News and Blogs

Police net ‘one of UK’s largest ever hauls of 3D printed guns’ in raid on factory

Read here: https://uk.news.yahoo.com/police-net-one-uk-largest-152810005.html

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Bored Ape creators and other NFT projects investigated by SEC probe

Read here: https://cointelegraph.com/news/bored-ape-creators-and-other-nft-projects-investigated-by-sec-probe

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United Arab Emirates and Cyprus: Top destinations for Lukashenka’s construction money

Read here: https://investigatebel.org/en/investigations/skolko-stroitelnye-koshelki-lukashenko-vyveli-iz-belarusi-i-kak-mogli-otmyvat-dengi-cherez-oae-i-kipr

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Education and dark money: Why independent schools need anti-money laundering

Read here: https://www.finextra.com/blogposting/23042/education-and-dark-money-why-independent-schools-need-anti-money-laundering

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In Denmark, Syrian man gets 3 years for money laundering

Read here: https://abcnews.go.com/International/wireStory/denmark-syrian-man-years-money-laundering-91325761

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Netherlands: 20 arrested in separate money laundering busts involving drugs, cash, Rolex watches

Read here: https://nltimes.nl/2022/10/11/20-arrested-separate-money-laundering-busts-involving-drugs-cash-rolex-watches

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New York changes gun buyback after seller gets $21,000 for 3D-printed parts

Read here: https://www.theguardian.com/us-news/2022/oct/11/new-york-gun-buyback-rules-3d-printed-parts

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University student accused of £300,000 money laundering scheme

Read here: https://news.stv.tv/east-central/scottish-university-student-accused-of-300000-money-laundering-scheme

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UK: New ‘failure to prevent’ offences on the way, former lord chancellor predicts

Read here: https://www.lawgazette.co.uk/law/new-failure-to-prevent-offences-on-the-way-former-lc-predicts/5113908.article

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How Market Manipulation Led to a $100M Exploit on Solana DeFi Exchange Mango

Read here: https://www.coindesk.com/markets/2022/10/12/how-market-manipulation-led-to-a-100m-exploit-on-solana-defi-exchange-mango/

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Mango Market Exploit: DeFi Loses Nearly $900 Million to Hackers in Costliest 30 Days on Record

Read here: https://hub.elliptic.co/analysis/mango-market-exploit-defi-loses-nearly-900-million-to-hackers-in-costliest-30-days-on-record/

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Jack Dorsey’s European Cash App Business Has Been Ordered To Fix Money Laundering Problems

Read here: https://www.forbes.com/sites/thomasbrewster/2022/10/12/cash-app-block-verse-business-money-laundering-probe/

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Kuwaiti Diplomat And Wife Charged With Forced Labor Of Domestic Workers And Related Fraud Offenses

Read here: https://www.justice.gov/usao-sdny/pr/kuwaiti-diplomat-and-wife-charged-forced-labor-domestic-workers-and-related-fraud

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Making The Most Of ISO 20022 To Help Tackle Financial Crime Compliance

Read here: https://www.ukfinance.org.uk/news-and-insight/blog/making-most-iso-20022-help-tackle-financial-crime-compliance

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G7 Leaders’ joint statement on Ukraine: 11 October 2022

Read here: https://www.gov.uk/government/news/g7-leaders-joint-statement-on-ukraine-11-october-2022

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Tornado Cash Alternatives: The Protocols Competing for the Tornado Cash User Base

Read here: https://www.elliptic.co/resources/tornado-cash-alternatives

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Three Criminal Revelations from Mexico’s Defense Ministry Leaks

Read here: https://insightcrime.org/news/three-criminal-revelations-from-mexico-defense-ministry-leaks/

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Prepared Remarks of FinCEN Acting Director Himamauli Das During the ACAMS AML Conference

Reda here: https://www.fincen.gov/index.php/news/speeches/prepared-remarks-fincen-acting-director-himamauli-das-during-acams-aml-conference

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Acting Comptroller Discusses Identifying Crypto Risks

Read here: https://occ.gov/news-issuances/news-releases/2022/nr-occ-2022-125.html

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Acting Comptroller Discusses Crypto and the Regulatory Perimeter

Read here: https://occ.gov/news-issuances/news-releases/2022/nr-occ-2022-126.html

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Council raid on London’s Oxford Street ‘sham shops’

Read here: https://www.thetimes.co.uk/article/council-raid-on-oxford-st-sham-stores-dl8m0l7th

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Diamond Tycoon Nirav Modi Warns of Suicide Risk From India Extradition

Read here: https://www.bloomberg.com/news/articles/2022-10-12/diamond-tycoon-warns-of-suicide-risk-from-india-extradition

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Round Up: Treasury Announces Two Enforcement Actions for over $24M and $29M Against Virtual Currency Exchange Bittrex, Inc

Treasury Announces Two Enforcement Actions for over $24M and $29M Against Virtual Currency Exchange Bittrex, Inc. The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) and Financial […]

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Oliver Stone Documentary About Kazakhstan’s Former Leader Nazarbayev Was Funded by a Nazarbayev Foundation

Read here: https://www.occrp.org/en/investigations/sidebar/oliver-stone-documentary-about-kazakhstans-former-leader-nazarbayev-was-funded-by-a-nazarbayev-foundation

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Exporting Corruption 2022: Assessing enforcement of the OECD Anti-Bribery Convention

Read here: https://images.transparencycdn.org/images/2022_Report-Full_Exporting-Corruption_EN.pdf

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EU signals regulatory intent with study on ’embedded supervision’ of Ethereum DeFi

Read here: https://cryptoslate.com/eu-signals-regulatory-intent-with-study-on-embedded-supervision-of-ethereum-defi/

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UK No Longer An Active Enforcer Of Foreign Bribery As Global Enforcement Hits Historic Low

Read here: https://www.transparency.org.uk/uk-foreign-bribery-enforcement-exporting-corruption

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Woman Scammed by ‘Russian Astronaut’ Who Claimed to Need Money to Return to Earth

Read here: https://www.vice.com/en/article/3ad7vn/japan-romance-scam-russian-astronaut

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Snapchat Gun Dealer Convicted of Unlawfully Manufacturing and Selling Firearms

Read here: https://www.atf.gov/news/pr/snapchat-gun-dealer-convicted-unlawfully-manufacturing-and-selling-firearms

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Glencore Faces Flood of UK Litigation Following Bribery Charges

Read here: https://www.swissinfo.ch/eng/glencore-faces-flood-of-uk-litigation-following-bribery-charges/47968348

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Ex-Business Partner of Fake Mar-a-Lago Heiress Shot in Quebec

Read here: https://www.occrp.org/en/daily/16866-ex-business-partner-of-fake-mar-a-lago-heiress-shot-in-quebec

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Unmasking Control: A Guide to Beneficial Ownership Transparency

Read here: https://www.elibrary.imf.org/view/book/9798400208041/9798400208041.xml

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From Freeze to Seize: How the UK Can Break the Deadlock on Asset Recovery

Read here: https://rusi.org/explore-our-research/publications/commentary/freeze-seize-how-uk-can-break-deadlock-asset-recovery

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UK sanctions Iranian ‘Morality Police’ and senior security officials

Read here: https://www.gov.uk/government/news/uk-sanctions-iranian-morality-police-and-senior-security-officials

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Mexico Reliant on Army to Fight Crime Despite Human Rights Abuses

Read here: https://insightcrime.org/news/amlo-armed-forces-human-rights-abuses-mexico/

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Hundreds of firms linked to organised crime based yards from Companies House

Read here: https://www.opendemocracy.net/en/dark-money-investigations/money-laundering-companies-house-transparency-international-report/

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Zimbabwe Police Arrests Three Suspects of a Hefty Gold Heist

Read here: https://www.occrp.org/en/daily/16864-zimbabwe-police-arrests-three-suspects-of-a-hefty-gold-heist

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Cocaine couriers jailed over failed London Heathrow airport smuggling attempt

Read here: https://nationalcrimeagency.gov.uk/news/dudley-cocaine-couriers-jailed-over-failed-heathrow-smuggling-attempt

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Hong Kong leader says “no legal basis” to act on Russian superyacht

Read here: https://www.swissinfo.ch/eng/hong-kong-leader-says–no-legal-basis–to-act-on-russian-superyacht/47969088

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Peace Between Ecuador’s Warring Gangs Appears Further than Ever

Read here: https://insightcrime.org/news/gang-boss-money-launderer-murdered-ecuadorian-pison-riots/

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