RT CoinDesk Podcast Network (@CoinDeskPodcast)The stakes are high for open source developers as the TornadoCash trial continues.“As a developer you now need to think about how a criminal in the future could use something you’ve built in the past… and this doesn’t apply just to blockchains” - @davidzmorrisNOTES:• Jury hung on 2 charges, guilty on 1 MTB charge• North Korea Lazarus laundered $600M• No direct OFAC-sanctioned wallets used the service• Appeal process could take years to resolve🎧 Check out the lat ...

India moves legislation to ban online betting apps due to rising instances of addiction, money laundering and financial fraud https://t.co/naVzkonn9n ...

Two Mexican banks targeted by US President Trump's administration for potentially aiding money laundering by drug cartels have sold significant parts of their operations, the government says https://t.co/mCkQgTz7XP ...

Singapore is set to sell an eye-watering variety of luxury items confiscated from money launderers who were convicted in the country’s biggest laundering case https://t.co/gfRKLNkTBQ ...

Australian regulators charged four men, including a former barrister, with money laundering for allegedly moving scam proceeds to crypto exchanges.Read more: https://t.co/rC6PpuA1qk ...

According to Inner City Press, the jury in the case against Tornado Cash developer Roman Storm returned a verdict: guilty on conspiracy to operate an unlicensed money transmitting business; no unanimous verdict on conspiracy to commit money laundering and conspiracy to violate North Korea sanctions. https://t.co/3KpcPpmoOD ...

Fake currency? Money laundering? Hacking tech? All this and more is for sale on "the Amazon for criminals" https://t.co/8pPHxVmeTO ...

On the edge of this once sleepy coastal town in Cambodia, a concrete fortress looms. Tainted by allegations of fraud and exploitation. We’re in the car right now because it’s not especially safe to be out.This isn’t just a getaway. This is a key gateway to global crime. A number of grim reports have surfaced of the proliferation of scam compounds in the region.These are places where trafficked people are forced to scam people out of money in different jurisdictions around the world. What hadn’t been explore ...

Regulatory Landscape - Hong Kong is preparing to integrate stablecoins into its financial system with new regulations [1] - Licensed issuers must conduct full KYC (Know Your Customer) on holders to combat money laundering, starting August 1 [1] Market Concerns - HKMA (Hong Kong Monetary Authority) chief Eddie Yue cautioned about market bubbles driven by hype [1] Industry Focus - The report raises the question of whether this is the future of compliant stablecoins [1]

The founders of a cryptocurrency mixing service admitted helping launder more than $100 million in proceeds from illegal darkweb marketplaces and fraud schemes, as the developer of a similar platform awaits a jury verdict in the same court. https://t.co/HGOmOZA48N ...