Global #Money Laundering

Three British citizens linked to the "Evolved Apes" NFT scam have been indicted in the U.S. for allegedly scheming to commit wire fraud and money laundering.

United States authorities have apprehended two individuals believed to be the masterminds behind a money laundering operation involving the funneling of over $73 million through U.S. financial institutions, ultimately converting the funds into Tether (USDT).

Binance, the world's largest cryptocurrency exchange, is currently entangled in a multifaceted legal dispute with Nigerian authorities, who have leveled accusations of money laundering, tax evasion, and currency speculation against the exchange.

Canada's financial regulator, FINTRAC, has fined Binance, the world's largest cryptocurrency exchange, a hefty sum of 6 million Canadian dollars, approximately $4.4 million USD.

Three former executives of the now-defunct cryptocurrency loan and investment company Cred are the subject of allegations from the US Department of Justice (DOJ), which claims they were part of a scam that caused consumers to lose their holdings in cryptocurrency, which are today worth over $783 million.

After training an artificial intelligence (AI) model on a record 200 million transactions, blockchain analytics company Elliptic claimed to have found possible money laundering tendencies on the Bitcoin network.