Regulatory Scrutiny - Taiwan authorities are investigating a significant crypto money laundering case [1] - The case involves $75 million laundered through CoinW [1] Financial Crime Impact - 1,539 individuals have been affected as victims of the money laundering scheme [1] Cryptocurrency Industry Risk - The incident highlights the potential risks associated with cryptocurrency exchanges and money laundering [1]

Regulatory Scrutiny - Taiwan prosecutors are investigating a large-scale money laundering case involving a physical virtual currency exchange [1] - The case involves 14 individuals associated with the CoinW exchange [1] Financial Crime - The individuals allegedly assisted a fraud ring in converting cash into virtual currency [1] - Approximately $75 million (百万) was laundered over a year [1] - The fraud targeted over 1,539 victims [1]

Regulatory Scrutiny - Australia's financial crimes agency ordered Binance's local arm to appoint an external auditor [1] - The order follows "serious concerns" regarding money laundering and terrorism financing controls at the cryptocurrency exchange [1] Compliance Concerns - The concerns relate to the adequacy of Binance's controls in preventing financial crimes [1]

Legal & Regulatory - The Tornado Cash trial highlights the high stakes for open source developers, requiring consideration of potential future misuse by criminals [1] - The jury reached a guilty verdict on 1 MTB (Money Transmitting Business) charge, but was hung on 2 other charges [1] - The appeal process for the Tornado Cash trial could take years to resolve [1] Security & Compliance - North Korea's Lazarus Group laundered $600 million (600M) through Tornado Cash [1] - No wallets directly sanctioned by OFAC (Office of Foreign Assets Control) used the Tornado Cash service [1] Technology & Development - Developers now need to consider how their creations could be used by criminals in the future, extending beyond just blockchains [1]

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

Regulatory Scrutiny - US government targeted two Mexican banks for potentially aiding money laundering by drug cartels [1] Business Operations - Targeted Mexican banks have sold significant parts of their operations [1]

Regulatory Action - Singapore is preparing to sell luxury items confiscated from convicted money launderers [1] Financial Crime - The case is the country's biggest money laundering case [1]

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 ...

Legal & Regulatory - Roman Storm, a Tornado Cash developer, was found guilty of conspiracy to operate an unlicensed money transmitting business [1] - The jury did not reach a unanimous verdict on charges of conspiracy to commit money laundering and conspiracy to violate North Korea sanctions [1]

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