Reported by Kevin T. Dugan (Summary version featured below) In the aftermath of the 2022 crypto market collapse, billionaire Barry Silbert, a prominent figure in the digital asset space, assured investors their money was safe. However, new court filings suggest a stark contrast between his public reassurances and private actions. According to creditors of Genesis […]

Reported by Jennifer Trowbridge Certain registered investment advisers (RIAs) and Exempt Reporting Advisors (ERAs) will face new federal compliance and filing requirements in the new year. Starting January 1, 2026, they will be required to comply with Financial Crimes Enforcement Network’s (FinCEN’s) new anti-money laundering (AML) and countering the financial terrorism (CFT) regulation. This is […]

Reported by The Wall Street Journal

Reported by Truth Hurts podcast

Reported by Protos Staff Coinbase has revealed that cybercriminals have tried to blackmail the exchange for $20 million in bitcoin (BTC) and have bribed rogue customer support agents to steal customer data. According to the company’s CEO, Brian Armstrong, a ransom note sent to the exchange threatened to release this data that could be used to […]

Reported by NewsNation

Reported by Bradley L. Henry, Kathleen H. Shannon Of Blank Rome LLP (Summary version featured below) In spring 2025, the Department of Justice (DOJ) launched a significant overhaul of its financial crime strategy, marked by two major announcements: Deputy Attorney General Todd Blanche’s April 7 Memorandum and Criminal Division Chief Matthew Galeotti’s May 12 speech at the SIFMA […]

Reported by Jack Mac

Reported by Andy Greenberg (Summary version featured below) A Telegram-based Chinese-language black market called Xinbi Guarantee has facilitated over $8.4 billion in illicit transactions since 2022, according to new research from crypto-tracing firm Elliptic. Although presented as a legitimate company registered in Colorado, Xinbi operated as a hub for money laundering services tied to crypto […]

Reported by NBC News