Reported by: Shalini Nagarajan The Securities and Exchange Commission (SEC) continues to enforce legal action against bad actors in the crypto industry as regulators take steps to bolster investor protection laws. Chicago Crypto Capital and three of its personnel were accused of defrauding investors by offering unregistered cryptoasset securities, an announcement on Wednesday showed. The crypto broker’s […]
Reported by: Barney Jopson in Madrid and Jude Webber in Dublin Spanish police have arrested a man they say is one of Europe’s biggest money launderers, the associate of a notorious Irish gang who used a sham vodka brand and underground banking to process up to €350,000 a day of dirty funds. The authorities did […]
Reported by: Kyle Barr South Korean police are currently on the hunt for Do Kwon (and other top people behind Terraform Labs) over allegations of fraud and tax evasion. Bloomberg reported Wednesday that the Seoul Southern District Prosecutors Office has a warrant out for Do Kwon, the CEO of Terraform Labs, as well as five […]
Financial Crime News Briefs 