money laundering Archives

Illustration of the Aperture Finance hack showing funds flowing into Tornado Cash for laundering.

Aperture Finance Hack: $2.4M Laundered Through Tornado Cash After Devastating $17M Exploit

February 5, 2026 j n

Global, May 2025: The decentralized finance (DeFi) ecosystem faces another stark reminder of its persistent vulnerabilities. Aperture Finance, a prominent cross-chain liquidity management protocol, has fallen victim to a sophisticated multi-protocol exploit resulting in losses initially estimated at $3.67 million but later confirmed to exceed $17 million. In a move that underscores the ongoing challenges […]

TRM Labs team analyzing blockchain intelligence data after achieving a $1B valuation from Series C funding.

TRM Labs Valuation Soars to $1 Billion in Pivotal $70 Million Series C Funding Round

February 4, 2026 j n

San Francisco, April 2025: TRM Labs, a leading provider of blockchain intelligence and cryptocurrency compliance solutions, has officially reached a $1 billion valuation. This pivotal milestone follows the successful closure of a $70 million Series C funding round. The massive capital infusion underscores a critical and growing global demand for sophisticated tools to combat illicit […]

Courtroom scene depicting sentencing for a $37 million cryptocurrency fraud scheme involving USDT and shell companies.

Crypto Scam Exposed: Chinese National Gets 46 Months for $37M Fraud Targeting Americans

January 27, 2026 j n

United States, May 2025: In a significant legal development highlighting the global crackdown on cryptocurrency fraud, Chinese national Jingliang Xu has been sentenced to 46 months in federal prison for masterminding a sophisticated $37 million crypto scam that specifically targeted U.S. citizens. The sentencing, first reported by Decrypt, marks a decisive victory for U.S. authorities […]

Analytical visualization of crypto money laundering flows driven by Chinese networks, with data showing a surge to $82 billion.

Crypto Money Laundering Skyrockets: Chinese Networks Drive Projected $82B Surge by 2025

January 27, 2026 j n

Global, March 2025: The scale of cryptocurrency-based money laundering is undergoing a dramatic and alarming transformation. A new forecast from blockchain analytics leader Chainalysis projects that the volume of illicit funds laundered through digital asset networks will surge from approximately $10 billion in 2020 to over $82 billion by 2025. This staggering eight-fold increase highlights […]

Courtroom scene symbolizing the sentencing for cryptocurrency money laundering connected to a Chinese fraud ring.

Cryptocurrency Money Laundering: Shocking $17M Sentence for Chinese Fraud Ring Facilitators

January 22, 2026 j n

In a landmark case underscoring the global crackdown on digital asset crime, a criminal group has received significant prison sentences for laundering a staggering $17 million on behalf of a sophisticated Chinese online fraud organization. This pivotal ruling, reported by Yonhap News, highlights the evolving tactics of cybercriminals and the determined response from international law […]

South Korean authorities crack down on a $107.5 million crypto money laundering scheme involving plastic surgery payments.

Crypto Money Laundering Crackdown: Shocking $107.5M Plastic Surgery Scheme Unraveled in South Korea

January 19, 2026 j n

SEOUL, South Korea – In a major financial crime crackdown, South Korean customs authorities have arrested three individuals for allegedly laundering a staggering 148.9 billion won ($107.5 million) through a sophisticated cryptocurrency scheme that exploited international demand for plastic surgery and education. This high-profile case, announced by the Seoul Main Customs office, underscores the escalating […]

Visualizing the C$177M Cryptomus fine imposed by Canadian authorities for regulatory non-compliance.

Massive Cryptomus Fine: Canada Imposes C$177 Million Penalty for Compliance Failures

October 22, 2025 coinpulse_staff

The cryptocurrency world is buzzing with news of a significant regulatory crackdown. Canadian authorities have levied a massive Cryptomus fine, totaling C$177 million, against Xeltox. Xeltox operates the popular cryptocurrency service Cryptomus. This unprecedented penalty sends a clear message to all crypto businesses operating within Canada’s borders. It highlights the growing scrutiny on digital asset […]

Indian authorities freeze crypto assets in a **Coinbase scam** investigation, symbolizing law enforcement's action against digital fraud.

Coinbase Scam: Indian Authorities Seize $4.8M in Crypto Assets

August 6, 2025 coinpulse_staff

A significant victory against digital fraud has unfolded in India. Authorities recently announced a major **crypto asset freeze**, targeting a prolific scammer. This decisive action highlights the ongoing global fight against illicit activities in the cryptocurrency space. Investors must remain vigilant. Enforcement Directorate Targets Massive Coinbase Scam India’s Enforcement Directorate (ED) has taken a significant […]

Germany Strikes Hard: €34M ($38M) Seized from Crypto Exchange eXch Over Laundering Allegations

May 9, 2025 coinpulse_staff

Big news from Europe! German authorities have taken decisive action against a cryptocurrency exchange, sending a clear message about compliance and illicit finance within the digital asset space. This development involves a significant Germany crypto seizure, impacting a platform known as eXch. What Happened in Germany? Frankfurt prosecutors recently announced that German law enforcement successfully […]

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