Two Indian-origin men have been apprehended in the United States in connection with a sophisticated money laundering operation that exploited victims using gold and cryptocurrency payments. Authorities allege that the accused orchestrated a large-scale scam, coercing individuals into transferring funds and assets, including gold bars and digital currency, under fraudulent pretenses. This case highlights the… Continue reading Indian-Origin Duo Arrested in US for Multi-Million Dollar Money Laundering Scheme Involving Gold and Crypto
Tag: Money Laundering
Chinese Organized Crime Networks Laundered $16 Billion in Cryptocurrency in 2025
Chinese organized crime syndicates moved an estimated $16 billion in cryptocurrency during 2025, representing approximately 20% of global illicit crypto transactions. These criminal networks leverage encrypted messaging platforms, stablecoins, and complex wallet systems to obscure the origin and flow of funds, making detection and enforcement increasingly difficult. The scale of this activity reflects a significant… Continue reading Chinese Organized Crime Networks Laundered $16 Billion in Cryptocurrency in 2025
Raj Kundra Summoned in Cryptocurrency Probe as Authorities Intensify Rs. 150 Crore Money-Laundering Investigation
Indian authorities have summoned businessman Raj Kundra in connection with an ongoing investigation into alleged cryptocurrency-related fraud and a suspected money-laundering operation valued at Rs.150 crore. The case marks a significant escalation in regulatory scrutiny of digital asset transactions and financial compliance in India. Investigators are examining fund flows, the structure of crypto investments, and… Continue reading Raj Kundra Summoned in Cryptocurrency Probe as Authorities Intensify Rs. 150 Crore Money-Laundering Investigation
Stablecoins Under Scrutiny: How Digital Assets Are Exploited for Money Laundering and Sanctions Evasion
Stablecoins, cryptocurrencies pegged to traditional currencies, are increasingly under the spotlight for their role in illicit finance. While designed to provide price stability and facilitate global payments, they have become tools for criminals to launder money, bypass capital controls, and evade international sanctions. Law enforcement agencies have documented cases where stablecoins were used to move… Continue reading Stablecoins Under Scrutiny: How Digital Assets Are Exploited for Money Laundering and Sanctions Evasion
Global Crackdown on Cryptocurrency Fraud Nets Network Laundering Over €700 Million
International law enforcement agencies have dismantled a sprawling cryptocurrency fraud network responsible for laundering more than €700 million. The operation, spanning multiple countries, highlights the growing sophistication of crypto-enabled financial crimes, including Ponzi schemes, money laundering, and digital asset theft. Authorities coordinated across borders, freezing assets, arresting key suspects, and seizing digital wallets. This takedown underscores… Continue reading Global Crackdown on Cryptocurrency Fraud Nets Network Laundering Over €700 Million
Global Crypto Exchange Faces Lawsuits Over Alleged Hamas Money-Laundering Linked to October 7 Attacks
In the aftermath of the October 7 attacks, hundreds of victims have initiated legal action against one of the world’s largest cryptocurrency exchanges, alleging that the platform facilitated money-laundering activities for Hamas. The lawsuits claim that the exchange allowed illicit transfers and failed to implement adequate anti-money laundering (AML) controls, enabling terrorist financing. Legal experts… Continue reading Global Crypto Exchange Faces Lawsuits Over Alleged Hamas Money-Laundering Linked to October 7 Attacks