Suspicious Transactions
- All
- News
- Videos
-
Assam Woman Arrested Over Pak Link, Unexplained Fund Transfers
A woman from Assam's Sonitpur district has been arrested after the police found suspicious foreign-linked financial transactions. She was purportedly married to a Pakistani national in Dubai.
-
KuCoin Pleads Guilty, Agrees to Pay Nearly $300 Million in US Crypto Case
KuCoin has pleaded guilty on Monday to operating an unlicensed money transmitting business. Prosecutors said Seychelles-based KuCoin had been used to facilitate billions of dollars of suspicious transactions, and to transmit potential criminal proceeds including from darknet markets and malware, ransomware and fraud.
-
Binance Prevented $2.4 Billion in Losses in H1 2024, 45 Percent Were Linked to Scams: Report
Binance has reportedly managed to avert $2.4 billion (roughly Rs. 20,130 crore) in losses between January and July this year. Out of the total saved, withdrawals linked to suspected crypto scams made up over $1.1 billion (roughly Rs. 9,227 crore), which is about 45 percent of the total amount.
-
South Korea Initiates Crackdown on Suspicious Crypto Activities
On Thursday, July 4, the Financial Supervisory Service of Korea released a statement alerting all crypto exchanges to ramp up transaction monitoring on their respective platforms. This move from South Korea comes as the country’s Virtual Asset User Protection Act is ready to go into effect on July 19.
-
Bitget Working With FIU-IND to Obtain Licensing to Operate in ‘Key Market’ India
Bitget has called India a ‘key market’ as it said that it is working to get an FIU registration to operate in India. With the FIU registrations, crypto firms agree to implement strict KYC system, maintain transaction records, and report suspicious transactions.
-
Jack Dorsey’s Block Reportedly Under Investigation in the US
Authorities in the US have reportedly identified compliance violations from Jack Dorsey’s Block firm. Among other allegations, the probing officers have alleged that Block had been processing multiple crypto transactions even from nations that are part of the US’ sanctions list.
-
Binance Crypto Exchange Founder Changpeng Zhao Sentenced to 4 Months in Prison
Changpeng Zhao, the former chief executive of Binance, was sentenced on Tuesday to four months in prison after pleading guilty to violating US laws against money laundering at the world's largest cryptocurrency exchange.
-
"Suspicious" IMPS Transactions Worth Rs 820 Crore Found, CBI Searches On
The CBI conducted searches at 67 locations in seven cities in Rajasthan and Maharashtra in connection with a case linked to suspicious IMPS transactions worth Rs 820 crore across multiple UCO Bank accounts.
-
Financial Intelligence Unit Imposes Penalty of Over Rs. 5 Crore on Paytm Payments Bank
India's Financial Intelligence Unit (FIU) on Friday imposed a penalty of Rs. 5,49,00,000 ($662,565) on Paytm's banking arm, Paytm Payments Bank, for violations in reporting illegal money routed through its accounts, the country's finance ministry said.
-
US Judge Approves Binance's $4.3 Billion Guilty Plea
A US judge on Friday accepted Binance's guilty plea and more than $4.3 billion penalty for violating federal anti-money laundering and sanctions laws through lapses in internal controls at the world's largest cryptocurrency exchange.
-
Assam Woman Arrested Over Pak Link, Unexplained Fund Transfers
A woman from Assam's Sonitpur district has been arrested after the police found suspicious foreign-linked financial transactions. She was purportedly married to a Pakistani national in Dubai.
-
KuCoin Pleads Guilty, Agrees to Pay Nearly $300 Million in US Crypto Case
KuCoin has pleaded guilty on Monday to operating an unlicensed money transmitting business. Prosecutors said Seychelles-based KuCoin had been used to facilitate billions of dollars of suspicious transactions, and to transmit potential criminal proceeds including from darknet markets and malware, ransomware and fraud.
-
Binance Prevented $2.4 Billion in Losses in H1 2024, 45 Percent Were Linked to Scams: Report
Binance has reportedly managed to avert $2.4 billion (roughly Rs. 20,130 crore) in losses between January and July this year. Out of the total saved, withdrawals linked to suspected crypto scams made up over $1.1 billion (roughly Rs. 9,227 crore), which is about 45 percent of the total amount.
-
South Korea Initiates Crackdown on Suspicious Crypto Activities
On Thursday, July 4, the Financial Supervisory Service of Korea released a statement alerting all crypto exchanges to ramp up transaction monitoring on their respective platforms. This move from South Korea comes as the country’s Virtual Asset User Protection Act is ready to go into effect on July 19.
-
Bitget Working With FIU-IND to Obtain Licensing to Operate in ‘Key Market’ India
Bitget has called India a ‘key market’ as it said that it is working to get an FIU registration to operate in India. With the FIU registrations, crypto firms agree to implement strict KYC system, maintain transaction records, and report suspicious transactions.
-
Jack Dorsey’s Block Reportedly Under Investigation in the US
Authorities in the US have reportedly identified compliance violations from Jack Dorsey’s Block firm. Among other allegations, the probing officers have alleged that Block had been processing multiple crypto transactions even from nations that are part of the US’ sanctions list.
-
Binance Crypto Exchange Founder Changpeng Zhao Sentenced to 4 Months in Prison
Changpeng Zhao, the former chief executive of Binance, was sentenced on Tuesday to four months in prison after pleading guilty to violating US laws against money laundering at the world's largest cryptocurrency exchange.
-
"Suspicious" IMPS Transactions Worth Rs 820 Crore Found, CBI Searches On
The CBI conducted searches at 67 locations in seven cities in Rajasthan and Maharashtra in connection with a case linked to suspicious IMPS transactions worth Rs 820 crore across multiple UCO Bank accounts.
-
Financial Intelligence Unit Imposes Penalty of Over Rs. 5 Crore on Paytm Payments Bank
India's Financial Intelligence Unit (FIU) on Friday imposed a penalty of Rs. 5,49,00,000 ($662,565) on Paytm's banking arm, Paytm Payments Bank, for violations in reporting illegal money routed through its accounts, the country's finance ministry said.
-
US Judge Approves Binance's $4.3 Billion Guilty Plea
A US judge on Friday accepted Binance's guilty plea and more than $4.3 billion penalty for violating federal anti-money laundering and sanctions laws through lapses in internal controls at the world's largest cryptocurrency exchange.
