Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad DisclosureHong Kong police have broken up a money‑laundering ring that moved 15 million through more than 550 accounts…
Hong Kong police arrested 12 people involved in a cross-border money laundering scheme that relied on crypto and over 500 stooge bank accounts to launder HK$118 million ($15 million), local…
Key Points:Hong Kong police action dismantles money laundering syndicate using crypto exchanges.118 million yuan in illicit funds affected.Ongoing anti-fraud enhancements in Hong Kong.
On May 17, 2025, Hong Kong police executed…
In briefA delay between the request to freeze an address and its on-chain execution for Tether's USDT stablecoin was found by blockchain forensics firm AMLBot.Tether blacklists addresses connected to illegal…
European authorities have dismantled a sprawling money laundering network dubbed the “mafia crypto bank,” arresting 17 individuals accused of laundering over €21 million ($23.5 million) in cryptocurrency for criminal groups…
Key Points:Criminal gang dismantled in Shanghai for crypto wallet fraud.11 individuals arrested for money laundering activities.Highlight on China’s regulatory efforts against financial fraud.
Shanghai police have successfully dismantled a criminal gang…
Shaurya is the Co-Leader of the CoinDesk tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and protocol analysis.Shaurya holds over $1,000 in BTC,…
Binance founder and convicted felon Changpeng Zhao says that he applied for a pardon from US President Donald Trump shortly after denying reports that he was seeking one.Zhao, also known…
The U.S. Treasury Department's Financial Crimes Enforcement Network (FinCEN) proposed actions Thursday to sever Cambodia-based Huione Group from the U.S. financial system."For years, Huione Group has laundered illicit proceeds from…