Firas Isa, CEO of Virtual Assets LLC, faces federal charges for allegedly laundering over $10 million using a network of crypto ATMs linked to fraud and narcotics activity. […]
ICIJ Investigation Reveals Millions Earned by Crypto Exchanges From Illegal Activity
A groundbreaking investigation by the International Consortium of Investigative Journalists (ICIJ) has shed light on the undisclosed financial activities of major cryptocurrency exchanges. The ICIJ’s analysis reveals that […]
Chen Zhi’s Crypto Assets Frozen: Impact on Global Markets
A significant development in the crypto industry has unfolded with the freezing of $150 million belonging to Chen Zhi, chairman of Cambodia’s Prince Holding Group. This action follows […]
Singapore Seizes $150 Million in Assets from Prince Group’s Chen Zhi
Singaporean authorities have seized over $150 million in assets linked to Chen Zhi, founder of the Prince Group, as part of a crackdown on alleged global scams and […]
Australia Seizes $6 Million in Crypto Using Advanced Tools to Combat Illicit Finance
Australian authorities have seized over $6 million in cryptocurrency through advanced digital forensic techniques, highlighting a successful collaborative effort to disrupt illicit financial activities. This seizure represents a […]
Crypto Scam Costs Investors Millions; Group Referenced to Prosecutors
A recent cryptocurrency scam in South Korea has cost investors millions, with a group accused of orchestrating the fraud referred to prosecutors. The alleged scheme involved manipulating digital […]
Nigeria Removed from Fraud List
Nigeria has been officially removed from a global fraud watchlist, reflecting progress made in addressing financial crimes and strengthening international cooperation.
Chinese Woman’s Crypto Fraud Yields $6.7 Billion Seizure
A Chinese national has admitted to laundering over $6.7 billion in Bitcoin, connected to one of the largest cryptocurrency scams ever documented. Zhimin Qian, also known as Yadi […]
American Sentenced, Faces Multi-Million Dollar Restitution For Crypto Investment Fraud
Shengsheng He from La Puente has been sentenced to 51 months in prison and ordered to repay nearly $27 million for his role in a sprawling investment scheme […]
Indonesia & Binance Partner to Combat Crypto Crime
Binance has partnered with Indonesia’s law enforcement agencies to strengthen cybercrime enforcement and tackle financial crimes. The collaboration, which includes the Directorate of Cyber Crime (Bareskrim Polri), Cyber […]
South Korean Police Crackdown on Crypto Hacking Syndicate, Targeting Wealthy Individuals
The South Korean police have apprehended 16 individuals suspected of being part of a sophisticated crypto hacking ring that stole millions from the country’s wealthiest citizens. The operation […]
U.S. Banks Processed $312 Billion in Chinese Drug Funds, Raising Concerns About Money Laundering Networks
A recent report by the U.S. Financial Crimes Enforcement Network (FinCEN) has revealed that American banks processed a staggering $312 billion in suspicious transactions related to Chinese money […]
Arizona Lawmaker Introduces Bill Allowing Private Agents to Seize Crypto Funds
A new bill proposing to empower the US President to authorize private agents for enforcing crypto seizures has been introduced by Arizona Rep. David Schweikert. Dubbed the ‘Scam […]
U.S. Department of Justice Takes Action Against Hidden Crypto Laundering Scheme
The U.S. Justice Department has taken action against Iurii Gugnin, a Russian executive accused of laundering over half a billion dollars through US banks and cryptocurrency platforms. The […]
Crypto’s High Stakes: A Rise in Violent Crime Highlights Financial Security Risks
As cryptocurrency adoption gains momentum, a concerning trend emerges: the escalating threat of violent crime targeting crypto investors. Recent high-profile cases demonstrate this unsettling reality. 2025 saw the […]