Money Laundering

FBI Hunts North Korean Crypto Launderer Sim Hyon-sop in Global Probe

The FBI has placed Sim Hyon-sop on its wanted list, accusing him of laundering cryptocurrency on behalf of North Korea. The move is part of a broader international investigation into DPRK-linked sanctions evasion.

India’s ED Uncovers Network of Fake Crypto Sites in Laundering Probe

India’s Enforcement Directorate carried out coordinated raids across three states after uncovering a network of fake crypto websites allegedly used to launder funds. The move highlights growing regulatory pressure on crypto platforms and intermediaries.

FBI Seizes E-Note Exchange Over $70M Ransomware Laundering

U.S. prosecutors say the virtual currency platform E-Note has moved more than $70 million tied to cybercrime since 2017, and the FBI has seized the exchange in a criminal probe.

India Raids Suspected $275M Crypto MLM in Expanding Money‑Laundering Probe

India's financial crime agency raided operations tied to a suspected $275 million crypto MLM accused of siphoning billions of rupees from investors across northern states. Authorities say the action is part of a widening money‑laundering probe that could lead to arrests and asset freezes.

Published at 2025-12-16 02:45:10
Operation Kryptolaundry Busts $500M Crypto Laundering Ring in Brazil

Brazil's Federal Police executed more than 24 search and seizure warrants in Operation Kryptolaundry, dismantling a crypto money-laundering network linked to Glaidson Acácio dos Santos, the "Bitcoin Pharaoh". Authorities say the group moved about $500 million in illicit funds since 2021.

Russia detains four in 100M-ruble crypto laundering probe

Russian authorities detained four Surgut residents on Dec 11, 2025, charged with laundering 100 million rubles using cryptocurrency and stolen bank cards.

Polish Parliament Upholds Presidential Crypto Veto Despite PM Push, Russia Warning

Poland’s parliament failed to override the president’s veto on a cryptocurrency regulation bill, blocking the government’s attempt to impose stricter controls amid money-laundering and Russian intelligence concerns. The outcome leaves regulatory uncertainty for local crypto businesses and investors.

Huione Pay Halts Operations After Withdrawal Surge, Cites U.S. Sanctions

Huione Pay announced a suspension of operations following a surge in withdrawals after new U.S. sanctions, amid allegations of money laundering and ties to crypto scams. The move raises immediate liquidity and custody concerns for users and counterparties.

Germany and Switzerland Dismantle $1.4B Cryptomixer in Europol Raid

Germany and Switzerland, with Europol coordination, dismantled Cryptomixer, a nine-year-old crypto mixing service accused of laundering roughly $1.4 billion for ransomware groups and darknet markets. The takedown removes a long-standing money-laundering hub from the ecosystem.

Crypto ATM Founder Charged in $10M Money-Laundering Case

Federal prosecutors charged the founder of a Chicago-headquartered crypto ATM firm on Nov. 18, 2025, alleging roughly $10 million was laundered. The case underscores growing enforcement risks for cash-to-crypto operators.

Published at 2025-11-19 01:15:14