Researchers report that cryptocurrency money-laundering reached $82 billion in 2025.
Cryptocurrency Money Laundering Surges In 2022, illicit money laundering linked to cryptocurrencies reached at least $82 billion, a significant increase from $10 billion in 2020, according to blockchain researchers. This rise is largely attributed to the rapid expansion of Chinese-speaking criminal organizations. Chinese money laundering networks stand out as the fastest-growing, having emerged during the […]
Former bank CEO alerted client about money-laundering investigation and discussed confidential details while an employee sat on his lap during a video call, according to a lawsuit.
The former CEO of Flagstar Bank has been accused of steering clients away from money laundering investigations and discussing sensitive company matters, according to a whistleblower lawsuit filed in federal court. Alessandro Dinello, who headed Flagstar following its merger with New York Community Bancorp in 2022, is under scrutiny for odd conduct. The lawsuit highlights […]
Ex-PM Who Oversaw Chagos Deal Arrested over Money-Laundering
(AFP) – Mauritius police on Sunday arrested the island's former prime minister, Pravind Jugnaus, with a money laundering probe and seized cash in the assault on the homes of fellow suspects, officials said. Officials detained the 63-year-old along with his wife, Covita Jugnaus, on Saturday and questioned them for several hours, a police source who […]
Chinese gang jailed for operating £55m money-laundering ring | London
Seven people have been jailed for running a £55 million clandestine money laundering ring that targeted international students trying to circumvent limits on the amount of cash they could take out of China. Four people – three men and one woman – were found guilty of various money laundering offences at Snaresbrook Crown Court on […]
Democrats’ ActBlue accused of massive money-laundering scheme over potentially fraudulent donations
Political action committee ActBlue Charities Inc. is accused of a massive money laundering scheme that includes a long list of allegedly fraudulent donations, according to multiple independent reports. Parker Thayer, a research fellow at the Capital Research Center, a think tank, said: X It shows tens of thousands of donations allegedly sent by a single […]