A South Korean court has canceled the Financial Intelligence Unit’s (FIU) three-month partial business suspension of Dunamu, the operator of crypto exchange Upbit, according to local reports. Yonhap News Agency reported…
A threat actor known as “Jinkusu” is allegedly selling cybercrime tools designed to bypass Know Your Customer (KYC) checks at banks and crypto platforms. The tool uses deepfakes and voice manipulation to trick KYC…
Cambodia's parliament passed legislation targeting compounds used to defraud victims through scams, including those involving cryptocurrency. In a Friday notice, the Senate of the Kingdom of Cambodia announced that the…
Years of crypto scams running havoc on the social network X, formerly known as Twitter, have resulted in the implementation of a “kill switch” for users talking about crypto. An Auto-Lock For Crypto Posting? The…
Li Xiong, a key member of a group that helped crypto scam rings in Asia to move money, has been extradited from Cambodia to China, where he will face fraud and money-laundering charges, according to Hong Kong-based news…
US Federal Reserve Governor Michael Barr said Tuesday that clearer US stablecoin rules could speed the market’s growth, but warned that regulators still need to address money laundering risks, bank run risks and…
Haverhill City Council, following other jurisdictions, is set to consider an ordinance banning crypto ATMs viewed as enabling financial fraud and money laundering. The city council of Haverhill, Massachusetts is set to…
CoinDCX has announced a 100 crore Indian rupees (around $11 million) Digital Suraksha Network as a response to brand impersonation and cyber fraud, days after a court said there was “no prima facie” case against its…
The UK government is cracking down on a $20 billion Chinese-language crypto guarantee marketplace, with sweeping sanctions aimed at cutting the platform off from crypto access. The UK’s Foreign, Commonwealth &…
Brazil’s public security agencies have a new weapon for fighting organized crime after national legislators approved a measure allowing them to use confiscated cryptocurrency in their efforts. On Wednesday, Brazil’s…
Mochi founder Azeem Ahmed sold 550K CVX from a Curve-linked stash as on-chain probes allege over $8M in diverted rewards and $54M in DeFi losses. Summary Mochi Finance founder Azeem Ahmed sold about 550,285 CVX for…
Bitcoin financial services firm Swan Bitcoin has filed an ex parte application in moves to subpoena Cantor Fitzgerald and its former CEO, Howard Lutnick, seeking discovery tied to a failed mining venture involving…