‘Very clear’ cryptocurrencies have to be regulated to guard against money laundering: Tharman
straitstimes.com/world/regulate-cryptocurrency-to-guard-against-money-laundering-davos-panel
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| Last Updated | Jan 19 23 |
| Total Articles | 1 |
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Binance Founder Should Get 3 Years in Prison, Prosecutors Say: Lawyers for Changpeng Zhao, the founder of the crypto exchange Binance, countered that he should ...
nytimes.com/2024/04/24/technology/binance-changpeng-zhao.html
Quick Glance: DOJ Calls for Binance Founder to Spend Three Years in Prison
- The U.S. Department of Justice stated that Binance's founder, Changpeng "CZ" Zhao, should spend three years in prison for enabling the crypto exchange to violate federal laws on money laundering and sanctions.
- Zhao pleaded guilty to violating the Bank Secrecy Act, with the DOJ recommending a 36-month prison sentence and a $50 million fine.
- Emphasizing the need for a significant punishment, the DOJ highlighted Zhao's financial gains from illegal activities and the importance of deterring others from similar actions.
- The court will decide between incarceration and probation for Zhao, with his defense arguing against his knowledge of specific transactions and advocating for probation due to a lack of risk of repeat offenses.
MEPs approve new anti-money laundering rules – but what do they cover? : EU lawmakers voted in a landslide in favour of new curbs on crypto, football clubs and ...
euronews.com/my-europe/2024/04/24/meps-approve-new-anti-money-laundering-rules-but-what-do-they-cover
Two cuffed in Samourai Wallet crypto dirty money sting: Suspects in Portugal and the US said to have laundered over $100M
theregister.com/2024/04/25/samourai_wallet_laundering_charges/
Samourai Wallet Charges Raise Existential Questions for Privacy Tech: Co-founders Keonne Rodriguez and William Lonergan Hill are charged with money laundering ...
coindesk.com/consensus-magazine/2024/04/25/samourai-wallet-charges-raise-existential-questions-for-privacy-tech/
US charges Samourai cryptomixer founders for laundering $100 million: Keonne Rodriguez and William Lonergan Hill have been charged by the U.S ...
bleepingcomputer.com/news/security/us-charges-samourai-cryptomixer-founders-for-laundering-100-million/
‘You’re Never Too Busy For Your Banker’: How Italy’s ’Ndrangheta Mafia Allegedly Infiltrated Canadian Banks - OCCRP
occrp.org/en/investigations/youre-never-too-busy-for-your-banker-how-italys-ndrangheta-mafia-allegedly-infiltrated-canadian-banks
Quick Glance: How Italy’s 'Ndrangheta Mafia Allegedly Infiltrated Canadian Banks
- A Canadian faction of the 'Ndrangheta allegedly had close relationships with employees at two major Canadian banks to facilitate their financial activities.
- Angelo Figliomeni, the suspected mob boss, was at the center of the investigation, indicating that bankers were involved in the money laundering process of the group.
- The investigation revealed that the 'Ndrangheta organization generated income through illegal activities such as gambling and loan sharking, which were used for money laundering by bankers like Martino.
- Police seized assets worth millions of dollars and closed around 500 accounts at the implicated banks. Charges against Figliomeni and his co-defendants were dropped due to procedural errors.
Andrew Kamanga: Zambia FA president charged with money laundering: Andrew Kamanga, the president of the Football Association of Zambia, is arrested and charged ...
bbc.com/sport/football/articles/cv29eqdlp2po
Allegations against member of state parliament: AfD politician Halemba faces expulsion from the party
spiegel.de/politik/deutschland/daniel-halemba-afd-plant-ausschlussverfahren-gegen-bayerischen-abgeordneten-a-c2d7bed8-da02-4c61-a4fa-ad4b7faf6d4d
Bavaria: New investigations against AfD politician Daniel Halemba: The AfD state politician Daniel Halemba is confronted with new allegations: Money laundering ...
zdf.de/nachrichten/politik/deutschland/daniel-halemba-afd-geldwaesche-sachbeschaedigung-volksverhetzung-100.html
Quick Glance: New Allegations Against AfD MP Halemba
- The Würzburg Public Prosecutor's Office requests the lifting of Daniel Halemba's immunity due to money laundering and other allegations.
- The investigations stem from discoveries during a search at the Teutonia Prag fraternity house.
- Halemba denies the accusations and hopes for dismissal or acquittal.
- The Prosecutor's Office intends to press charges based on suspicion of money laundering and other criminal acts.
A big thing has just happened to Bitcoin. It's called the halving: Bitcoin has just hit a quadrennial event called the halving. It will effectively reduce the ...
npr.org/2024/04/16/1244173751/bitcoin-halving-rally-crypto
Quick Glance: Bitcoin 'Halving' Completed, CoinGecko Reports
- Bitcoin, the world's largest cryptocurrency, completed its 'halving' on Friday, a phenomenon that occurs roughly every four years according to CoinGecko.
- Following the 'halving', Bitcoin remained relatively stable, dropping by 0.47% to $63,747.
- The 'halving' was integrated into Bitcoin's code at its inception to reduce the rate of new Bitcoins being created.
- Experts are divided on whether the upcoming 'halving' will boost Bitcoin's price, with some viewing it as already factored in, while others remain skeptical.
Trump trial live updates: Two seated jurors removed from Trump's hush money trial after issues raised
nbcnews.com/politics/donald-trump/live-blog/trump-hush-money-trial-day-3-live-updates-rcna145936
Quick Glance: Twelve Jurors Seated in Trump's Hush Money Trial
- A jury of 12 individuals was empaneled on Thursday in the landmark hush money trial of former President Donald Trump, bringing the proceedings closer to opening arguments and the commencement of weeks filled with compelling testimonies.
- The upcoming trial is anticipated to present unfavorable testimonies regarding Trump's personal life pre-presidency, including accusations of manipulating business records to suppress narratives in the final days of the 2016 election surrounding his intimate relationships.
- Central to the trial is a payment of $130,000 made by Cohen just before the 2016 election to adult film actress Stormy Daniels, aimed at preventing her allegations of a sexual encounter with Trump from being publicized in the campaign's final stretch.
- The selection of the jury holds paramount significance in any criminal proceeding, particularly so when the accused is a former president and the presumed Republican candidate. Potential jurors have undergone extensive scrutiny concerning their online presence, personal backgrounds, and political stances as legal representatives and the judge meticulously scrutinize for partialities that could compromise their impartiality.
The world is failing to take financial measures against Iran’s terror threat: The Financial Action Task Force’s current trajectory suggests a regrettable descent ...
thehill.com/opinion/national-security/4595188-the-world-is-failing-to-take-financial-measures-against-irans-terror-threat/
Money laundering and coercion: Investigators are targeting AfD MP Halemba again: He himself expects an acquittal. But the new allegations against the Bavarian ...
n-tv.de/politik/Ermittler-nehmen-AfD-Abgeordneten-Halemba-erneut-ins-Visier-article24887238.html
What to know about Manhattan DA Alvin Bragg, prosecutor in Trump's first criminal trial
axios.com/2024/04/15/alvin-bragg-trump-hush-money-trial
The ‘World’s First NFT Restaurant’ Is Selling Memberships for U.S. Dollars Now: Flyfish Club, which billed itself as "the world's first NFT restaurant ...
robbreport.com/food-drink/dining/flyfish-club-nft-restaurant-memberships-1235585492/
Company director jailed for multiple offences; firms' bank accounts used to receive S$18 million in scam proceeds
channelnewsasia.com/singapore/company-director-jailed-scammers-money-laundering-4288971
Russian bought $88 million of gold in Changi to launder funds for invasion of Ukraine
straitstimes.com/singapore/russian-bought-88-million-of-gold-in-changi-to-launder-funds-for-invasion-of-ukraine
Former KPMG employee Fidelis Moema granted R50,000 bail after bursary fraud worth R16.5 million
iol.co.za/news/crime-and-courts/former-kpmg-employee-fidelis-moema-granted-r50000-bail-after-bursary-fraud-worth-r165-million-6768d59c-1891-4773-bc3f-78179a926f16
How Chinese networks clean dirty money on a vast scale: These shadowy “banks” are becoming the financiers of choice for transnational criminal gangs
economist.com/china/2024/04/22/how-chinese-networks-clean-dirty-money-on-a-vast-scale
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Comment: After years of AfD paralysis: Now democracy is striking back: The AfD has tried to demonstrate the democratic constitutional state for too long ...
augsburger-allgemeine.de/politik/kommentar-nach-jahren-der-afd-schockstarre-jetzt-schlaegt-die-demokratie-zurueck-id70553011.html
Raid in the Hochtaunuskreis: Strike against the Nigerian mafia in Hesse: One person was also arrested in Hesse in a nationwide raid against the Nigerian mafia ...
fr.de/rhein-main/hochtaunus/razzia-gegen-nigerianische-mafia-festnahme-im-hochtaunuskreis-zr-93031592.html
Crypto.com delays Korean market entry indefinitely : Crypto.com's entry into the Korean market has been delayed indefinitely due to regulatory issues.
koreatimes.co.kr/www/biz/2024/04/816_373373.html
Money laundering: EU Parliament bans cash payments over 10,000 euros: The EU Parliament has declared war on money laundering: The new rules also affect Russian ...
faz.net/aktuell/wirtschaft/mehr-wirtschaft/geldwaesche-eu-parlament-verbietet-barzahlungen-ueber-10-000-euro-19676676.html
EU reprimand over Ireland’s ‘lackadaisical’ dirty money policy ‘unsurprising’: European Commission said it identified ‘several instances of incorrect ...
businesspost.ie/news/eu-reprimand-over-irelands-lackadaisical-dirty-money-policy-unsurprising/
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'Dishonest' Staffordshire woman swindled £634k from will beneficiaries: Laurna Porter enlisted her friend, Julie Atkins, to launder the money which was set to ...
stokesentinel.co.uk/news/stoke-on-trent-news/dishonest-staffordshire-woman-swindled-634k-9247209
Delhi court extends judicial custody of Kejriwal, K Kavitha till May 7: Delhi Chief Minister Arvind Kejriwal and Bharat Rashtra Samithi legislator K Kavitha are ...
indianexpress.com/article/cities/delhi/delhi-judicial-custody-kejriwal-7-9286162/
Former Jharkhand CM Hemant Soren files fresh plea in SC against arrest in money laundering case
scroll.in/latest/1067011/former-jharkhand-cm-hemant-soren-files-fresh-plea-in-sc-against-arrest-in-money-laundering-case
Billion-dollar money laundering case: Suspect to plead guilty as he faces new charge of using criminal proceeds to buy S$332,280 car
channelnewsasia.com/singapore/billion-dollar-money-laundering-case-suspect-su-baolin-pleads-guilty-using-criminal-proceeds-buy-car-4290906
Why we are after ex-governor Yahaya Bello – EFCC Chair: EFCC has already charged Mr Bello with 19 counts of money laundering involving over N80 billion at the ...
premiumtimesng.com/news/top-news/688652-why-we-are-after-ex-governor-yahaya-bello-efcc-chair.html
Arvind Kejriwal destroyed evidence of money-laundering in liquor policy case: ED to Supreme Court
scroll.in/latest/1067061/arvind-kejriwal-destroyed-evidence-of-money-laundering-in-liquor-policy-case-ed-to-supreme-court
UK slams MEPs for saying Gibraltar is undermining Russian sanctions — and calling it a ‘colony’
politico.eu/article/uk-slams-meps-for-saying-gibraltar-undermining-russian-sanctions-calling-it-colony/
Two men arrested in major crackdown on fraud and immigration crime: Homes are being searched in north Manchester as part of the operation
manchestereveningnews.co.uk/news/greater-manchester-news/two-men-arrested-major-crackdown-29055324
TD’s daughter not allowed make savings investment because of family relationship to him
irishtimes.com/politics/2024/04/25/tds-daughter-not-allowed-make-savings-investment-because-of-family-relationship-to-him/
Police probe over 300 suspected scammers and money mules; more than S$9 million lost
channelnewsasia.com/singapore/300-suspected-scammers-money-mules-9-million-lost-police-investigate-4292691
Question of the week: Why do MPs actually enjoy immunity?: The Bavarian state parliament lifted Daniel Halemba's immunity on Thursday and cleared the way for ...
augsburger-allgemeine.de/politik/frage-der-woche-warum-geniessen-abgeordnete-immunitaet-id70549756.html
EU marks Ireland’s card over trust register amid money laundering concerns : Brussels has launched an infringement procedure against the government for failing ...
businesspost.ie/news/eu-marks-irelands-card-over-trust-register-amid-money-laundering-concerns/
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German police swoop on gang of foreign dating scammers: German police said Wednesday they had arrested 11 suspected members of a Nigerian mafia group behind a ...
thelocal.de/20240425/german-police-swoop-on-gang-of-foreign-dating-scammers
Nigeria: Germany Arrests Suspected Members of Nigerian Dating Mafia: The alleged gang members, using fake identities online, extorted money from victims after ...
allafrica.com/stories/202404250016.html
Arrests in four federal states - Nigerian mafia busted in Germany: Investigators arrest the leaders of a large clan during raids in four federal states and ...
stuttgarter-nachrichten.de/inhalt.festnahmen-in-vier-bundeslaendern-nigerianische-mafia-in-deutschland-ausgehoben.694498d0-d051-42ba-9f1d-17dbf07c62d3.html
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EXCLUSIVE: EFCC arrests Sirika over alleged N8bn Nigeria Air fraud: The Economic and Financial Crimes Commission has arrested former Minister of Aviation ...
punchng.com/exclusive-efcc-arrests-sirika-over-n8bn-nigeria-air-fraud/
Delhi Court extends Arvind Kejriwal and Kavitha's judicial custody till May 7
wionews.com/india-news/delhi-court-extends-arvind-kejriwal-and-kavithas-judicial-custody-till-may-7-714235
South Africa Sends Top Officials to UAE Over Gupta Extraditions: South Africa’s state prosecuting authority urged the presidency to help resolve an impasse with ...
dailymaverick.co.za/article/2024-04-24-south-africa-sends-top-officials-to-uae-over-gupta-extraditions/
MEPs approve new laws to tackle money laundering: New laws to tackle money laundering, terrorist financing and sanctions evasion have been approved by the ...
rte.ie/news/europe/2024/0424/1445278-european-parliament/
Sole $20m bid in auction for Sentosa plot seized in money laundering probe not accepted by OCBC
straitstimes.com/business/sole-20m-bid-in-auction-for-sentosa-plot-seized-in-money-laundering-probe-not-accepted-by-ocbc
Money laundering prevention: Bafin imposes a fine on Commerzbank due to deficiencies
faz.net/aktuell/finanzen/geldwaeschepraevention-bafin-verhaengt-geldbusse-gegen-commerzbank-wegen-maengeln-19670896.html
Money laundering: EU Parliament decides on ban on cash payments over 10,000 euros
rundschau-online.de/politik/eu-parlament-entscheidet-ueber-barzahlungsverbot-ueber-10-000-euro-781901
Billions in Dirty Money Flies Under the Radar at World’s Busiest Airports: The Heathrow-to-Dubai flights have two big money-laundering features: One airport ...
wsj.com/business/airlines/heathrow-dubai-airports-billions-dirty-money-9f49cc7f
Memecoin Mania Sent Bitcoin Fees Soaring During the ‘Halving’ (BTC): The fear of missing out on the latest breed of memecoins helped to briefly temper the ...
bloomberg.com/news/articles/2024-04-22/memecoins-mania-sent-bitcoin-fees-soaring-during-the-halving
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Shafee: 1MDB charges against Najib 'all wrong': Lawyer raises contention over 4 power abuse and 21 money laundering counts.
malaysiakini.com/news/703326
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Exclusive: Venezuela to accelerate cryptocurrency shift as oil sanctions return: Venezuela's state-run oil company PDVSA plans to increase digital currency usage ...
reuters.com/business/finance/venezuela-accelerate-cryptocurrency-shift-oil-sanctions-return-2024-04-22/
Ex-Ecuador official found guilty of laundering millions in Odebrecht bribes in Miami
miamiherald.com/news/local/crime/article287929485.html
Jailed Binance Exec’s Bail Hearing in Nigeria Postponed Until May 17: Tigran Gambaryan has been detained in Nigeria since February 26.
coindesk.com/policy/2024/04/23/jailed-binance-execs-bail-hearing-in-nigeria-postponed-until-may-17/
Würzburg: AfD MP Halemba files a criminal complaint against the judiciary: After the public prosecutor's office expanded the investigation against the AfD MP ...
augsburger-allgemeine.de/bayern/wuerzburg-afd-abgeordneter-halemba-stellt-strafanzeige-gegen-die-justiz-id70528691.html
Paid articlePaid Eswatini: How International Gold Dealers Exploited Eswatini's Economic Dream: Eswatini's king professed to have a bold plan for a thriving economic zone ...
allafrica.com/stories/202404200087.html
Quick Glance: Money Laundering Saga in an African Monarchy
- In 2012, Musa Motsa and his family, along with 180 others, were forcibly removed from their land to make way for a government-sanctioned Special Economic Zone (SEZ) called the Royal Science and Technology Park.
- The SEZ, intended to promote economic growth and job creation, was instead dominated by mysterious gold refineries channeling millions of dollars to Dubai.
- The monarchy of Eswatini under King Mswati III was at the center of a money laundering operation used by international investors to funnel funds through the country.
- The involved companies like Mint of Eswatini and RME Bullion utilized the SEZ to conduct dubious financial transactions, raising concerns from the central bank and local authorities.
‘Split Sena or face arrest’, Modi government had warned Eknath Shinde: Sanjay Raut
indianexpress.com/article/cities/pune/split-sena-or-face-arrest-modi-government-had-warned-eknath-shinde-sanjay-raut-9285777/
laundering of Tk 2,000cr; Court accepts charges against 47: A Dhaka court yesterday accepted the charges brought against 47 people in the much talked about Tk 2 ...
thedailystar.net/news/bangladesh/news/laundering-tk-2000cr-court-accepts-charges-against-47-3593116
Electoral bonds raise questions about ‘rule by the people’, says Prashant Bhushan
indianexpress.com/article/cities/bangalore/electoral-bonds-raise-questions-about-rule-by-the-people-says-prashant-bhushan-9284970/
Bank regulation has not kept pace with global financial crime: With financial crime surging worldwide, it is critical that the public and private sectors align ...
americanbanker.com/opinion/bank-regulation-has-not-kept-pace-with-global-financial-crime
Bitcoin Halving: 4 Things That Will Happen After This Week's Big Crypto Event: The long-awaited bitcoin halving is set to occur later this week ...
money.com/bitcoins-next-halving-is-near/
New allegations against Daniel Halemba: Money laundering, coercion, damage to property
fnweb.de/orte/wertheim_artikel,-wertheim-neue-vorwuerfe-gegen-daniel-halemba-_arid,2198117.html
What risks do crypto and digital currencies pose? Interview with Rasmus Nielsen | NEWS.am TECH - Innovations and science
tech.news.am/eng/news/3346/what-risks-do-crypto-and-digital-currencies-pose-interview-with-rasmus-nielsen.html
Explained: The Rs 6,600 cr Bitcoin ponzi scam involving Raj Kundra: The Ponzi scheme allegedly swindled Rs 6,600 crore from investors by promising high returns ...
business-standard.com/finance/personal-finance/explained-the-rs-6-600-cr-bitcoin-ponzi-scam-involving-raj-kundra-124042200630_1.html
Malta May Revoke Passport from Russian Who Laundered Money in UK: Organized Crime and Corruption Reporting Project
occrp.org/en/daily/18672-malta-may-revoke-passport-from-russian-who-laundered-money-in-uk
Sand Dollar approaching $3 mil. in circulation: The Central Bank of The Bahamas’s Sand Dollar, the country’s digital currency, is steadily approaching $3 million ...
thenassauguardian.com/business/sand-dollar-approaching-3-mil-in-circulation/article_13f6bbd8-0034-11ef-bb66-cf7a0204ba51.html
Money laundering suspicion in Arnhem: First division team relegated with -1 point after 18 points deduction
n-tv.de/sport/fussball/Erstligist-steigt-nach-18-Punkte-Abzug-mit-1-Punkt-ab-article24888266.html
Tk 2,000cr laundering racket in Faridpur: Court accepts charges against 47: A Dhaka court today accepted the charges brought against 47 people in the much talked ...
thedailystar.net/news/bangladesh/crime-justice/news/tk-2000cr-laundering-racket-faridpur-court-accepts-charges-against-47-3592761
Hearings end in 'Panama Papers' money-laundering trial - International - World
english.ahram.org.eg/NewsContent/2/9/522254/World/International/Hearings-end-in-;Panama-Papers;-moneylaundering-tr.aspx
Money laundering case: Charge framing hearing against Samrat deferred again: A Dhaka court today again deferred to July 2 the hearing on charge framing against ...
thedailystar.net/news/bangladesh/crime-justice/news/money-laundering-case-charge-framing-hearing-against-samrat-deferred-again-3592111
Excise 'scam': Delhi court reserves order till April 30 on bail pleas of Manish Sisodia
deccanherald.com/india/delhi/excise-scam-delhi-court-reserves-order-till-april-30-on-bail-pleas-of-manish-sisodia-2987018
EFCC Declares Yahaya Bello Wanted Over N80b Fraud: Bello's running battle with the agency became public on Wednesday, when dozens of EFCC operatives laid ...
fij.ng/article/efcc-declares-yahaya-bello-wanted-over-n80b-fraud/
'Elaborate conspiracy' unravelled after Surrey woman pulled over by police: During a search of her home officers discovered a phone with messages linked to an ...
getsurrey.co.uk/news/surrey-news/surrey-woman-pulled-over-no-29026869
Don Ueli - the incorruptible: Ueli Gurtner from Winterthur led a cooperative of small coffee farmers to economic success in Guatemala ...
beobachter.ch/magazin/gesellschaft/don-ueli-der-unbestechliche-700435
Paid articlePaid Software glitch saw Aussie casino give away millions in cash: Nobody cared enough to check why audits were out of whack
theregister.com/2024/04/18/software_glitch_casino_cash_giveaway/
Miners’ reward for operating Bitcoin halved to limit production: The bitcoin market on Friday engineered the “halving” of the reward for operating the ...
english.alarabiya.net/business/technology/2024/04/20/miners-reward-for-operating-bitcoin-halved-to-limit-production
Cambodia's Prince Group: A business empire built on crime?: Our three part investigative series reveals a concerning blend of improbable business ventures ...
rfa.org/english/news/special/prince-group/
'Immigration and money offences' at Hereford takeaway: A raid on a Hereford takeaway restaurant found evidence of immigration breaches and money laundering ...
herefordtimes.com/news/24263884.immigration-money-offences-hereford-takeaway/
Travellers to and from Singapore carrying over S$20,000 must submit online declaration from May 13
thestar.com.my/aseanplus/aseanplus-news/2024/04/20/travellers-to-and-from-singapore-carrying-over-s20000-must-submit-online-declaration-from-may-13
Liam Dann: are we witnessing the death of paper money?: Veteran financial journalist Liam Dann returns to the show to shine a light on left-field economic news ...
rnz.co.nz/national/programmes/saturday/audio/2018935102/liam-dann-are-we-witnessing-the-death-of-paper-money
BREAKING: Court clears ex-AGF Adoke of money laundering charges: A Federal High Court in Abuja on Friday discharged and acquitted former attorney-general of the ...
punchng.com/breaking-court-clears-ex-agf-adoke-of-money-laundering-charges/
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