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Category Illegal Activity

FBI Charges 6 for Allegedly Running $30M Money Transmitting Business Using Crypto

FBI Charges 6 for Allegedly Running $30M Money Transmitting Business Using Crypto

The FBI has charged six people for allegedly operating an illegal $30 million money-transmitting business using cryptocurrencies.
Top 5 South Korean Crypto Exchanges Reveal Compliance Strategies to Curb Illicit Activities

Top 5 South Korean Crypto Exchanges Reveal Compliance Strategies to Curb Illicit Activities

According to a statement published by the South Korean Financial Services Commission (FSC), the entity’s Korea Financial Intelligence Unit held a m...
South Korean Prosecutors Uncover Alleged $314 Million Criminal Proceeds Tied to Terraform Labs Co-Founders

South Korean Prosecutors Uncover Alleged $314 Million Criminal Proceeds Tied to Terraform Labs Co-Founders

According to a report by South Korean news publication KBS, Do Kwon, the co-founder of Terraform Labs, has converted a “large part” of his assets i...