News with the tag "financial crime"

Is your crypto truly safe? The latest headlines are sending shockwaves through the crypto world as European Union regulators have launched a formal probe into the popular cryptocurrency exchange, OKX. The investigation centers around allegations that OKX’s Web3 service might have been used to launde...

In a startling turn of events highlighting the darker side of the burgeoning cryptocurrency world, South Korean authorities have made swift arrests in connection with a brazen crypto-related robbery. The incident, which unfolded in South Korea, underscores the growing intersection of digital assets ...

A crypto crime task force formed by Tron ( TRX ), TRM Labs and Tether has reportedly frozen over $125 million worth of USDT internationally since its August 2024 inception. According to new announcements from Tron and Tether , the T3 Financial Crime Unit has taken bad actors on the TRX blockchain fo...

“Cryptocurrency transactions are not anonymous; they are the most traceable and trackable assets,” Tether CEO Paolo Ardoino said in April.

Mohammed Azharuddin Chhipa, 35, from Springfield, Virginia, was convicted on December 13, 2024, for providing material support to the Islamic State of Iraq and al-Sham (ISIS), which has been designated a terrorist organization by the United Nations and others. The charges stemmed from his actions be...

Australia proposes tighter AML/CTF rules targeting crypto exchanges, legal services and real estate to combat financial crime.

The teenager allegedly styled himself a crypto expert to draw the terror group’s attention, helping it raise $1,300 in the process.

James Donaldson, better known as MrBeast, is a veritable YouTube superstar. Once a media darling on account of several charitable … Continue reading The post MrBeast investigated for ties to 50+ crypto wallets linked to potential insider trading appeared first on Finbold .

Along with money laundering, Maximiliano Pilipis is also accused of failing to file a tax return for income generated in 2019 and 2020.

TD Bank, one of the largest financial institutions in the U.S., has agreed to pay a record $3 billion penalty, the largest ever under the Bank Secrecy Act, after pleading guilty to felony charges. The bank is the largest in U.S. history to plead guilty to Bank Secrecy Act program failures and the fi...