Money
-
Regulation
JPMorgan Chase, Bank of America and Wells Fargo Accounts Used in Alleged $92,000,000 Money Laundering Scheme: Report
An alleged $92 million money laundering scheme went “right through” three of the largest banks in the US, according to…
Read More » -
Regulation
DOJ Arrests CFO of Media Outlet Epoch Times for Alleged $67,000,000 Money Laundering Scheme Involving Crypto
The U.S. Attorney’s Office, Southern District of New York (USAO-SDNY), is charging the chief financial officer of The Epoch Times,…
Read More » -
Regulation
FTX Paid More Than $25,000,000 in Hush Money to Whistleblowers, According to Court Examiner
The bankrupt crypto exchange FTX paid more than $25 million worth of hush money to whistleblowers before collapsing in November…
Read More » -
Scams
CFTC Warns Public of ‘Money Mule’ Scams Involving Crypto Disguised As Work-From-Home Opportunities
Students and job seekers should be wary of a specific type of crypto scam falsely promising work-from-home opportunities, warns the…
Read More » -
Regulation
US senators challenge DOJ’s broad definition of crypto money transmitters
Two US lawmakers have opposed the Department of Justice’s (DOJ) attempt to expand the definition of a money-transmitting business. In a…
Read More » -
Scams
Use of Fake Money Reported Across US After Secret Service Seizes $21,800,000 of Counterfeit Cash in One Year
Reports of people trying to use counterfeit cash are spreading across the US. Headlines on various attempts to pay with…
Read More » -
Regulation
Taiwan revises money laundering act to include digital assets
Taiwan is bolstering its anti-money laundering regulations through amendments to its Money Laundering Control Act, as the island aligns its…
Read More » -
Scams
Bank Employee Hijacks Dead Customer’s Account, Drains $105,000 in Morbid Money Scheme: DOJ
A former employee at a commercial bank in the US just pleaded guilty to draining $105,000 from a deceased customer’s…
Read More » -
Regulation
FBI warns US citizens against using ‘unregistered crypto money transmitting services’
The FBI advised US citizens against using unregistered crypto services to transmit assets on April 25. The agency’s warning stated…
Read More » -
Regulation
Nigeria Orders Incarceration of Binance Executive Following Money Laundering and Tax Evasion Charges: Report
A Nigerian federal high court has ordered a senior Binance executive to be remanded for over a week at a…
Read More »