Money Laundering News

The GENIUS Act would legitimize stablecoins for institutional adoption and set a precedent for other global jurisdictions, according to the managing partner of DWF Labs.

Hong Kong police have arrested 12 people tied to a $15 million crypto laundering operation, which was dismantled on the same day.

Another 12 people have been charged over a massive crypto theft ring, which at one point stole 4,100 Bitcoin from a single person.

Europol and Spanish law enforcement broke a money laundering network that handled over $23 million for migrant smugglers and drug traffickers.

Changpeng Zhao has confirmed that he sought a pardon from Donald Trump for his money laundering conviction, reversing his earlier denial of reports that he had made the request.

The US government and global regulatory efforts had a major effect on crypto compliance over the past few years, according to Elliptic's James Smith.

The UK's Financial Conduct Authority is gearing up for a sweeping crypto authorization shakeup by 2026, targeting stablecoins, lending, exchanges, and more. Builders worldwide should take note.

MiCA-licensed OKX has significantly improved compliance in the past 18 months, but the Maltese regulator said it could not ignore its past failures.

US officials sanctioned eight crypto wallet addresses tied to Russian exchange Garantex and the Yemeni Houthi movement after blockchain forensics linked nearly $1 billion in funds to Houthi operations.

Arthur Hayes, Benjamin Delo, and Samuel Reed previously pleaded guilty to federal charges related to violations of the Bank Secrecy Act.

He claims the whale was previously arrested for stealing $1 million from two casinos in 2023.

US prosecutors have accused Carl Erik Rinsch of spending $11 million worth of Netflix’s funds on stocks and crypto instead of finishing a science fiction TV show he was producing.

Crypto money laundering involves structured methods to conceal illicit fund origins and evade regulations, including AML.

With the pending conclusion of the criminal case, the SEC could now move forward with civil litigation after a judge signed off on staying the lawsuit in January 2021.

Can DeFi protocols remain neutral when faced with massive criminal exploitation, or must they evolve to avoid regulatory crackdowns?