Money Laundering
U.S. DOJ hits Paxful for $4 million in case tied to illegal sex work, money laundering
The crypto platform's penalty was sharply reduced due to its ability to pay, according to U.S. authorities.
Crypto money laundering balloons to $82B as Chinese-language services dominate, Chainalysis says
Chinese-language networks now handle a disproportionate share of global crypto money laundering flows, according to a new Chainalysis report.
Chinese crime ring arrested in South Korea laundered over $100 million worth of crypto
South Korean customs officials said they arrested three China nationals and have referred them for prosecution. They allegedly used an unauthorized crypto exchange to launder assets.
Brazil Sentences 14 for Using Crypto, Shell Firms in $95M Drug Money Laundering Case
The defendants were found to have used fake companies and cryptocurrency transactions to conceal the origin of the illicit funds.
Centralized Exchanges Are Still Criminals’ Favorite Crypto Money Laundering Tool
Focusing regulatory energy on mixers while letting exchanges remain the primary fiat gateways for illicit funds is like locking the windows while leaving the front door wide open, argues Dr. Jan Philipp Fritsche, managing director of Oak Security.
Elliptic Warns of Industrial-Scale Pig Butchering Scams Laundering Through Crypto
The 2025 Typologies Report outlines laundering tactics, mule account patterns and cross-chain transfers.
KuCoin Faces $14M Canadian Action in Registration, Money Laundering Controls Dispute
The exchange is appealing an enforcement action from the Financial Transactions and Reports Analysis Centre of Canada.
California Man Sentenced in $36.9M Crypto Scam Tied to Infamous Huione Group
Elliptic say some of the funds were laundered through Huione Payments.
Elliptic Unveils Crime-Tracking Tool as Stablecoins Enter the Mainstream
The blockchain analytics specialist has released a due diligence product for stablecoins that's tailored to banks and compliance departments.
Crypto Offers Answer to Money Laundering Crisis: Global Alert Network Called 'Beacon'
An industry-wide project led by TRM Labs is officially going live, and includes law enforcement and the major exchanges such as Coinbase and Binance.
