A staggering $73 million was illicitly funneled through fake crypto investments, dismantling the dreams of countless individuals. In a high-profile legal battle, Daren Li, aged 41,…
Metro Bank has been fined by the FCA for inadequate monitoring of financial transactions.The bank failed to properly monitor transactions worth over £51bn for money laundering…
In a significant legal development, the FCA has successfully prosecuted two individuals involved in a £1.5 million investment fraud. The court found these individuals guilty of…
An official investigation by the US government has been launched against Tether concerning its stablecoin, USDT. This move raises critical questions about potential infractions involving sanctions…
A suspected breach involving a significant $20 million in cryptocurrency has triggered alarms within the crypto sphere. Reports suggest a U.S. government-linked Bitfinex wallet is at…
In a landmark decision, the Nigerian government has decided to drop all money laundering charges against Tigran Gambaryan, a high-ranking executive at Binance.This development marks the…
In a significant legal development, Olumide Osunkoya has pleaded guilty in a landmark case concerning the illegal operation of crypto ATMs.Osunkoya operated at least 11 unregistered…
A solicitor has been fined for making inaccurate statements on an Iranian TV show deemed antisemitic by a tribunal.The solicitor involved is Mohammed Tasnime Akunjee, who…
Banking group Standard Chartered plc (LSE:STAN) has seen its share price fall around 24% today after US regulators accused the institution of hiding 60,000 secret transactions…
UK’s largest bank HSBC was used to launder Mexican drug money, according to a new report by the Senate Permanent Subcommittee on Investigations, a Congressional watchdog…
