In brief
Germany’s FIU revealed that anti-money laundering reports involving crypto are up 8.2% year-on-year.
The FIU said that cryptocurrencies have become a key component of international money laundering structures.
AI-powered detection tools…
In brief
U.S. authorities have charged Russian citizen Iurii Gugnin with multiple counts of bank fraud and sanctions evasion.
Gugunin is accused of using his NY-based crypto firms as a "covert pipeline"…
A crypto founder has been arrested in New York for allegedly using his crypto firm, Evita Pay, to funnel around $530 million into the US from sanctioned Russian banks to…
Australian authorities have charged four individuals following an 18-month investigation into a $190 million Australian dollar ($123 million) crypto laundering operation allegedly run through a cash-in-transit security company.The Australian Federal…
Authorities in Australia have dismantled a crypto-linked money laundering operation based in Southeast Queensland, following an 18-month investigation. The investigation led to charges against four individuals. The Australian Federal Police…
In brief
Australian police have dismantled a $123 million Queensland money laundering ring that allegedly funneled illicit cash into crypto.
Raids across Brisbane and the Gold Coast uncovered $170,000 in crypto, physical…
Key Takeaways:Tigran Gambarya is stepping down after an eight-month detention in Nigeria.
Nigerian authorities released Gambaryan on humanitarian grounds in October and later dropped all charges.
His departure comes as Binance moves…
A man who converted cash into Bitcoin for scammers and a drug dealer has been sentenced to six years behind bars.Trung Nguyen of Danvers, Massachusetts ran an unlicensed, "no questions…
Key Points:Hong Kong Commercial Crime Bureau’s major operation.
Utilization of cryptocurrencies for money laundering.
Potential for stricter regulations on crypto exchanges.Hong Kong Police Target $15 Million Crypto Syndicate
Hong…
Twelve people have been arrested in Hong Kong and mainland China for their alleged roles in a cross-border money laundering operation that moved HK$118 million ($15 million) through cryptocurrency and…