MoneyLaundering

Chen Zhi, founder of Prince Holding Group, was indicted for wire fraud and money laundering connected to forced labor in Cambodia and crypto scams worldwide. The DOJ seized 127,271 BTC, worth $15 billion, in the largest cryptocurrency forfeiture ever recorded. This case exposes a criminal network exploiting human trafficking to facilitate massive "pig butchering" crypto fraud schemes across continents.

The U.S. Department of the Treasury's FinCEN has proposed new regulations to increase transparency in Convertible Virtual Currency (CVC) mixing services to prevent misuse by terrorist and criminal groups. This is a significant move to curb money laundering risks associated with crypto mixers.

Roman Storm, founder of cryptocurrency mixer Tornado Cash, faces conviction for operating an unlicensed money transmitting business while jurors deadlocked on money laundering and sanctions evasion charges.

Czech Justice Minister Pavel Blažek steps down after controversy over accepting and selling $45 million in bitcoins from a donor with criminal ties, prompting investigation into possible money laundering.