Reported by: Luc Cohen The brother of a former Coinbase Global Inc (COIN.O) product manager pleaded guilty on Monday to a wire fraud conspiracy charge, in what U.S. prosecutors have called the first insider trading case involving cryptocurrency. Nikhil Wahi, 26,admitted during a virtual court hearing before U.S. District Judge Loretta Preska in Manhattan that […]
Reported by: Emma Dunkley Austrac, Australia’s financial crime watchdog, is investigating Entain to check whether the London-listed betting company has complied with anti-money laundering and counter-terrorism financing rules. Entain Australia, which last year accounted for about a tenth of group revenue, said it was “co-operating with the investigation which relates to the historical period from […]
Reported by: Stephen Breen The crumbling Kinahan cartel has forged links with Hezbollah and Iran, the Irish Sun has learned. Of the Kinahans, a source said: “They’ve established money laundering links to Hezbollah and Iran. “It’s purely about money, as Hezbollah is one of the main local laundering operations. “Every major organised crime group on […]
Financial Crime News Briefs 