According to an investigation by cryptocurrency sleuth ZachXBT, the Lazarus Group laundered $200 million worth of cryptocurrency into fiat currency between August 2020 and October 2023.
JinseFinanceThe new Renzo project on Binance is the most successful Restaking project in the field of DEFI integration and has the highest community participation. It has become the second LRT to be listed on Binance.
JinseFinanceDOJ charges KuCoin and founders for AML violations, alleging unlicensed money transmitting business. Legal scrutiny triggers market decline in KCS token value.
Edmund2024 AML Trends: Crypto Regulation, Real Estate Scrutiny, AI Integration.
SnakeDespite recent market turmoil, Bonk (BONK) experiences an unexpected recovery, attributed to strategic actions by whale investors. Their confidence in a bullish reversal has stabilized prices, attracting attention from retail investors. However, caution is advised due to the fragility of such recoveries, especially in a bear-dominated market.
BerniceTaiwanese cryptocurrency exchange Bitgin is currently under investigation for alleged money laundering activities. The focus of the inquiry revolves around the arrest of Yuting Zhang, the company's Chief Operating Officer, implicated in the "Eighty-Eight Guild Hall" money laundering case.
JasperJinseFinanceOneCoin's ex-compliance chief pleads guilty to fraud, potentially 10 years in prison, amidst broader legal actions against the scheme.
Hui XinOne of the founders has been arrested, while the other one remains at large.
ClementBinance wrote that media allegations were fabricated by interested parties to “mislead the public.”
Cointelegraph