What is crypto money laundering? Crypto money laundering involves concealing illegally obtained funds by funneling them through cryptocurrency transactions to obscure their origin. Criminals may ...

There is a robust international network working to prevent money laundering. It’s called the FATF (Financial Action Task Force). It has headquarters in Paris and works through nine regional satellite ...

Fiat money refers to a type of currency that holds value because a government declares it as legal tender, rather than being backed by a physical commodity like gold or silver. Most modern economies ...

Fraudsters are experts at finding novel ways to launder money. This is evidenced in the variety of ways that dirty money is cleaned, from crypto assets to online auctions. And the insurance industry ...

Our reporters went into a notorious refuge for scammers and fraudsters, and emerged with a how-to guide. By Selam Gebrekidan and Joy Dong Selam Gebrekidan and Joy Dong spent months investigating ...

Sanctions lawyers knew it was going to be bad before reaching the end of the first page of the charging document. Under the section heading, Overview, the government summarized the facts and ...

One task where AI tools have proven to be particularly superhuman is analyzing vast troves of data to find patterns that humans can't see, or automating and accelerating the discovery of those we can.

The authors do not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and have disclosed no relevant affiliations beyond their ...

Legal experts say the Trump administration is increasingly focused on prosecuting crimes only after the damage is done rather than enforcing Bank Secrecy Act regulations and other compliance-based ...

UK and US authorities on Wednesday announced a major crackdown on a pair of billion-dollar money laundering rings that officials say has cleaned money for Russia’s elite, cybercriminals and ...

This analysis explains how repeated amendments widened the reach of PMLA and strengthened enforcement agencies. The key takeaway is that the Act now impacts a broad range of individuals and ...

At the conclusion of talks this month, Treasury Secretary Scott Bessent called money laundering “the result of fentanyl sales,” and said “both the People’s Republic of China’s government and the U.S.