What is crypto money laundering? Crypto money laundering involves concealing illegally obtained funds by funneling them through cryptocurrency transactions to obscure their origin. Criminals may ...

One task where AI tools have proven to be particularly superhuman is analyzing vast troves of data to find patterns that humans can't see, or automating and accelerating the discovery of those we can.

Singapore authorities seized or froze assets worth more than S$2.8 billion ($2 billion) in one of the city-state’s largest money laundering investigation, a senior official said on Tuesday while ...

Sanctions lawyers knew it was going to be bad before reaching the end of the first page of the charging document. Under the section heading, Overview, the government summarized the facts and ...

Berlin, 26 March 2025 – In most of the world’s leading economies and major financial centres, criminals, the corrupt and their enablers can exploit a series of loopholes to stash dirty money in real ...

Attorney General Merrick Garland speaks during a news conference to announce that TD Bank will pay an approximately $3 billion settlement after authorities say the financial institution's lax ...

Money laundering moves illicit funds into legal channels, often through complex financial maneuvers. Banks combat money laundering with systems like KYC practices and transaction monitoring. Enhanced ...

Destroyed buildings near the Al-Maghazi camp in the Gaza Strip in January. The ongoing conflict between Hamas and Israel has created new anti-money-laundering challenges for banks. The new year began ...

MONEY LAUNDERING HELPS ILLICIT ORGANIZATIONS by lowering their cost of capital, giving them a competitive advantage over legitimate businesses. NEITHER GOVERNMENT OFFICIALS NOR THE BUSINESS community ...

An ancient credit system developed in China that relied on trust to help traders sidestep authorities and taxes is now being used to conceal illegal trafficking and increasingly environmental crimes, ...