Money laundering is an illegal process that makes large amounts of money generated from criminal activities, such as drug trafficking or terrorism financing, appear to be legitimate proceeds. Money from criminal activity is considered dirty, and this proc

How many investment scams start with "love" and end with "margin". When love scams progress to "investment", "margin" is the most common tactic at the end of an investment scam, making people fall deeper and deeper into the trap, eventually losing

The Australian Securities and Investments Commission (ASIC) announced today that it has revoked the Australian Financial Services (AFS) license held by Crown Wealth Group Pty Ltd (Crown Wealth). The company has entered voluntary administration.

The Monetary Authority of Singapore (MAS) today launched COSMIC, a money laundering and terrorism financing information sharing platform, the first centralized digital platform designed to facilitate the sharing of customer information among financial ins

Recently, the New Zealand Financial Market Regulatory Authority (FMA) issued a warning against cloned entities and activities pretending to be BTCSWE. According to information provided by the FMA, BTCSWE is a legally operating cryptocurrency exchange in N

The Cyprus Securities and Exchange Commission (CySEC) has outlined its regulatory priorities for 2024, with plans to strengthen regulation of companies engaged in cross-border activities to reduce the risk of complex financial products such as contracts f