Alleged Fraudster Admits Role in Bitcoin Laundering Scheme

Fraudster Admits Role in
Bitcoin Laundering SchemeGetty Images

Treasury’s Next Regulatory Retrograde: CDD Rule

US Officials Forecast Suspicious- Activity-Reporting Overhaul

US Officials Forecast Suspicious-
Activity-Reporting Overhaul

More News

FinCEN’s Data-Sharing Initiative Faces Uphill Climb

By Charlie Passut

Privacy concerns and fear of legal action effectively render a U.S. bureau's latest effort to prod financial services companies into sharing intelligence with themselves and each other, including across borders, dead on arrival, attorneys told ACAMS moneylaundering.com.

October 2, 2025

Midweek Roundup: OCC Vets VASPs, Chinese Fraudster Convicted, and More

Iran sanctions renewed, FinCEN plans survey, and more, in the midweek roundup.

October 1, 2025

At OCC, New Panel Vets VASP Charters

By Chelsea Carrick

A "novel banking supervision team" is handling a wave of applications submitted since January.

October 1, 2025

Breaking September 30, 2025: 1:06 pm ET

Senate Panel Greenlights TFI Deputy’s Nomination

Fraudster Admits Role in Bitcoin Laundering Scheme

By Koos Couvée

The mastermind of a massive investment fraud in China pleaded guilty in London to laundering money.

September 29, 2025

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Enforcement Actions

SRA Fines Vine Orchards LLP £20,234 for Breaches of MLRs

The Solicitors Regulation Authority entered into a regulatory settlement agreement with the Exmouth, U.K.-based firm that requires it to pay a £20,234 fine and £600 in investigation costs for breaches of anti-money laundering regulations.

October 2, 2025

FINTRAC Fines HRA Group Holdings CA$132,000 for AML/CTF Compliance Failures

The Financial Transactions and Reports Analysis Centre of Canada imposed an administrative monetary penalty of CA$132,000 on the Vancouver-based dealer in precious metals and stones, after finding multiple violations of the Proceeds of Crime (Money Laundering) and Terrorist Financing Act.

October 2, 2025

Legs & Regs

Sentry Warns of UAE Business Network Linked to Sudanese Rapid Support Forces

The Sentry, a U.S.-based nonprofit focused on investigative research and policy, has issued an alert identifying a network of companies in the United Arab Emirates linked to Sudan’s Rapid Support Forces.

October 2, 2025

AUSTRAC Outlines Success of Cryptocurrency Taskforce

The Australian Transaction Reports and Analysis Centre highlighted efforts to combat cryptocurrency-related crime, citing growing risks associated with crypto ATMs and digital currency exchanges.

October 2, 2025

AUSTRAC Supports Efforts to Strengthen AML/CTF Measures of Papua New Guinea

The Australian Transaction Reports and Analysis Centre announced continued collaboration with Pacific partners to strengthen anti-money laundering and counterterrorist financing systems across the region.

October 2, 2025

AUSTRAC Highlights Upcoming Guidance on New AML/CTF Rules

The Australian Transaction Reports and Analysis Centre announced upcoming guidance to support current reporting entities and newly regulated entities under the new Anti-Money Laundering and Counter-Terrorism Financing Rules 2025, which were tabled on Aug. 29, 2025.

October 2, 2025

Financial Crime Matters: DOJ Banking Chief Discusses Priorities, Cases

November 25, 2024

In this episode of Financial Crime Matters, Kieran Beer, editor in chief of ACAMS moneylaundering.com and Michael Grady, head of the Justice Department’s Bank Integrity Unit, discuss investigative priorities and the role of whistleblowers in launching and advancing cases.

Stephanie Baker on Punishing Putin

June 30, 2025

In the latest episode of Sanctions Space, Justine Walker, head of global sanctions and risk at ACAMS, and Stephanie Baker, author of 'Punishing Putin: Inside the Global Economic War to Bring Down Russia,' discuss sanctions loopholes Russia exploits to finance its war with Ukraine, and U.S. use of 'secondary tariffs' to deter purchases of Russian oil.

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