Singapore Ends $2.2B Laundering Case With Fines
Singapore fined nine financial firms, including UBS and Citigroup, S$27.5 million ($21.5 million) after a probe into the country’s largest…
Tag: laundering
Chile Cracks Down on Tren de Aragua’s Crypto Money Laundering Scheme
Chile recently cracked down on a money laundering scheme that involved moving millions of dollars to various countries, including Venezuela,…
US Crypto Exchanges a ‘Blind Spot’ in North Korea Laundering Scheme
North Korean developers, operating as fake freelancers, have reportedly amassed over $16.5 million this year by infiltrating crypto and traditional…
US sanctions Mexican banks, alleging connections to cartel money laundering | Crime News
Mexican Finance Ministry says it has not received evidence to support claims against CIBanco, Intercam and Vector banks. The United…
WhiteRock token may be laundering ZKasino’s stolen $33M, ZachXBT warns
On-chain investigator ZachXBT revealed links between the RWA project WhiteRock with the notorious ZKasino rug pull. crypto.news #WhiteRock #token #laundering…
Huione crypto laundering network thrives despite supposed shutdown and regulatory sanctions: Chainanalysis
Crypto laundering network Huione continues to operate at scale, with its transaction volumes increasing even after FinCEN had designated it…
Hong Kong developing tool to track crypto-based money laundering: report
Hong Kong Customs is partnering with the University of Hong Kong to develop a new tool for tracing cryptocurrency transactions,…
$124M Crypto Laundering Scheme Exposed in Australia—Authorities Charge Four
A long-running Australian multi-agency investigation has dismantled a sophisticated money laundering scheme in Queensland, charging four individuals and freezing $13.7…
Russian National Hit With 22 Charges for Laundering $530M in Crypto
A Russian national faces 22 charges for laundering $530 million through cryptocurrency, using his companies to bypass U.S. sanctions and…
Crypto CEO linked to Russia accused of laundering $500 million
Signage is seen at the United States Department of Justice headquarters in Washington, D.C., August 29, 2020. Andrew Kelly |…