Crypto exchange OKX has found itself entangled in legal and regulatory scrutiny, facing multiple fines from various authorities. The latest incident involves Malta’s Financial Intelligence Analysis Unit (FIAU), […]
Australian Regulator Warns Crypto ATM Operators of Money Laundering Risks
The Australian Financial Intelligence Agency (AUSTRAC) has issued a warning regarding potential money laundering and fraudulent activity linked to crypto ATMs. The agency’s recent analysis has identified suspicious […]
Australia Warns Cryptocurrency ATM Providers Over Money Laundering Concerns
Australia’s financial crime regulator, AUSTRAC, has issued a warning to cryptocurrency ATM providers, highlighting potential risks of money laundering and fraud. The agency’s investigation reveals suspicious activities associated […]
Trump Grants Pardons to BitMEX Co-founders, Clearing Their Names
Three BitMEX co-founders—Arthur Hayes, Benjamin Delo, and Samuel Reed—and former business development chief Gregory Dwyer have been pardoned by President Trump after facing charges related to money laundering. […]
UK Freezes $7.7 Million in Crypto Under New Anti-Crime Powers
The UK government has taken a strong stance against illicit cryptocurrency transactions, freezing nearly $7.7 million in assets since April 2024 under new anti-crime powers granted to law […]
Australia Warns Crypto ATM Providers Over Money Laundering Risks
Australia is taking action against potential misuse of crypto ATMs as concerns about money laundering and fraud rise. The country’s financial crimes watchdog, AUSTRAC, has issued a warning […]
Australia Raises Concerns About Crypto ATM Use Amid Money Laundering Fears
Australia’s financial crime regulator has issued a warning to cryptocurrency ATM operators, expressing concerns that these machines could be used for money laundering and fraud. The Australian Transaction […]
UK Freezes £6 Million in Cryptocurrency Amidst New Enforcement Powers
The UK government has taken a significant step towards curbing illicit activities in the cryptocurrency space by freezing over £6 million worth of crypto assets since new enforcement […]
UK Police Freeze £6 Million in Illicit Crypto Proceeds since New Powers
The United Kingdom has seen a significant crackdown on illicit crypto activities since new powers came into effect last year. Law enforcement, working in tandem with courts, have […]
Melania and Libra Memecoin Insider Teams Suspected of Money Laundering
On-chain analysis reveals suspicious transactions involving wallets linked to MELANIA and LIBRA insider teams. These teams allegedly spent $2.76 million on POPE, incurring a significant loss of $2.73 […]
OKX Affiliate Pleads Guilty to Money Laundering Violations, Faces $500 Million Fine
Aux Cayes FinTech Co., Ltd., an affiliate of OKX, has admitted guilt for operating an unlicensed money-transmitting business in the US, as part of a settlement with the […]
OKX Pays $505M to Settle DOJ Charges Over Unlicensed US Operations
Crypto exchange OKX has agreed to pay a $505 million penalty following a guilty plea for operating an unlicensed money-transmitting business in violation of U.S. Anti-Money Laundering laws. […]
Norwegian Crypto Fraudsters Allegedly Stealing Millions Through Ponzi Scheme
Norway is grappling with one of its largest investment fraud cases as authorities have charged four men in connection with a massive cryptocurrency scam that defrauded thousands of […]