Money Laundering

Highlights: Cambodia’s parliament approved its first anti-scam law to target online fraud and related crimes. The law sets prison terms and fines for scam operators, recruiters, and money launderers. The move follows rising global pressure and fresh sanctions tied to […]

Highlights: Irish authorities seized €30 million in Bitcoin from a wallet linked to crime. Europol helped Irish investigators access the crypto wallet with technical and decryption support. The breakthrough moves forward a long-running case involving 6,000 Bitcoin tied to Clifton […]

Highlights: Arizona officials reported losses after scammers increasingly used crypto ATMs to target residents. Crypto ATM scams often rely on fear and urgency to manipulate their victims. The new state rules limit transactions and require refunds when victims report fraud. […]

Highlights: Alvin Bragg has noted that unlicensed crypto operations let criminals move billions with little oversight. High-fee crypto ATMs help criminals avoid banks and weaken money laundering enforcement. Pig-butchering scams have exposed the limits in tracing and recovering stolen crypto […]

Highlights: Users have rushed to Huione offices after a sudden freeze on withdrawals created panic and raised concerns over delayed access. Huione Pay has shut down after a severe run on funds, and the long repayment delays have increased pressure. […]

Highlights: Canadian authorities dismantle TradeOgre, recovering $56 million CAD in digital assets. Investigation uncovers criminal networks using the exchange for money laundering operations. Platform’s shutdown underscores growing regulatory focus on crypto compliance and security. Canadian authorities have confiscated $56 million […]

Highlights: Thai police arrested a South Korean man in a $50M crypto-to-gold laundering scheme. The laundering involved crypto accounts and gold bar shipments. Taiwan also indicted 14 suspects in a separate $70M crypto laundering case. At the Suvarnabhumi Airport in […]

Highlights: New Zealand will ban crypto ATMs, cap transfers to stop illegal money from moving overseas. New rules ease AML burdens for low-risk businesses and target high-risk criminal activity. Criminals use crypto ATMs to send money for drugs and scams […]

Highlights: Hong Kong is creating a crypto tracker system with the University of Hong Kong. Seven laundering cases using crypto have involved over HK$9 billion since 2021. An agency training workshop was conducted involving eight countries. The University of Hong […]

Highlights: The crypto laundering ring funneled HK$118M via 550 shell accounts 12 suspects linked to cross-border laundering were arrested in Hong Kong Local exchange shops were used by the syndicate to convert the scam funds. An operation by the police […]

Highlights: The crypto crime ring stole over $263 million from digital wallets and exchanges. The group used hacks, social engineering, and home invasions to access crypto. Proceeds funded high-end cars, luxury items, and private jets across the U.S. Federal authorities […]

Highlights: European police have dismantled a crypto crime ring that laundered over €21 million for criminal groups. The network used the hawala system and crypto to hide illegal funds. Police seized assets, including crypto and luxury goods, during the crackdown. […]