Global #Money Laundering

Supporters of Silk Road founder Ross Ulbricht have donated over $270,000 in cryptocurrencies to aid his reintegration into society.

Australia's financial intelligence agency, AUSTRAC, is ramping up its efforts to combat money laundering and other financial crimes involving cryptocurrencies.

A letter sent to the Financial Conduct Authority (FCA) by a former compliance consultant for a cryptocurrency platform has raised significant concerns regarding the operations of TikTok's virtual currency segment.

The prosecution of Olumide Osunkoya marks a pivotal moment in the United Kingdom's approach to cryptocurrency regulation. This case is notable as it represents the first prosecution under new money laundering and terrorist financing regulations, reflecting the authorities' intensified scrutiny of the crypto sector.

The Nigerian legal system is poised to take center stage in a high-stakes trial involving Binance, one of the world's largest cryptocurrency exchanges, and two of its executives.

In a significant enforcement action, the Securities and Exchange Commission (SEC) has fined New York-based broker-dealer OTC Link $1.19 million for failing to file Suspicious Activity Reports (SARs) over a period of three years.

Three British citizens linked to the "Evolved Apes" NFT scam have been indicted in the U.S. for allegedly scheming to commit wire fraud and money laundering.

United States authorities have apprehended two individuals believed to be the masterminds behind a money laundering operation involving the funneling of over $73 million through U.S. financial institutions, ultimately converting the funds into Tether (USDT).

Binance, the world's largest cryptocurrency exchange, is currently entangled in a multifaceted legal dispute with Nigerian authorities, who have leveled accusations of money laundering, tax evasion, and currency speculation against the exchange.

Canada's financial regulator, FINTRAC, has fined Binance, the world's largest cryptocurrency exchange, a hefty sum of 6 million Canadian dollars, approximately $4.4 million USD.

Three former executives of the now-defunct cryptocurrency loan and investment company Cred are the subject of allegations from the US Department of Justice (DOJ), which claims they were part of a scam that caused consumers to lose their holdings in cryptocurrency, which are today worth over $783 million.

After training an artificial intelligence (AI) model on a record 200 million transactions, blockchain analytics company Elliptic claimed to have found possible money laundering tendencies on the Bitcoin network.