Financial crime is a growing problem. Companies in the U. S. are losing over $100 billion every year. Almost 60% of them saw more fraud in 2025. At the same time, banks and fintechs face stricter rules. Teams are struggling. They have more work, but not more people. Manual reviews take up too much t
New York is stepping up its game against unlicensed crypto businesses. The state wants to make operating without a license a criminal offense, not just a fine. This move comes as crypto is increasingly used for illegal activities, and current penalties aren't stopping the underground market. The ne
Cosegic is making waves in the financial world by bringing FINTRAIL on board. This move is all about boosting their ability to tackle financial crime and stay on top of tricky regulations. FINTRAIL is no small player. They're experts in managing financial crime risks and keeping companies compliant
In recent years, money laundering has become a major problem. Criminals are using new technologies like AI, cryptocurrency, and social media to hide their illegal activities. This has made it harder for banks and other financial institutions to detect and prevent these crimes. One example of this i
In January 2026, something big happened in the world of blockchain and finance. The Financial Action Task Force (FATF), a group that fights money laundering and terrorist financing, gave a shout-out to the T3 Financial Crime Unit (T3 FCU). This unit is a team effort between TRON, Tether, and TRM Lab
In 2025, the FBI reported a significant increase in scams involving Bitcoin ATMs, with Americans losing over $333 million. This trend has been on the rise, with losses jumping from $250 million in 2024 to $333. 5 million by November 2025. The FBI has noted a steady increase in these fraudulent activ
A young man, still living with his parents, has been caught for stealing millions in cryptocurrency. Ronald Spektor, 23, allegedly tricked about 100 people into giving him their digital money. He posed as a representative from a well-known crypto exchange company, Coinbase, and convinced victims fro
Crypto-currencies promised freedom from banks and governments, but they've brought their own set of problems. Instead of transparency, they often operate in secrecy, making it hard to track who's doing what. This lack of oversight has led to huge financial risks and geopolitical vulnerabilities. Go
A man from Marblehead, Massachusetts, is in serious trouble after being accused of swindling over 100 Florida high school students and their chaperones out of a huge sum of money. Robert Goodwin, the owner of a travel agency called Stone & Compass, is facing serious charges. He is accused of grand t
The U. S. Treasury is stepping up its game to keep an eye on money services businesses. This move comes after a big fraud case in Minnesota, where COVID relief funds meant for school kids' meals went missing. Over 77 people, many from the Somali community, are facing charges for this scam. The Trea
