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…
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…
