Two MIT educated brothers are facing serious charges for allegedly pulling off a major crypto crime. Federal prosecutors say Anton and James Pere Bueno carried out a crypto heist in a matter of seconds. They accused the brothers of stealing $25 million worth of Ethereum crypto in what's being called a firstofits-kind fraud case.They're both facing charges related to conspiracy, wire fraud, and money laundering. And they could face a maximum of 20 years behind bars for each of those counts. NBC News has reac ...

The U.S. Treasury Department has also sanctioned Chen’s Prince Group TCO and its network in Palau, freezing related assets and prohibiting U.S. persons from transacting with them. Meanwhile, FinCEN identified Cambodia-based Huione Group as a major money-laundering hub, finding it laundered about $4 billion between August 2021 and January 2025—including $37 million linked to DPRK cyber-heists. FinCEN has officially cut Huione Group off from the U.S. financial system.https://t.co/0DflC8IpsC ...

The Trump administration is reportedly weighing a pardon for Binance founder Changpeng “CZ” Zhao, who served prison time after pleading guilty to a money laundering violation. https://t.co/jxTFcMlxT6 ...

Core Viewpoint - The Enforcement Directorate has arrested the CFO of Reliance Power in connection with a money laundering case involving a fake bank guarantee of ₹68 crore [1][4]. Group 1: Arrest and Investigation - The CFO, Ashok Pal, was arrested under the Prevention of Money Laundering Act after being questioned by the Enforcement Directorate [3]. - He is expected to be presented in a special court where the agency will seek his remand for custodial interrogation [3]. Group 2: Details of the Case - The case involves a bank guarantee of ₹68.2 crore submitted to the Solar Energy Corporation of India Limited on behalf of Reliance NU BESS Limited, a subsidiary of Reliance Power, which was found to be fake [4]. - The accused company, identified as Odisha-based Biswal Tradelink, allegedly operated a scheme for providing fake bank guarantees [4][5]. Group 3: Role of the CFO - Ashok Pal played a crucial role in the diversion of funds, being empowered by the company board to finalize and approve documents for the SECI's BESS tender [5]. - He allegedly approved releases and facilitated paperwork through internet-based communication platforms, bypassing normal workflows [9]. Group 4: Background of the Fraud - The investigation revealed that the company submitted a bank guarantee from a non-existent branch of FirstRand Bank in Manila, Philippines [6]. - The money laundering case originated from a November 2024 FIR filed by Delhi Police's Economic Offences Wing, alleging the issuance of fake bank guarantees for an 8% commission [6]. Group 5: Company’s Defense - Reliance Group claimed that Reliance Power was a victim of fraud and had made necessary disclosures to the stock exchange regarding the case [7]. - A criminal complaint was lodged against the accused company with Delhi Police's EOW in October 2024 [7].

CHAINALYSIS UNCOVERS $75B IN CRYPTO CONTROLLED BY CRIMINAL NETWORKS- Criminals and their networks now hold more than $75 billion in cryptocurrency, according to a new report from Chainalysis.- The figure illustrates the scale of illicit activity in crypto markets, despite tighter regulations and improved blockchain tracking.The Breakdown:- Chainalysis says about $15 billion is held directly by wallets tied to criminal operations. In addition, $60 billion sits in secondary wallets linked to those entities.- ...

RT MAGA Storm (@MAGAStormX)🚨 INSANE BOMBSHELL 🚨Barack Obama was using USAID as a front to LAUNDER money through the Cayman Islands — all while pretending it was “foreign aid.”👉 That money didn’t go to help anyone.👉 It went straight into creating and training “Rent-a-Riot” mobs used to overthrow governments.Mike Benz on Joe Rogan:“During the Obama USAID era, we were running rogue operations in Cuba. USAID pumped $1.2 BILLION into activist groups, teaching them how to use Facebook, Twitter, hashtags, and coor ...

JUST IN: 🇬🇧 UK considers keeping $6.7 BILLION Bitcoin seized in money laundering case.61,000 BTC tied to a massive Chinese fraud could spark a years-long legal battle. ⚖️ https://t.co/329iDeEnII ...

Asset Seizure - The U K government possesses $7 billion (70 亿) in seized Bitcoin [1] - The Bitcoin was confiscated from convicted Chinese money launderers [1] Cryptocurrency Market - The article raises the question of whether the U K government will "hodl" (hold) the seized Bitcoin [1]

A Chinese woman alleged to be behind a huge investment fraud pleaded guilty to charges she used Bitcoin to launder criminal money, in a case that stems from one of the largest cryptocurrency seizures ever by British police https://t.co/km78W67qWC ...

RT Hosna ⚖️ (@DOGEQEEN)🚨 BREAKING: Elon Musk has made a bold statement, urging the arrest of politicians implicated in a large-scale money laundering operation involving taxpayer funds funneled through NGOs. He has called on Attorney General Pam Bondi to "put the hammer down" on the culprits. https://t.co/W7T6Pef6cP ...