According to a FinCEN advisory, U.S. banks processed approximately $312 billion in suspicious transactions between 2020 and 2024, tied to Chinese money laundering networks (CMLNs). These operations frequently serve as conduits for Mexican drug cartels—laundering illicit proceeds while providing Chinese individuals...
Following an investigation by The Bell, the European digital bank Revolut has started sending warnings to users with ties to Russia—emphasizing that transfers from sanctioned Russian entities are strictly prohibited. Any confirmed attempt to bypass these controls may result in account suspension...
The European Banking Authority (EBA) has issued a sharp warning: money laundering risks in the fintech sector are rising fast, and regulators aren’t keeping up.
In its latest Opinion...
The crypto industry has witnessed another major security breach. Nobitex, Iran’s largest cryptocurrency exchange, has reportedly suffered an exploit leading to the theft of over $73...
On 16 June 2025 the U.S. Federal Trade Commission (FTC) entered a stipulated order requiring Paddle.com Market Limited, the London-based “merchant-of-record” payments platform serving...
