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
A tech CEO from Nashville is in hot water. Marcus Cobb, the boss of a startup called Mozaic Payments, is accused of tricking a private equity firm out of $20 million. The startup claimed to have an app for sharing music royalties, but it didn't work. The money was gone by 2025. Cobb and his co-foun
Brazil is reaching out to the US for help in tackling money laundering and illegal arms trafficking. The finance minister, Fernando Haddad, announced this plan recently. He pointed out that US-based funds are being misused to launder money and hide foreign investments in Brazil. This issue came to l
A crypto fund that raised $28M in late 2021 has gone bust, leaving investors empty-handed. The UK's Serious Fraud Office (SFO) has stepped in, arresting two men in connection with the collapse of Basis Markets. Raids were conducted in London and West Yorkshire, where digital devices and documents we
A prominent senator has raised serious concerns about JPMorgan Chase's handling of Jeffrey Epstein's financial activities. The senator's report suggests that the bank may have deliberately underreported over $1 billion in suspicious transactions linked to Epstein, a convicted sex offender. This over
