Tag: financial crime
-
Crypto launderers are turning away from centralized exchanges: Chainalysis
Crypto launderers are increasingly abandoning centralized exchanges in favor of decentralized platforms and privacy tools, Chainalysis reports, complicating law enforcement tracking and reshaping illicit finance patterns.
-
Crypto money laundering balloons to $82B as Chinese-language services dominate, Chainalysis says
Crypto money laundering surged to $82B in 2024, with Chinese-language platforms emerging as key conduits, Chainalysis reports, raising alarms over enforcement gaps and cross-border regulatory blind spots.
-
Australia Puts Crypto Oversight Gaps on 2026 Risk List
Australian regulators have flagged gaps in cryptocurrency oversight as a key financial risk for 2026, signaling tougher rules ahead for digital asset platforms and exchanges.
-
FBI arrests ex-Olympian drug ‘kingpin’ who allegedly used crypto to move proceeds
The FBI has arrested a former Olympian accused of running a global drug operation and using cryptocurrency to launder millions in illicit proceeds, exposing a high-profile link between elite sport, narcotics, and digital finance.
-
Former Exchange Employee Sentenced to 4 Years for Selling …
A former cryptocurrency exchange employee has been sentenced to four years in prison for illegally selling confidential trading information, highlighting ongoing concerns over insider abuse and security in digital asset markets.
-
Russia-linked A7A5 stablecoin processed $100B before sanctions hit: Elliptic
Blockchain analytics firm Elliptic reports that Russia-linked stablecoin A7A5 processed over $100B in transactions before recent sanctions, raising fresh concerns over crypto’s role in evading financial restrictions.
-
22-Year-Old Pleads Guilty in $263 Million Bitcoin and Crypto …
A 22-year-old has pleaded guilty in a $263 million Bitcoin and crypto scheme, admitting to orchestrating a large-scale fraud that duped investors and laundered digital assets across multiple platforms.
-
Alleged $11 Million XRP Thief Countersues Widow of Country Music Legend George Jones
An alleged $11 million XRP thief has countersued the widow of country music legend George Jones, escalating a complex legal battle over missing crypto assets and fraud claims tied to the star’s estate and digital funds.
-
Bitcoin Crime: Be careful out there
Authorities are investigating a brutal home invasion and sexual assault tied to a $1.6 million Bitcoin theft, highlighting growing concerns over violent crime linked to digital assets.