Chainalysis reports a record surge in violent crypto attacks, with over $30 million stolen in 2026's first half, largely attributed to an alleged French tax record breach exposing high-net-worth holders.
Capital One closed Trump's accounts in 2021 due to suspected money laundering, as revealed in a court filing. Trump alleges political motives, suing for illegal account closure.
Capital One shut Donald Trump's accounts in 2021 after flagging suspicious activity; Trump claims political motive, bank denies. JPMorgan Chase also denies political de-banking.
Capital One disclosed in a court filing that it closed bank accounts held by US President Donald Trump in 2021 after flagging financial activity with characteristics of money laundering. Trump's holding company had sued the bank, alleging the closures were politically motivated.
Capital One Financial has formally stated in a court filing that it closed over 300 Trump Organization bank accounts due to anti-money laundering (AML) concerns, marking the first time a bank has publicly linked such issues to Donald Trump's business. This disclosure came as Capital One sought to dismiss a lawsuit by the Trump Organization alleging illegal "debanking" on political grounds.
Capital One Financial has defended its 2021 closure of over 300 Trump Organization bank accounts in a US federal lawsuit, stating the decision was made after an anti-money laundering review. This marks the first time a bank has formally tied AML concerns to the Trump family business.
Capital One defended its 2021 closure of Trump Organization accounts, citing anti-money laundering (AML) concerns in a Florida federal court filing. This marks the first time a bank formally linked AML issues to Trump's business, refuting claims of politically motivated debanking.
A Chinese study highlights cryptocurrency's dual nature, facilitating illicit activities like money laundering while offering regulatory tools to combat financial crime. This comes as Chinese prosecutors indicted 3,259 people in 2025 for crypto-related money laundering.
Dorset Police arrested two men, aged 20 and 22, from Sussex and Buckinghamshire, on suspicion of modern day slavery and money laundering after raiding a business in Gillingham. Three others were arrested for immigration offences, following community intelligence and detailed enquiries.
Former Peruvian President Ollanta Humala was released after the Constitutional Court overturned his 15-year money laundering sentence linked to the Odebrecht scandal, citing that the conduct was not legally defined as such when contributions were received.
North Korea has reportedly arrested former state cyber operators for hacking its central bank and Foreign Trade Bank, laundering stolen funds via cryptocurrency through China.
The US Department of Justice filed five civil forfeiture complaints seeking over $25 million in crypto linked to international investment, romance, and recovery scams. Investigations by the Cyber Fraud Task Force identified thousands of victims in the US and Canada, with launderers primarily in Southeast Asia.
Liverpool FC and Merseyside Police seized over £1.2m in assets and issued 432 lifetime bans in a joint operation against ticket touting. The crackdown, involving analysis of 700,000 ticket registrations, also targeted money laundering and led to convictions, protecting genuine fans.
Pakistan's Federal Investigation Agency (FIA) has launched a dedicated cryptocurrency investigation unit within its new National Command and Control Centre to combat money laundering and terrorism financing via digital assets, complementing the nation's broader push to formalize the crypto sector.
Former Hong Kong fencer Chiu Man-to was sentenced to three years and four months in prison for laundering over HK$10 million through mule accounts. He admitted to using five bank accounts between August 4-27, 2021, profiting HK$4,000 from the scheme.
A 40-year-old Keysborough man has been arrested and charged in Victoria, Australia, as part of an investigation into an alleged organised crime syndicate linked to 41 cannabis crop houses and $17.5 million in restrained properties. Police warn those who facilitate such operations will also be targeted.
Thailand's central bank is increasing stablecoin oversight, focusing on USDT, to curb illicit finance and "gray money." Measures target cash, forex, and gold trading, expanding compliance for regulated entities and requiring source-of-funds declarations for high-value transactions.
Rossen G. Iossifov, a 53-year-old Bulgarian national and owner of the RG Coins crypto exchange platform, has been sentenced to 121 months in prison by a US federal court for laundering nearly $5 million in crypto for a Romanian fraud network that targeted at least 900 American victims.
Rossen Iossifov, a Bulgarian national already serving a federal prison sentence, has been charged with conspiring to withdraw and launder approximately $290,000 in crypto assets from a Kraken account subject to a forfeiture order. The alleged actions occurred in January 2024, after a federal court had ordered the forfeiture following his 2021 conviction for racketeering and money laundering.
Rossen Iossifov, already serving time for a major crypto laundering case, has been charged with moving $290,000 in cryptocurrency from federal prison that a court had ordered him to forfeit. The DOJ alleges he conspired to hide the funds through exchanges and mixing services.
Reform UK faces scrutiny over a £5m donation to Nigel Farage from crypto billionaire Christopher Harborne. The party's response, framing questions as persecution and using friendly media outlets, is compared to Donald Trump's tactics. Concerns about financial transparency and links to cryptocurrency are highlighted.
Rebel TMC MLA Ritabrata Banerjee announced plans to approach the Supreme Court after the Calcutta High Court permitted the Mamata Banerjee-led TMC to temporarily operate three frozen bank accounts. The accounts were frozen as part of a money laundering probe linked to alleged financial irregularities.
Interpol's Operation First Light 2026 led to 5,811 arrests across 97 countries, targeting romance scams and crypto laundering. Thai police arrested two individuals involved in a scheme that moved over $122.5 million in 10 months, obscuring funds via cross-chain token swaps.
Deputy Finance Minister Liew Chin Tong denied reports that fugitive businessman Jho Low secretly entered Malaysia last year for talks related to the 1MDB scandal. Low faces charges in the US and Malaysia for his alleged role in the misappropriation of billions from the state fund.
