A recent case involving a complex kidnapping-for-ransom operation highlights Binance’s crucial role in combating financial crimes. The Philippine National Police, aided by Binance’s Financial Intelligence Unit (FIU), successfully […]
Five Men Plead Guilty in Major Crypto Laundering Scheme, $36.9M Stolen from U.S. Investors
Five men have pleaded guilty to charges related to a large-scale crypto laundering scheme that stole over $36.9 million from U.S. investors. The defendants used shell corporations and […]
UK Invests in Crypto Expertise to Recover Assets from Insolvent Cases
The UK government has appointed its first dedicated crypto intelligence specialist, Andrew Small, to bolster asset recovery efforts in bankruptcy and criminal cases. This role underscores the UK’s […]
Anhui Police Crackdown on 80 Million Yuan Money Laundering Scheme
Chinese authorities have dismantled a significant money laundering operation, uncovering illegal activities worth over 80 million yuan. The operation involved traditional financial transactions, as no direct cryptocurrency involvement […]
AUSTRAC Tightens Crypto ATM Rules: New Limits & Enforcement Actions
Australia’s financial intelligence agency (AUSTRAC) has imposed new rules on cryptocurrency ATMs to combat fraud and protect consumers. The agency now caps cash transactions at approximately USD 3,250 […]
Coinbase Partners with Irdeto to Combat Rise of Crypto-Related Crime
Coinbase, a leading cryptocurrency exchange, has announced a strategic partnership with cybersecurity firm Irdeto to combat the increasing threat of criminal activity within the crypto space. The move […]
Nevada Man Sentenced for $7.9 Million Bank Fraud Scheme
Duncan-Carle, a Las Vegas resident, was sentenced to 72 months in prison after admitting to stealing over $7.9 million from U.S. Treasury checks between January and September 2023. […]
Crypto Scam South Korea: Key Figure Extradited, Over $236 Million Stolen
South Korean authorities have apprehended a key figure in a massive cryptocurrency scam that left over 15,000 investors out of pocket. The ringleader was extradited from abroad after […]
U.S. Treasury Targets Huione Group for Money Laundering: Key Takeaways
The U.S. Department of the Treasury has designated the Cambodian-based Huione Group as a major money laundering concern, citing connections to transnational cybercrime networks. This action underscores the […]
Russia to Enforce Seizure of Cryptocurrencies in Criminal Cases
To combat financial crimes involving cryptocurrencies, Russia is modernizing its legal tools by proposing a bill that would classify digital assets as property. The move allows courts and […]
Hong Kong Police Dismantle Massive Cryptocurrency Laundering Network
In a major breakthrough, Hong Kong police dismantled a cross-border cryptocurrency laundering network that allegedly facilitated over $15 million in illicit activity. The operation resulted in the arrest […]
Hong Kong Police Crackdown: 12 Arrested in $15 Million Crypto Laundering Case
Hong Kong police have taken down a major cryptocurrency laundering operation, arresting 12 individuals for allegedly moving over $15 million in illicit funds. The arrests come as part […]
Man Arrested in New Zealand for Role in $265 Million Crypto Scam
A Wellington resident was apprehended in Auckland as part of an international investigation into a cryptocurrency scam that allegedly stole $265 million (NZD$450 million) from seven victims. This […]
Man Arrested in $265M Cryptocurrency Scam Tied to FBI Investigation
An investigation by the FBI has led to an arrest of a man from Wellington, New Zealand, in connection with a global cryptocurrency fraud operation that is alleged […]
Sichuan Police Dismantle Massive Forex Scheme, Arrest 21 Individuals
Chinese authorities have dismantled a large-scale illegal forex operation in Sichuan province, resulting in the arrest of 21 individuals and over 3.9 billion yuan in illicit currency transactions. […]