Thai authorities have arrested a South Korean man accused of helping a call center gang launder cryptocurrencies into gold worth more than $50 million.The Technology Crime Suppression Division (TCSD) said…
Taiwanese prosecutors have reportedly indicted 14 people in what they say is the country’s largest-ever cryptocurrency money laundering case, involving more than 1,500 victims and over $70 million in illicit…
HSBC's
Swiss private banking division is under investigation by law enforcement in
Switzerland and France over suspected money laundering activities, the British
banking giant disclosed Wednesday alongside its quarterly earnings that fell
short of…
In brief
Authorities recovered over 90 BTC, valued at about $11 million.
Prosecutors said the funds were moved through eight offshore exchanges and obscured using coin mixing tools.
The case was included in…
Morgan
Stanley faces a new investigation from Wall Street's top regulator over how the
bank screens clients for money laundering risks, adding to the firm's
compliance challenges.Morgan Stanley Under Fresh
FINRA Scrutiny Over Client…
In brief
EU's new Anti-Money Laundering Authority (AMLA) issues warning to crypto exchanges and service providers about stricter compliance requirements starting this month.
Regulators must now assess beneficial owners and shareholders of…
At least $21.8 billion in illicit or high-risk crypto has flowed through crosschain swaps, up from $7 billion in 2023, according to estimates by UK-based blockchain analytics firm Elliptic. Elliptic…
NEW YORK, New York — Tornado Cash developer Roman Storm’s criminal money laundering is slated to begin in Manhattan on Monday morning, when Storm’s lawyers and prosecutors will begin to…
New Zealand will ban cryptocurrency automated teller machines (ATMs) and impose a NZ$5,000 cap on international cash transfers, the country’s Associate Justice Minister, Nicole McKee, announced today (Wednesday).There are 221…
New Zealand has announced a ban on cryptocurrency ATMs and a cap on international cash transfers, moves officials say are part of a broader effort to disrupt money laundering and…