The Hong Kong Legislative Council is progressing with the second reading of the Stablecoin Bill, scheduled for May 21, 2025. This legislation sets out a regulatory framework for […]
Hong Kong Law Enforcement Dismantles Major Cryptocurrency Money Laundering Operation
In a significant crackdown, Hong Kong law enforcement authorities have arrested 12 individuals suspected of involvement in a large-scale cryptocurrency money laundering scheme. The operation, spearheaded by the […]
Hong Kong Police Dismantle $15 Million Cryptocurrency Money Laundering Ring
The Hong Kong Commercial Crime Bureau has dismantled a major cross-border cryptocurrency money laundering ring, seizing illicit funds worth an estimated $15 million. The operation involved utilizing mainlander […]
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 Arrest Suspects in Major Cryptocurrency Money-Laundering Scheme
Twelve individuals have been arrested in Hong Kong for alleged involvement in a significant cryptocurrency money laundering scheme. Police uncovered the operation during raids, seizing HK$1.05 million in […]
Hong Kong Police Dismantle Massive Cryptocurrency Money Laundering Ring
In a significant operation, Hong Kong police dismantled a sophisticated cross-border money laundering syndicate that laundered approximately $15 million through cryptocurrency and over 500 bank accounts. The operation, […]
Hong Kong Cracks Down on $15 Million Cryptocurrency Laundering Ring
A joint operation by Hong Kong authorities has resulted in the arrest of 12 individuals, including two prominent ringleaders based in Hong Kong and ten accomplices from mainland […]
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 […]
Hong Kong Dismantles $15 Million Cryptocurrency Money Laundering Syndicate
Hong Kong authorities have dismantled a major cryptocurrency money laundering scheme, seizing funds and arresting twelve individuals in an operation dubbed ‘Night Raid.’ The action, carried out on […]
Hong Kong Police Arrest 12 in $15 Million Crypto Laundering Case
In a major crackdown, Hong Kong authorities have arrested 12 individuals for orchestrating a transnational cryptocurrency money laundering scheme that resulted in a total of $15 million in […]
Hong Kong Police Dismantle $15 Million Crypto Laundering Ring
In a significant crackdown, Hong Kong police have arrested 12 individuals for their involvement in a vast cryptocurrency money laundering operation worth an estimated $15 million. This operation […]
Hong Kong Arrests 12 in Cross-Border Crypto Money Laundering Ring
Hong Kong authorities have apprehended 12 suspects connected to a suspected cryptocurrency and money laundering ring operating across borders. Police investigations reveal the group laundered over HK$118 million […]
Hong Kong Police Arrest 12 in $15M Crypto Laundering Case
Police have arrested 12 individuals suspected of laundering over $15 million through cryptocurrency exchange shops in Hong Kong. The operation involved local and mainland Chinese residents aged 20 […]
Hong Kong Police Crackdown Targets Money Laundering Syndicate Using Crypto Exchanges
Hong Kong police have dismantled a cross-border money laundering syndicate, seizing 118 million yuan in illicit funds. The operation targeted the group’s use of cryptocurrency exchanges to facilitate […]
MC Group Gains Regulatory Approval for Crypto Trading in Hong Kong
Magic Compass Group (MC Group) has secured a key regulatory boost from Hong Kong’s Securities and Futures Commission (SFC), enabling the firm to offer crypto trading services. This […]