News

The U.S. Justice Department's Task Force KleptoCapture has shifted from high-profile seizures of yachts and other luxury goods towards investigating lawyers, property managers and other professionals who facilitate money laundering, sanctions evasion and export control violations, The Wall Street Journal reported. More Hanan Ofer, the co-owner of New York State Employees Federal Credit Union, has been sentenced to two years' probation after pleading guilty to one count of failing to maintain an effective anti-money laundering program, Credit Union Times reported. More One of the three alleged founders of Tornado Cash pleaded innocent to U.S. charges of laundering $1 billion, Reuters...