The Federal Reserve has introduced a new set of rules that will change how crypto companies in the United States check their customers. These rules come after lawmakers passed the GENIUS Act, which officially allowed stablecoins—digital currencies tied to the U. S. dollar—to be issued. The proposal
The Trump family has long been associated with controversial business dealings, but their latest project in Albania is raising serious questions. Kushner’s company, Affinity Partners, plans to spend $1. 5 billion turning Sazan Island—once a Soviet military outpost—into high-end resorts. While the id
The UK has been updating its financial crime laws since 2017 to stop criminals from hiding dirty money. The latest version of these rules, called the Money Laundering Regulations, isn’t just for banks—it also covers cryptocurrency companies, making sure they play by the same rules as traditional fin
A top executive at one of Australia’s biggest casino companies has been hit with a six-year ban from running companies and a hefty fine. The Federal Court ruled that former Star Entertainment CEO Matthias Bekier failed to properly control risks tied to money laundering and other illegal activities.
The story starts with a rural internet plan in Lovelock, Nevada. A special account was set up to hold money from the Nevada Department of Transportation and a grant from the U. S. Department of Agriculture. The purpose was clear: pay for equipment, labor and other approved costs to bring broadband t
A 20‑year‑old from Canada, named Trenton Johnston, admitted to a crime in Miami. He said he helped move stolen money through fake accounts. The case involves about $13 million in Bitcoin that disappeared from a Californian victim. Johnston used fake emails and phone calls. He pretended to be a Goog
A 20‑year‑old from Canada found himself in a Miami courthouse after a police stop on a speeding Rolls‑Royce. While the driver was caught with drugs, prosecutors highlighted another crime: a two‑year scam that stole $13 million in cryptocurrency. The money funded parties, jewelry, and high‑end cars.
The Swiss Finance Department has decided to challenge a court ruling that erased a 100, 000‑franc penalty from former Credit Suisse executive Lara Warner. The fine was originally imposed for not reporting a large money‑laundering transaction linked to Mozambique’s financial collapse. Warner alleg
The United States is starting a second criminal investigation into former Venezuelan president Nicolas Maduro, which could lead to more charges against him. A U. S. Justice Department employee and another insider said the probe is being handled by the Miami office of the U. S. Attorney’s Office and
Hungary’s tax office has put the brakes on large overseas transfers tied to allies of a powerful outgoing official. The person making the claim, set to take over soon, posted a video online saying billions in forints—millions in dollars—were frozen because officials suspect laundering. No proof was
