Criminals Launder $7 Billion Through Crypto Platforms A recent report by blockchain analytics platform Elliptic reveals that criminals, including the notorious North Korean hacking group Lazarus,…
The Growing Threat of Crypto Money Laundering The world of crypto is constantly evolving, and so are the methods used by criminals to launder illicit funds.…
The Singapore Government Forms Committee to Enhance Anti-Money Laundering Efforts The Singapore government has established a new inter-departmental committee aimed at improving the nation’s anti-money laundering…
The UK Financial Conduct Authority (FCA) has imposed a significant fine of $7.8 million on commodities broker ADM Investor Services International for its failure to comply…
Belgian Crypto Market Maker KeyRock Receives Approval from Swiss Financial Services Standards Association (VQF) KeyRock, a Belgian crypto market maker, has obtained clearance from the Swiss…
The US Treasury Imposes Sanctions on Sinaloa Cartel Operative for Using Ethereum in Money Laundering Scheme The Department of the Treasury’s Office of Foreign Assets Control…
U.S. Treasury Targets Sinaloa Cartel Member’s Ether Wallet in Crackdown on Fentanyl Distribution The Office of Foreign Assets Control (OFAC) announced on Tuesday that it has…
More Than S$2.4 Billion in Assets Seized in Singapore Money Laundering Probe The Singapore Police Force has recently announced that they have seized additional assets in…
Singaporean Authorities Investigate Crypto-Related Money Laundering Singaporean authorities are intensifying their efforts to combat crypto-related money laundering. According to a recent report by Bloomberg, Singapore banks…
