The U.S. Justice Department is investigating Binance, the world's largest cryptocurrency exchange, for suspected violations of sanctions against Russia, Bloomberg reported. More Federal prosecutors in Brooklyn unsealed money laundering, wire fraud and theft charges against U.S. Rep. George Santos (R-NY), CNN reported. More Federal enforcement of U.S. anti-money laundering rules bounced back in terms of volume in 2022 after hitting a record low in 2021, but the aggregate value of AML-related regulatory penalties dropped, data compiled by ACAMS moneylaundering.com shows. More AML enforcement trended slightly downward in Europe in 2022, but major financial crime-related criminal penalties and settlements in France...
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