T3 Financial Crime Unit (T3 FCU), a collaboration between Tether, TRON, and TRM Labs, has frozen over $300 million in criminal crypto assets globally since its launch in 2024. Working with law enforcement across multiple countries, it combats money laundering, fraud, and other crimes, showcasing effective public-private cooperation in blockchain security. https://t.co/3t6AoeCAk6 ...

Singapore has seized more than $115 million in assets linked to alleged money laundering and forgery in an operation involving Prince Holding Group and its founder Chen Zhi https://t.co/Dwy6HyGvTy ...

Today, cryptocurrencies rise as we kick off a key week of earnings and trade talks. Democratic senators court their colleagues to pass a resolution condemning the pardon of Shangpang Xiao. And CleanSpark CEO Matt Schultz breaks down the Bitcoin mining company's pivot to AI.Welcome to CNBC's Crypto World. I'm Jordan Smith. Digital currencies are getting a boost as we kick off a week of key earnings and a rate decision from the Fed.At the same time, we got positive signs that the US and China could reach a tr ...

Scandal Overview - NBA Commissioner Adam Silver expresses deep concern over gambling fraud charges, emphasizing the importance of integrity to the league and its fans [1][2] - More than 30 individuals face charges related to money laundering and wire fraud, including accusations of fixing high-stakes poker games with sophisticated technology [2] Individuals Involved - Former Cleveland Cavaliers guard Damon Jones and Hall of Fame Portland Trail Blazers head coach Chanty Bilips are implicated in the federal probe and were released on bond [3] - Miami Heat guard Terry Rosier is charged in an alleged criminal betting scheme involving the trading of insider information about NBA players and teams [3] League Response - Bips and Rosier are placed on immediate leave while the league investigates the incidents [4] - The NBA acknowledges the increased entanglement of professional sports with gambling and the need for mindfulness regarding appropriate conduct [4] External Scrutiny - Congress has issued a bipartisan letter requesting Adam Silver to brief them on the scandal next week [5]

Regulatory Landscape - Cryptocurrency exchanges face scrutiny for enabling money laundering, as exemplified by Binance founder's guilty plea in 2023 [1] - Political divisions exist regarding cryptocurrency regulation, with accusations of power abuse and a "war on cryptocurrency" [2] Market Participants - Former President Trump pardoned Binance founder Changpang Zhao (CZ) [1] - The Trump family has a crypto venture worth billions of dollars [2]

RT The Wolf Of All Streets (@scottmelker)Shame on you, Senator.@cz_binance did not plead guilty to money laundering.He plead guilty for causing Binance to violate the Bank Secrecy Act (BSA) by failing to implement an effective anti-money-laundering program.Ocean of difference between the two. ...

Regulatory Compliance - Cryptomus, a Vancouver-registered crypto firm, has been fined $126 million for failing to report high-risk transactions [1] Risk Factors - The unreported transactions were tied to child abuse, ransomware, and Iran-linked transfers [1]

President Trump has pardoned Binance co-founder Changpeng Zhao, who pleaded guilty to a money laundering charge in 2023. https://t.co/zw7CNtXqaO ...

President Trump has pardoned Binance co-founder Changpeng Zhao, who pleaded guilty to a money laundering charge in 2023. https://t.co/TfDqSBtBcM ...

Binance co-founder Changpeng Zhao has received a pardon from President Trump after he went to jail for failing to safeguard the world’s largest crypto exchange against money laundering. Read more here: https://t.co/I58LadThzP📷: Samsul Said/Bloomberg https://t.co/V1IvBy9NAM ...