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Financial Crime News Briefs

Snapshots of money laundering, insider trading, financial fraud, sanctions evasion, regulations, and AI technology developments for educational purposes only.

Day: January 30, 2025

Written by FinCrimeJanuary 30, 2025

Trump cabinet pick Howard Lutnick defends Tether against money laundering claims

Reported by Aleks Gilbert When it comes to Tether, Howard Lutnick, President Trump’s pick to lead the US Department of Commerce, has a simple message for critical US senators. They shouldn’t blame the stablecoin issuer for all the bad actors that use USDT to launder dirty money. “It’s like blaming Apple because criminals use Apple […]

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