Money laundering coverage examines how criminals abuse financial systems, digital assets, and stolen data to conceal proceeds and evade detection.
Search across headline titles and summaries.
Background for this topic.
Money laundering is the process of disguising proceeds from crime so they appear to come from legitimate activity. Criminals may introduce funds into financial services, move them through layers of accounts or assets, and later withdraw or spend them as apparently lawful money. The activity can involve banks, payment processors, online marketplaces, virtual-asset services, and cash businesses; laundering and terrorist financing are related financial-crime concerns but are not identical.
Its information-security relevance is the protection and trustworthy operation of systems used to move and monitor money. Account takeover, stolen identity data, compromised payment APIs, and networks of mule accounts can help conceal transfers; virtual-asset services may add cross-border or pseudonymous transaction paths. Defenders support anti-money-laundering (AML) controls with strong authentication, access limits, tamper-resistant logs, customer and beneficiary verification, and analytics that flag unusual transaction patterns for human review. These systems handle sensitive personal and financial data, so privacy controls, data quality, and secure retention matter alongside regulatory compliance. Preserving relevant logs and transaction records supports investigation and reporting.
Weekly headline count for the current query.
The U.S. Department of Justice (DoJ) on Tuesday announced the seizure of a cloud computing account put to use by subsidiaries of Cambodia-based corporate conglomerate HuiOne Group, as the Treasury unveiled fresh sanctions against nine individuals and 26 entities linked to Prince Group
Authorities in Europe have disrupted AudiA6, a cryptocurrency laundering service used by ransomware gangs and cybercriminal networks
The U.S. Department of Justice (DoJ) this week announced the seizure of $61 million worth of Tether that were allegedly associated with bogus cryptocurrency schemes known as pig butchering
Ilya Lichtenstein, who was sentenced to prison last year for money laundering charges in connection with his role in the massive hack of cryptocurrency exchange Bitfinex in 2016, said he has been released early
Hackers have been busy again this week. From fake voice calls and AI-powered malware to huge money-laundering busts and new scams, there’s a lot happening in the cyber world
The U.S. Treasury Department on Tuesday imposed sanctions against eight individuals and two entities within North Korea's global financial network for laundering money for various illicit schemes, including cybercrime and information technology (IT) worker fraud
Nine people have been arrested in connection with a coordinated law enforcement operation that targeted a cryptocurrency money laundering network that defrauded victims of €600 million (~$688 million)
A Chinese-language, Telegram-based marketplace called Xinbi Guarantee has facilitated no less than $8.4 billion in transactions since 2022, making it the second major black market to be exposed after HuiOne Guarantee
Moldovan law enforcement authorities have arrested a 45-year-old foreign man suspected of involvement in a series of ransomware attacks targeting Dutch companies in 2021
Germany's Federal Criminal Police Office (aka Bundeskriminalamt or BKA) has seized the online infrastructure and shutdown linked to the eXch cryptocurrency exchange over allegations of money laundering and operating a criminal trading platform
The U.S. Treasury Department has announced that it's removing sanctions against Tornado Cash, a cryptocurrency mixer service that has been accused of aiding the North Korea-linked Lazarus Group to launder their ill-gotten proceeds
The U.S. Department of Justice (DoJ) on Friday indicted three Russian nationals for their alleged involvement in operating the cryptocurrency mixing services Blender.io and Sinbad.io
The U.S. Department of Justice (DoJ) has indicted 14 nationals belonging to the Democratic People's Republic of Korea (DPRK or North Korea) for their alleged involvement in a long-running conspiracy to violate sanctions and commit wire fraud, money laundering, and identity theft by illegally seeking employment in U.S. companies and non-profit organizations
The U.K. National Crime Agency (NCA) on Wednesday announced that it led an international investigation to disrupt Russian money laundering networks that were found to facilitate serious and organized crime across the U.K., the Middle East, Russia, and South America
Ilya Lichtenstein, who pleaded guilty to the 2016 hack of cryptocurrency stock exchange Bitfinex, has been sentenced to five years in prison, the U.S. Department of Justice (DoJ) announced Thursday
The 36-year-old founder of the Bitcoin Fog cryptocurrency mixer has been sentenced to 12 years and six months in prison for facilitating money laundering activities between 2011 and 2021
Four members of the now-defunct REvil ransomware operation have been sentenced to several years in prison in Russia, marking one of the rare instances where cybercriminals from the country have been convicted of hacking and money laundering charges
The U.S. government on Thursday sanctioned two cryptocurrency exchanges and unsealed an indictment against a Russian national for his alleged involvement in the operation of several money laundering services that were offered to cybercriminals
The U.S. Department of Justice (DoJ) on Wednesday announced the seizure of 32 internet domains used by a pro-Russian propaganda operation called Doppelganger as part of a sweeping set of actions
A 33-year-old Latvian national living in Moscow, Russia, has been charged in the U.S. for allegedly stealing data, extorting victims, and laundering ransom payments since August 2021