Russian crypto exchange Garantex in April 2022. According to the new Treasury press release,…
FinCEN finds $312B Chinese laundering in U.S. banks — crypto is still called criminal
A four-year FinCEN review showed $312 billion laundered in banks by Chinese networks, while enforcement rhetoric continued to…
