Category: North-East Asia
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.
Read More
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.
Read More
Major Shift in South Korea’s KoFIU AML Response to Transborder Crime Tactics
Stronger oversight under the new Korea’s KoFIU AML response framework targets rising transborder crime risks and forces banks to elevate controls.
Read More
US DOJ Indictment Exposes a Costly Network of Sham Adviser Firms
A US DOJ indictment describes how Guanhua Su allegedly created and controlled a network of sham investment adviser entities, using false filings and concealed ownership to promote a NASDAQ-listed stock while foreign accounts sold large positions before its price collapsed.
Read More
Dinosaur Bones and London Penthouses Exposed in a $2.3B Laundering Case
A massive money laundering investigation exposed how criminals used London luxury property companies and rare dinosaur fossils to hide illicit funds across borders.
Read More
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.
Read More
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.
Read More
Major Shift in South Korea’s KoFIU AML Response to Transborder Crime Tactics
Stronger oversight under the new Korea’s KoFIU AML response framework targets rising transborder crime risks and forces banks to elevate controls.
Read More
US DOJ Indictment Exposes a Costly Network of Sham Adviser Firms
A US DOJ indictment describes how Guanhua Su allegedly created and controlled a network of sham investment adviser entities, using false filings and concealed ownership to promote a NASDAQ-listed stock while foreign accounts sold large positions before its price collapsed.
Read More
Dinosaur Bones and London Penthouses Exposed in a $2.3B Laundering Case
A massive money laundering investigation exposed how criminals used London luxury property companies and rare dinosaur fossils to hide illicit funds across borders.
Read More
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.
Read More
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.
Read More
Major Shift in South Korea’s KoFIU AML Response to Transborder Crime Tactics
Stronger oversight under the new Korea’s KoFIU AML response framework targets rising transborder crime risks and forces banks to elevate controls.
Read More
US DOJ Indictment Exposes a Costly Network of Sham Adviser Firms
A US DOJ indictment describes how Guanhua Su allegedly created and controlled a network of sham investment adviser entities, using false filings and concealed ownership to promote a NASDAQ-listed stock while foreign accounts sold large positions before its price collapsed.
Read More
Dinosaur Bones and London Penthouses Exposed in a $2.3B Laundering Case
A massive money laundering investigation exposed how criminals used London luxury property companies and rare dinosaur fossils to hide illicit funds across borders.
Read More