money laundering

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 […]

Crucial South Korea Crypto Rule Decision Delayed by FSC

May 7, 2025 coinpulse_staff

Are you following the evolving landscape of cryptocurrency regulation in South Korea? A key decision impacting how crypto exchanges operate has just been put on hold, sparking discussions across the industry. South Korea Crypto Regulation: A Key Decision Point The head of South Korea’s Financial Services Commission (FSC), Chairman Kim Byoung-hwan, recently decided to postpone […]

FinCEN Delivers Severe Blow: Cutting Huione’s US Financial System Ties

May 1, 2025 coinpulse_staff

Are you keeping up with the latest moves against illicit activity in the crypto space? The U.S. government is taking a significant step, proposing to cut off the Telegram-based illegal marketplace known as Huione from the U.S. financial system. This action, led by the U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN), highlights ongoing efforts to […]

Unveiling the Shadowy Web: How Chinese Laundering Networks Fuel Global Crypto Crime

April 17, 2025 coinpulse_staff

In the murky world of cryptocurrency crime, a new investigation has shed light on a critical, yet often overlooked, component: the underground financial networks that enable criminals to convert their ill-gotten digital assets into spendable cash. Blockchain analytics firm TRM Labs has dropped a bombshell report, revealing that Chinese laundering networks are the linchpin for […]

Urgent Crypto ATM Warning: Australian Regulator Flags Money Laundering & Fraud Risks

March 31, 2025 coinpulse_staff

Hold onto your hats, crypto enthusiasts in Australia! The land Down Under, while boasting the highest number of crypto ATMs in the Asia-Pacific region, is now under the regulatory spotlight. Australia’s financial watchdog, AUSTRAC, has issued a stark warning to operators of these machines, citing serious concerns about potential links to money laundering and fraudulent […]

Shocking Crypto Fraud: Filmmaker Accused of $11M Netflix Funds Misuse

March 19, 2025 coinpulse_staff

Hold onto your popcorn, crypto enthusiasts! A scandalous tale is unfolding that merges the glitz of Hollywood with the volatile world of cryptocurrency. U.S. prosecutors have dropped a bombshell, accusing filmmaker Carl Erik Rinsch of a brazen act of crypto fraud. Imagine this: millions meant for a sci-fi spectacle on Netflix allegedly diverted into the […]

Shocking AML Bitcoin Fraud: Creator Convicted in Million-Dollar Crypto Scheme

March 13, 2025 coinpulse_staff

In a stark reminder of the lurking dangers within the cryptocurrency realm, Rowland Marcus Andrade, the individual behind AML Bitcoin, has been found guilty on charges of wire fraud and money laundering. This shocking conviction stems from a pump-and-dump scheme that preyed on investors during the 2017-2018 initial coin offering (ICO) frenzy. Let’s delve into […]

OKX CEO Defends Fiercely: ‘We Never Helped Bybit Hackers Launder Money’

March 11, 2025 coinpulse_staff

In a dramatic turn of events, leading cryptocurrency exchange OKX is under scrutiny. Recent reports from Bloomberg suggest that European regulators are delving into OKX’s Web3 services, linking them to the alleged laundering of a staggering $100 million in cryptocurrency pilfered from Bybit. Amidst this storm, OKX CEO Mingxing Xu has stepped forward to vehemently […]

Urgent EU Probe: OKX Under Fire for Shocking Bybit Hack Money Laundering Allegations

March 11, 2025 coinpulse_staff

Hold onto your hats, crypto enthusiasts! The European Union is turning up the heat on cryptocurrency exchanges, and OKX is squarely in the spotlight. Reports are surfacing that EU regulators are launching a formal investigation into OKX’s Web3 service. The explosive accusation? Facilitating the laundering of a staggering $100 million pilfered from the massive $1.5 […]

Exposed: $87 Million Crypto Ponzi Scheme Unveiled in Norway – Four Charged

February 18, 2025 coinpulse_staff

In a startling development that sends shivers down the spine of the crypto community, Norway has leveled charges against four individuals allegedly orchestrating a massive crypto fraud. Imagine investing your hard-earned money into what you believe are cutting-edge cryptocurrency platforms, only to discover it’s all a mirage, a sophisticated scam designed to enrich fraudsters at […]

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