Hong Kong Customs is collaborating with the University of Hong Kong to create a new tool for tracing cryptocurrency transactions. This initiative aims to prevent money laundering stemming […]
Hong Kong to Develop Crypto Tracking Tool to Combat Money Laundering
Hong Kong Customs and Excise Department is collaborating with the University of Hong Kong to develop a digital tool that will monitor cryptocurrency transactions suspected of being linked […]
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 […]
U.S. Charges Russian Executive for Massive Crypto Money Laundering
The U.S. Department of Justice (DOJ) has filed charges against Iurii Gugnin, a Russian national and executive at Evita, a cryptocurrency company. Gugnin allegedly laundered over $500 million […]
Crypto Crime Crackdown: Singapore Police Probe Linked to $200,000 in Illicit Funds
Singapore police have launched a crackdown on crypto-related money laundering, uncovering over SGD 200,000 (approx. USD 150,000) in illicit funds during an investigation involving 49 individuals. The operation […]
Singapore Police & StraitsX Target Money Laundering in Crypto Transactions
The Singapore police have joined forces with cryptocurrency platform StraitsX to combat money laundering through digital currencies. From May 13th to May 30th, the joint operation successfully seized […]
Crypto Founder Faces Charges for $500 Million Money Laundering Scheme
A Russian cryptocurrency payment firm’s founder, Iurii Gugnin, has been charged with orchestrating a multi-million dollar money laundering scheme. The United States Department of Justice alleges that Gugnin […]
Suspicious Crypto Transactions Hit Record High in Germany
Germany’s Financial Intelligence Unit (FIU) has reported a record surge in suspicious activity reports concerning cryptocurrencies. Despite overall SAR filings declining, the FIU received 8,711 crypto-related notifications in […]
Crypto Launderer Extradited: Russian Mogul Accused of $530 Million Fraud
Russian citizen Iurri Gugnin, a 38-year-old resident of New York and accused money launderer, has been extradited to the US on charges that he illegally moved billions in […]
U.S. Charges Russian with $530 Million Crypto Money Laundering Scheme
The U.S. Department of Justice (DoJ) has filed charges against Iurii Gugnin, a Russian national, for allegedly orchestrating a massive cryptocurrency money laundering scheme worth an estimated $530 […]
Five Men Indicted for $36.9M Crypto Heist, Money Laundered to Cambodian Operations
A sophisticated international crypto scam targeting American victims has resulted in the guilty pleas of five men. These individuals are accused of funneling stolen funds from their victims […]
Five Men Plead Guilty in Major Crypto Laundering Scheme, $36.9M Stolen from U.S. Investors
Five men have pleaded guilty to charges related to a large-scale crypto laundering scheme that stole over $36.9 million from U.S. investors. The defendants used shell corporations and […]
Crypto Fraud Case Leads to Guilty Pleas; Authorities Target Laundering Rings in Australia and Asia
A massive international crypto scam has resulted in guilty pleas from five men accused of defrauding Americans out of $36.9 million. The case, led by US authorities, involved […]
Crypto Founder Allegedly Laundered $530 Million for Russian Entities
A U.S. crypto payments company founder, Iurii Gugnin, has been charged with running a complex money laundering scheme that moved over half a billion dollars for sanctioned Russian […]
Evita Pay Founder Faces Charges Over Sanctions Violations Involving Russian Bank
Iurii Gugnin, the founder of Evita Pay, is facing serious legal charges from the U.S. Department of Justice for allegedly facilitating over $530 million in transactions using USDT […]