The Latest FinCrime News about Crypto
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Is X the New High Risk Frontier for Global Money Laundering
Industry leaders raise alarms over the lack of Know Your Customer protocols as X moves toward crypto trading. The platform faces major AML hurdles in its expansion.
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Nigeria Mandates Strict Identity Linkage to Curb Crypto Laundering
Nigeria has introduced a strict Nigerian Crypto Anti-Money Laundering Framework that links all digital asset transactions to national identification numbers to eliminate anonymity and prevent the laundering of illicit funds through exchanges.
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Prince TCO Founder Chen Zhi Arrested Amid 15 Billion Asset Seizure
The arrest of Chen Zhi for Prince TCO Money Laundering follows a record 15 billion dollar asset seizure by the DOJ, exposing a global web of fraud and forced labor.
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49 Crypto Firms Now Under FIU-India Watch to Prevent Money Laundering
India has registered 49 crypto exchanges with the FIU to bolster Crypto Compliance and combat money laundering through virtual digital assets.
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KoFIU Sanctions Korbit With 1.9M$ Penalty for Significant AML Violations
The Korea Financial Intelligence Unit imposed a KRW 2.73 billion fine on Korbit after an inspection revealed 22,000 AML breaches and failures in the Korbit Financial Intelligence Unit compliance framework.
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Korea Financial Intelligence Unit (KoFIU) Revamps Regulatory Compliance Standards
The Korea Financial Intelligence Unit has launched a task force to overhaul the national AML framework and eliminate reporting loopholes for virtual asset service providers before the upcoming 2028 global evaluation.
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FBI Shuts Down a 70 Million Dollar Cyber Laundering Service E-Note
The FBI dismantled the E-Note platform after uncovering seventy million dollars in criminal proceeds, leading to a potential twenty year prison sentence for the operator of this virtual money laundering network.
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Money Laundering Risks Shadow Dubai Charity Crypto Innovation
Exploring the money laundering risks in the non profit sector as Dubai organizations adopt digital asset donation laundering prevention measures for virtual gifts.
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UK Lawmakers Demand Revised Regulatory Framework for Stablecoin Stability
British legislators are challenging the central bank on its systemic stablecoin governance approach to ensure that new limits do not unintentionally drive financial activity to offshore markets.
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How Financial Crime is wired into the 2025 Trump National Security Strategy (NSS)
The 2025 U.S. National Security Strategy elevates financial crime to a central national-security concern, linking economic power, sanctions pressure, and illicit-finance threats across global flashpoints.
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Key Insights from the TRM Labs 2025 Global Crypto Report
This analysis examines how the TRM Labs 2025 Global Crypto Report reflects global regulatory momentum driven by stablecoin oversight and stronger AML supervision.
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Criminal empire of fake investment crypto platforms finally dismantled by Europol
Europol coordinated a major action targeting fake investment crypto platforms and money laundering, revealing a criminal network that moved over EUR 700 million across borders.
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UK Political Donations Face Scrutiny Over Crypto Anonymity Risks
UK officials are reviewing political donations made through digital assets due to crypto anonymity concerns and risks linked to unverifiable sources of funding.
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Europol’s Operation Olympia Halts EUR 25 Million Cryptomixer Laundering Scheme
The cryptomixer laundering case led to a EUR 25 million seizure after authorities confirmed the platform’s role in concealing criminal Bitcoin flows.
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Dunamu Battles Harsh AML Ruling in Korean Courts
Dunamu is considering an appeal after receiving a major enforcement action from the Financial Intelligence Unit, placing the company at the center of South Korea’s escalating scrutiny of crypto-exchange compliance. The penalty stems from alleged gaps in customer verification and monitoring at Upbit, and the firm’s challenge could become a pivotal moment for how AML standards are applied across the sector.
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Major Blow to Crypto Market as Korea’s FIU (KOFIU) Imposes Heavy Penalties on Exchanges
South Korea’s FIU issued strong actions against top exchanges after uncovering crypto enforcement failures that exposed significant laundering risks.
Other News About Crypto
Is X the New High Risk Frontier for Global Money Laundering
Industry leaders raise alarms over the lack of Know Your Customer protocols as X moves toward crypto trading. The platform faces major AML hurdles in its expansion.
Nigeria Mandates Strict Identity Linkage to Curb Crypto Laundering
Nigeria has introduced a strict Nigerian Crypto Anti-Money Laundering Framework that links all digital asset transactions to national identification numbers to eliminate anonymity and prevent the laundering of illicit funds through exchanges.
Prince TCO Founder Chen Zhi Arrested Amid 15 Billion Asset Seizure
The arrest of Chen Zhi for Prince TCO Money Laundering follows a record 15 billion dollar asset seizure by the DOJ, exposing a global web of fraud and forced labor.