Illegal Transactions

Highlights: TRM Labs has launched the Beacon Network to help trace stolen crypto and freeze illegal funds. TRM Labs said criminals have hit major hacks this year, and exchanges are now acting faster to block stolen funds. Investigators have already […]

Highlights: Telegram has banned Haowang Guarantee and removed all related crypto scam groups and NFTs. The marketplace enabled fake trades and processed billions in transactions using stablecoins. Xinbi Guarantee is under the radar as it is suspected of facilitating criminal […]

Highlights: Neel Kashkari said most of the crypto transactions are used in illegal activities like the drug trade. Industry leaders criticize Kashkari’s claims and emphasize crypto’s legitimate transactions and strong anti-money laundering protocols. Despite criticism, institutional investments and the recent […]

Highlights: South Korean regulator plans to inspect crypto exchanges and wallets for illegal transactions and compliance issues. The probe will involve two major South Korean exchanges. The FSS aims to identify and eliminate fraudulent or illegal transactions South Korea’s Financial […]