22 stories tagged #money laundering

  1. DOJ Seizes Cloud Infrastructure in Major Crypto Money Laundering Crackdown
    crypto

    DOJ Seizes Cloud Infrastructure in Major Crypto Money Laundering Crackdown

    The U.S. Department of Justice has seized a cloud computing account linked to Cambodia's Huione Group, used for laundering cryptocurrency from scams and cyber crimes.

    2w ago 1 min read
  2. HSBC Private Bank Suisse Charged in $330M Lebanon Embezzlement Scandal
    finance

    HSBC Private Bank Suisse Charged in $330M Lebanon Embezzlement Scandal

    HSBC Private Bank Suisse charged with money laundering after ignoring 300 compliance alerts. The bank allegedly facilitated a $330 million embezzlement from Lebanon’s central bank orchestrated by former governor Riad Salameh and his brother.

    2w ago 1 min read
  3. Singapore Investigates Chinese Nationals Linked to Prince Group for Money Laundering
    finance

    Singapore Investigates Chinese Nationals Linked to Prince Group for Money Laundering

    Two Chinese nationals are under investigation in Singapore for money laundering linked to the Prince Holding Group, with assets seized exceeding $460 million.

    2w ago 1 min read
  4. Brazil's Crypto Market Surges to $318B Amid Money Laundering Risks
    crypto

    Brazil's Crypto Market Surges to $318B Amid Money Laundering Risks

    Brazil's cryptocurrency market hits $318 billion but faces warnings of money laundering risks, urging stricter compliance measures.

    3w ago 1 min read
  5. Wise Stock Plunges 19% After Belgian Money Laundering Probe
    finance

    Wise Stock Plunges 19% After Belgian Money Laundering Probe

    Wise shares tumble as Belgian prosecutors investigate €500 million in suspicious transactions linked to fraud and drug trafficking.

    last mo. 1 min read
  6. Belgium Probes Wise for Alleged Money Laundering Control Failures
    finance

    Belgium Probes Wise for Alleged Money Laundering Control Failures

    Belgian prosecutors investigate Wise over suspected money laundering by criminal groups, citing non-compliance with AML laws.

    last mo. 1 min read
  7. Wise Shares Tumble 18% on Belgian Money Laundering Probe
    finance

    Wise Shares Tumble 18% on Belgian Money Laundering Probe

    Belgian prosecutors investigate Wise for money laundering linked to fraud, drug trafficking, and corruption, causing a sharp stock selloff.

    last mo. 1 min read
  8. Miami IT Specialist Charged with Stealing $1.9M in Bitcoin from Employer
    crypto

    Miami IT Specialist Charged with Stealing $1.9M in Bitcoin from Employer

    Nahum Reynaldo Castro arrested for allegedly stealing Bitcoin from a former employer in 2020; theft undiscovered until 2025.

    last mo. 1 min read