MONEY LAUNDERING
OFAC Crypto Sanctions Hit $100B+ in Illicit Flows Through 2025
Chainalysis tracker reveals OFAC has sanctioned exchanges processing billions in crypto crime, from Garantex to Huione Group's $4B laundering operation.
China Imprisons Five for $166M USDT Money Laundering Operation
A Beijing court has sentenced five individuals for laundering $166 million using USDT, marking a significant crackdown on crypto-related financial crimes in China.
UK Considers Keeping $6.4B Bitcoin Gains From Chinese Fraud
The High Court is considering if to reimburse only the original investment value of £640 million while the seized Bitcoin is now worth nearly $7.24 billion, potentially leaving $6.4 billion in government hands.
North Korean IT Workers Exploit Crypto for Illicit Financing
North Korean IT workers are reportedly using cryptocurrency to fund weapons programs. Discover the intricate networks facilitating these operations and the global efforts to disrupt them.
Tether Aids Brazilian Authorities in Freezing R$32 Million in Money Laundering Case
Tether collaborates with Brazilian law enforcement to block R$32 million linked to a major money laundering operation, demonstrating its commitment to combating financial crime.
NCA Targets Russian Money Laundering Networks in Major Operation
The UK’s National Crime Agency disrupts a major Russian money laundering network, leading to 84 arrests and the seizure of over 20 million Euros in cash and cryptocurrency.
Japan Faces Challenges in Crypto Money Laundering and Fraud
Japan's crypto landscape sees growing challenges with money laundering and fraud, despite a global decline in illicit activities. On-chain analysis reveals significant financial threats.
Japan Faces Challenges in Combating Crypto Money Laundering and Scams
Japan's crypto ecosystem grapples with money laundering and scams, despite low exposure to global illicit entities. Authorities intensify efforts to address these issues.
Addressing Money Laundering in Cryptocurrency: Policy Proposals and Challenges
Explore how policymakers can tackle money laundering in the crypto sector with strategic measures that enhance digital infrastructure resilience and expand regulatory powers.
Tether Assists in Major Crypto Money Laundering Bust with Dutch Authorities and U.S. Secret Service
Tether aids Dutch FIOD, NHCTU, and U.S. Secret Service in dismantling cryptocurrency exchanges involved in money laundering.
Money Laundering in Cryptocurrency: Trends and Detection Techniques
Chainalysis highlights emerging trends and innovative techniques for detecting and investigating money laundering in the cryptocurrency ecosystem.
Cryptocurrencies Fueling Trade-Based Money Laundering: Insights from Michael Firing of CITE
Michael Firing, Assistant Director at CITE, discusses how cryptocurrencies are being used in trade-based money laundering activities.
Taiwan's ACE Exchange Founder and Associates Face 20-Year Prison Sentences in Fraud and Money Laundering Case
Taiwan's prosecutors are recommending 20-year prison sentences for four suspects, including ACE Exchange founder David Pan, in a fraud and money laundering case involving the cryptocurrency trading platform. The case, which involved 32 individuals, resulted in over 1,200 victims and an estimated loss of 800 million New Taiwan dollars ($24.56 million).
Tornado Cash Co-Founder Seeks Dismissal of Money Laundering Charges
Tornado Cash's co-founder, Roman Storm, has filed a dismissal motion for charges related to money laundering and violating the IEEPA.
Nigerian High Court Orders Binance to Comply with EFCC Data Request Amidst Money Laundering Concerns
Binance must supply Nigerian user data to the EFCC as the Nigerian High Court cites money laundering risks, highlighting crypto's impact on the naira's stability.