laundering

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Europe’s new anti-money laundering watchdog has warned that crypto assets …

Singapore fined nine financial firms, including UBS and Citigroup, S$27.5 million ($21.5 million) after a probe into the country’s largest money laundering scandal, which involved the seizure of assets ranging …

In brief U.S. authorities have charged Russian citizen Iurii Gugnin with multiple counts of bank fraud and sanctions evasion. Gugunin is accused of using his NY-based crypto firms as a …

Five men from China, the United States, and Turkey pleaded guilty to their involvement in an international crime ring and laundering nearly $37 million stolen from U.S. victims in cryptocurrency …

In brief Australian police have dismantled a $123 million Queensland money laundering ring that allegedly funneled illicit cash into crypto. Raids across Brisbane and the Gold Coast uncovered $170,000 in …

Hong Kong police arrested 12 people involved in a cross-border money laundering scheme that relied on crypto and over 500 stooge bank accounts to launder HK$118 million ($15 million), local …