Chainalysis research has found that stablecoins are replacing Bitcoin as the preferred digital currency to run money laundering schemes. The crypto analytics firm claimed that these fiat-pegged tokens ...

Jan 27 (Reuters) - Money launderers received ‌at least $82 billion in cryptocurrencies last ‌year, up sharply from $10 billion in 2020, driven in part by fast growth among Chinese-speaking groups, ...

Chinese-language crypto networks moved $16.1 billion in illicit funds, about 20% of the global crypto crime market. Telegram “guarantee” platforms act as key hubs linking launderers, criminals and ...

NEW YORK, NEW YORK - OCTOBER 11: A branch of the Canadian based TD bank, on the morning they plead guilty to money laundering, the largest bank in United States history to do so, on October 11, 2024, ...

Cryptocurrency money laundering has expanded dramatically over the past five years, with Chinese-language networks emerging as a central pillar of the global underground economy, according to new ...

Signature Bank was not shut down for crypto-related reasons, the New York Department of Financial Services said Tuesday, rejecting claims the regulator took over the bank to send an "anti-crypto ...

Chinese nationals engaged in extensive money-laundering operations in the U.S., moving a suspected $312 billion in illicit cash over the past five years, the Treasury Department revealed Thursday. The ...

The court, however, clarified that while DHFL as a corporate entity is discharged, the immunity does not extend to individuals involved in the case.