Reported by Iran International Unofficial reports surrounding the activities of Babak Zanjani, once Iran’s richest man and a figure synonymous with corruption and sanctions evasion, have reignited public and media interest. Recent reports in Iranian media suggest that Zanjani, despite being officially incarcerated, may be laying the groundwork for ambitious economic projects, including ventures in cryptocurrency, […]
Reported by Wolfsberg Group For full report, click here: The Wolfsberg Group’s document highlights the necessity of defining digital assets to address the growing complexities and risks, particularly regarding money laundering and terrorism financing (ML/TF). These definitions help financial institutions, policymakers, and regulators understand asset characteristics, assess risks, and implement appropriate controls. Digital assets are […]
Read full report: https://www.nytimes.com/athletic/6084445/2025/01/23/shohei-ohtani-interpreter-audio-money-transfer-ippei/ Reported by Evan Drellich and Sam Blum Federal prosecutors on Thursday disclosed a nearly four-minute audio recording which they said showed Ippei Mizuhara, the former interpreter convicted of defrauding Los Angeles Dodgers superstar Shohei Ohtani, attempting to push through a $200,000 wire transfer from one of the player’s accounts. The recording, obtained by The […]
Reported by Jan Hoffman Seven months after the Supreme Court struck down a deal that would have resolved thousands of opioid cases against Purdue Pharma, the company’s owners, members of the Sackler family, have increased their cash offer to settle the litigation — but with a novel catch. Under the framework for a new deal, […]
Reported by Adam Liptak The Supreme Court on Thursday revived a federal law requiring companies to report information about their owners in an effort to combat money laundering, the drug trade and terrorism. The court’s brief order gave no reasons, which is typical when the justices act on emergency applications. The ruling was provisional, reinstating the […]
Reported by Jim Bronskill, The Canadian Press Canada’s financial intelligence agency suspects online gambling platforms are being used to launder proceeds from fentanyl dealing and production. In an operational alert, the Financial Transactions and Reports Analysis Centre of Canada says there is reason to believe people are depositing and withdrawing funds at online casinos to […]
Reported by RORY TINGLE and OLIVER PRICE, Crimes including money laundering and modern slavery are ‘taking place in plain sight’ on the High Street – with organised gangs using seemingly ordinary shops as fronts for their illicit empires. Dramatic rises in offences like shoplifting have sparked major concern in recent years, driven in part by the […]
The president has designated Mexican drug cartels as foreign terrorist organizations. Here’s what that means. Reported by Christina Lu (Summary version featured below. Read full report: https://foreignpolicy.com/2025/01/21/trump-drug-cartels-foreign-terrorist-organization-mexico-immigration-executive-order) On his first day back in office, President Donald Trump signed several executive orders focusing on immigration and border security. Among them was a controversial decision to designate […]
Reported by Diana Glebova and Priscilla DeGregory President Trump announced Tuesday night that he had granted a “full and unconditional” pardon to Ross Ulbricht, founder of the notorious dark web site Silk Road. Trump, 78, announced his grant of clemency, first reported earlier Tuesday by The Post, on Truth Social. “I just called the mother of Ross William […]
Reported by Zen, PANews In the conservative political circle of the United States, Ryan Fournier rose to fame as a student organization leader and Trump supporter, but in the cryptocurrency world, as a ‘crypto novice’, he became the focal point of a series of controversies. From the rapid collapse of the recently occurred ‘TIKTOK’ memecoin […]
