Regulation3m read
Tether Freezes $72 Million in USDT Amidst $120 Million Crypto Laundering Probe
A significant cryptocurrency money laundering operation valued at $120 million has been uncovered, leading Tether to freeze $72 million in USDT.
◆ #money laundering
Regulation3m read
International Sting Dismantles $390M Crypto Laundering Ring
Eleven countries collaborated to dismantle the AudiA6 crypto laundering ring and its Dark2Web marketplace, seizing $390 million in illicit digital assets.
Regulation3m read
International Operation Dismantles $389 Million Bitcoin Laundering Ring "AudiA6"
Two individuals have been charged by U.S. authorities for their alleged involvement in a sophisticated international scheme that laundered nearly $400 million in illicit crypto.
Regulation3m read
Seattle Man Sentenced for Laundering $100 Million in Fraud Proceeds Using Bitcoin and Ethereum
A Seattle man was sentenced to prison for laundering nearly $100 million in fraud proceeds using Bitcoin, Ethereum, and stablecoins.
Regulation3m read
Concerns Mount Over 'Clarity Act' as Critics Highlight Potential Corruption Loopholes
A key piece of U.S. crypto legislation, the 'Clarity Act', is facing scrutiny over potential gaps that could enable money laundering, sanctions evasion, and conflicts of interest.
DeFi1m read
Kelp DAO Exploiter Launders $220M, Recovery Hopes Fade
The exploiter behind the Kelp DAO hack has laundered approximately $220 million in stolen funds, severely impacting recovery prospects for victims.