A recent report from the UK’s Royal United Services Institute (RUSI) sheds light on a concerning trend: the growing use of cryptocurrency in illicit financial activities within Ukraine. […]
FinCEN Identifies $312 Billion in Chinese Money Laundering Through U.S. Banks
A new report from FinCEN reveals the staggering figure of nearly $312 billion in suspicious transactions linked to Chinese money laundering networks processed through U.S. banks between 2020 […]
US Banks Facilitate $312 Billion in China-Linked Drug Cartel Funds
A new report from the Financial Crimes Enforcement Network (FinCEN) reveals that Chinese money laundering networks have laundered over $312 billion through US banks between 2020 and 2024. […]
Chinese Laundering Networks: $312B Exposes Financial Systems’ Weakness
A new report from FinCEN reveals a staggering $312 billion in suspicious transactions linked to Chinese networks operating within U.S. banks, highlighting the vulnerability of fiat systems despite […]
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 […]
Coinbase CEO Argues Blockchain Can Curb $312 Billion Chinese Money Laundering
Coinbase’s chief legal officer, Paul Grewal, contends that blockchain technology offers a solution to the issue of Chinese money laundering. He argues that its transparency can deter criminals […]
US Banks: Laundering Billions, Crypto Faces Scrutiny
New reports reveal a staggering $312 billion in illicit funds funneled through US banking systems by Chinese criminal networks between 2020 and 2024. These funds are linked to […]
US Banks Launder $312B in Dirty Money for Chinese Gangs: New Report Shows Crypto Not Responsible
A new report reveals that US banks laundered an alarming $312 billion for Chinese money laundering networks between 2020 and 2024. The analysis, conducted by the FinCEN, examined […]
Fraud Charges Filed Against Anchorage Man, Indian National: DOJ Investigates Nine-Year Scheme
In a major development, the US Department of Justice (DOJ) has filed charges against Gregg from Anchorage and Pandey from India for a nine-year fraud scheme. The indictment […]
Thai Police Arrest Crypto Launderer Suspected of Stealing $50M
Thailand has arrested a South Korean national, Han, suspected of laundering over $50 million in illicit cryptocurrency by converting it into gold. Han was apprehended at Suvarnabhumi Airport […]
South Korean National Arrested for $50 Million Crypto Laundering Scheme in Thailand
Thai police have arrested a South Korean national, Han, on charges of orchestrating a $50 million cryptocurrency and gold laundering operation in the country. The arrest occurred at […]
South Korean Arrested in Thailand for Cryptocurrency and Gold Money Laundering
A South Korean man, Han, has been arrested in Thailand for allegedly laundering $50 million through cryptocurrency and gold. The operation involved a fraudulent call center scheme promising […]
South Korean Extradited for $50 Million Crypto-Gold Fraud Scheme in Thailand
A South Korean citizen, Han, was arrested in Bangkok’s Suvarnabhumi Airport in August 2025, accused of orchestrating a fraudulent scheme involving over $50 million worth of USDT to […]
South Korean Suspect Arrested in Major $50 Million Crypto Money Laundering Scheme
A South Korean man has been apprehended in Thailand for his role in a high-value cryptocurrency money laundering operation that illegally converted millions of dollars worth of digital […]
South Korea Man Arrested for $50 Million Cryptocurrency Scam in Thailand
A 33-year-old man, Han, has been arrested in Thailand at Bangkok’s Suvarnabhumi Airport under a warrant issued earlier this year. He is facing charges of fraud, money laundering, […]