The US Treasury Department has imposed a ban on the Huione Group, a Cambodia-based company suspected of laundering billions in illegal proceeds. The action follows a FinCEN proposal […]
US Treasury Targets Huione Group Over Alleged Links to North Korea’s Lazarus Group
The US Treasury Department announced a major move against Cambodia’s Huione Group, proposing to sever ties with the financial services network due to its suspected involvement in laundering […]
Russia Prepares to Prosecute Illegal Cryptocurrency Mining
The Russian government is taking a strong stance against illegal cryptocurrency mining, proposing criminal charges as a response to concerns about money laundering activities. Russia’s Federal Financial Monitoring […]
Jay Clayton Takes Helm as SDNY U.S. Attorney, Bringing Crypto Expertise
Jay Clayton, former Chairman of the SEC, has been appointed U.S. Attorney for the Southern District of New York (SDNY), marking a significant return to government service in […]
Ex-Wall Street Exec Charged With Investor Fraud in Crypto Casino Venture
Richard Kim, a former executive at renowned Wall Street firms like Galaxy Digital, Goldman Sachs, and JPMorgan Chase, has been accused of defrauding investors in his crypto casino […]
Brazilian Court Sentences Individuals to Record Time for Crypto Ponzi Scheme
A Brazilian Federal Court has delivered a historic verdict in the Braiscompany crypto Ponzi scheme case, sentencing three key players to over 170 years in prison. This marks […]
Anchorage Digital Under Investigation for Potential Financial Crimes
The U.S. Department of Homeland Security’s El Dorado Task Force has initiated an investigation into Anchorage Digital Bank, the only federally chartered crypto bank in the nation, according […]
U.S. Department of Homeland Security Probes Anchorage Digital Bank Over Alleged Financial Crimes
The U.S. Department of Homeland Security has launched an investigation into Anchorage Digital Bank, a financial institution backed by prominent Wall Street firms, for suspected money laundering and […]