anti-money laundering

Singapore Police Probe 49 Suspects in Crypto-Linked Money Laundering Case

Singapore Police Probe 49 Suspects in Crypto-Linked Money Laundering Case

Leave a Comment / Altcoin News, anti-money laundering, Monetary Authority of Singapore, Singapore /

Singapore police are investigating 49 individuals for suspected involvement in money laundering schemes tied to crypto accounts, the police announced on June 12. Key Takeaways: Singapore police are investigating 49 individuals accused of selling crypto account access for cash via messaging apps. The suspects allegedly enabled laundering of scam proceeds by handing over login credentials […]

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eXch Crackdown: German Police Seize M Linked to .4B Bybit Hack

eXch Crackdown: German Police Seize $38M Linked to $1.4B Bybit Hack

Leave a Comment / anti-money laundering, Blockchain News, bybit hack, Lazarus Group, News /

German police seized €34 million ($38 million) in crypto from the platform eXch on May 8. This was part of an ongoing investigation into the alleged use of eXch for laundering funds stolen during Bybit’s record-breaking $1.4 billion hack in February 2025. Germany’s Federal Criminal Police Office (BKA) and Frankfurt’s main prosecutor’s office announced the

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Crypto Bill Backlash: Senators Warn Stablecoin Act Isn’t Safe

Crypto Bill Backlash: Senators Warn Stablecoin Act Isn’t Safe

Leave a Comment / anti-money laundering, Bitcoin, crypto, Crypto News, digital currency, GENIUS Act, Stablecoins /

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure What began as a promising effort to apply transparent rules to crypto and stablecoins has run into a serious roadblock. On May 4, 2025, ten US Senators came out swinging against the revised version of the “GENIUS Act,” stating that it might

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FinCEN Issues Action to “Sever” Cambodia-Based Huione Group Over Crypto Laundering Ties

FinCEN Issues Action to “Sever” Cambodia-Based Huione Group Over Crypto Laundering Ties

Leave a Comment / anti-money laundering, Bitcoin Scam, Blockchain News, pig butchering /

The U.S. Treasury’s financial crimes arm has proposed removing the Huione Group, a Cambodia-based financial conglomerate, from the US financial system for its alleged involvement in Lazarus-linked crypto laundering. The FinCEN announced on Thursday that the Group serves as a “critical node for laundering proceeds of cyber heists” carried out by the infamous North Korean

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