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 […]
Australian Police Uncover $190 Million Crypto Money Laundering Ring
The Australian Federal Police (AFP) has taken down a sophisticated money laundering operation involving over $190 million in cryptocurrency, resulting in charges against four individuals. The operation allegedly […]
Australian Security Firm Linked to $123 Million Cryptocurrency Laundering Ring
Australian authorities have arrested four individuals as a result of an 18-month investigation into a large-scale cryptocurrency laundering operation, allegedly linked to a cash-in-transit security firm. The Australian […]
Australian Authorities Dismantle $21 Million Crypto Money Laundering Scheme
Law enforcement in Australia has dismantled a significant crypto-linked money laundering operation based in Southeast Queensland. An 18-month investigation by the Australian Federal Police (AFP), alongside various agencies, […]
Australian Authorities Dismantle Major Money Laundering Operation
Australian law enforcement agencies have dismantled a sophisticated money laundering operation, uncovering a network suspected of moving millions through the country undetected. An investigation spanning 18 months by […]
Anhui Police Crackdown on 80 Million Yuan Money Laundering Scheme
Chinese authorities have dismantled a significant money laundering operation, uncovering illegal activities worth over 80 million yuan. The operation involved traditional financial transactions, as no direct cryptocurrency involvement […]
China Uncovers Money Laundering in Hyperliquid Scheme, Raising Regulatory Concerns
Chinese authorities have uncovered a series of money laundering schemes linked to the decentralized exchange (DEX) Hyperliquid. These cases highlight the challenges regulators face monitoring decentralized finance and […]
DOJ Seizes $7.74 Million in Crypto Tied to North Korean IT Workers
The Department of Justice (DOJ) has taken action against individuals allegedly involved in illicit activities involving cryptocurrency linked to North Korea. In a recent civil forfeiture complaint, DOJ […]
China Cracks Down on Hyperliquid Money Laundering Scheme
Chinese authorities have investigated several instances of using Hyperliquid to launder illicit funds. The decentralized exchange’s high-leverage trading mechanism allowed users to disguise profits with risky bets, ultimately […]
Russia Tightens Crypto Control: Banks To Monitor Transactions for Fraudulent Activity
The Central Bank of Russia (CBR) is stepping up its efforts to curb illicit cryptocurrency activities. It has issued new guidelines requiring commercial banks to identify and monitor […]
Crypto Ransom Demands: Chinese Businessman Kidnapped, Family Targeted by Cryptocurrency Payment
A high-profile kidnapping in the Philippines has brought the growing use of cryptocurrency in criminal activity into sharp focus. Chinese businessman Guo Congyuan was abducted in April 2025 […]
Lazarus Group Exploits Crypto Bridges for Money Laundering
North Korean hacker group Lazarus has been exploiting vulnerabilities in cross-chain cryptocurrency bridges to launder stolen funds, according to investigative work by ZachXBT. The on-chain detective exposed how […]
Ransomware Evolves in the Web3 Era: Crypto-Chain Fuels New Attacks and Money Laundering
While ransomware payment volume dropped 35% in 2024, a deeper look reveals that criminals have shifted tactics. Blockchain’s pseudonymity enables financial infrastructure for cyber extortion through new attack […]
US Man Sentenced for Bitcoin-Facilitated Drug Trafficking Case Highlights Cryptocurrency’s Role in Illicit Activities
A recent US sentencing has revealed the increasing use of cryptocurrency in drug trafficking. This case highlights the crucial need to combat illicit activities involving digital currencies, while […]
Czech Minister Resigns Amid Bitcoin Scandal
Czech Justice Minister Pavel Blažek has resigned following a major scandal involving a $45 million Bitcoin donation linked to a convicted drug trafficker. The controversial donation, totaling approximately […]