Covered Institutions

Cambodia’s parliament on Friday passed the country’s first law specifically aimed at combating online scam centers, setting prison terms and fines for fraud, money laundering, data theft, and recruitment tied to the illicit industry as scrutiny intensifies over the country’s role in global cyber scams.

Soaring chocolate prices and strong Easter demand are helping drive a rise in shop theft across Britain, with organized crime gangs increasingly targeting confectionery because it is portable, easy to resell, and difficult to trace.

Brazil’s biggest-ever bank fraud case has left the country’s banking system facing a 52 billion-real ($9.9 billion) bill after Banco Master used funds, asset sales, and other maneuvers to hide major balance-sheet problems from investors and regulators.

Sen. Richard Blumenthal, the top Democrat on the Senate Permanent Subcommittee on Investigations, said he has pressed Binance for records over concerns the cryptocurrency exchange may have given Congress misleading information about reported money laundering and terrorist financing tied to Iran. 

Ten years after the Panama Papers exposed the offshore financial system exploited by tax cheats and criminals around the world, prosecutions and transparency reforms tied to the landmark investigation are still unfolding.

German authorities have uncovered an alleged €300-million payments fraud that has drawn in former staff and executives at several payment companies, deepening the sector’s long-running crisis years after the collapse of Wirecard.

A U.S. judge on Thursday granted preliminary approval to Bank of America’s $72.5 million settlement with women who accused the bank of facilitating Jeffrey Epstein’s sexual abuse.

Coinbase Global said it has received conditional approval from U.S. banking regulators for a national trust company charter, a move that could broaden the crypto exchange’s role in digital-asset custody and open the door to new business lines.

The Trump administration on Wednesday lifted sanctions on Venezuela’s interim president, Delcy Rodríguez, removing a key barrier that had prevented Americans from doing business with her and potentially clearing the way for fresh U.S. investment in the country. 

Drift Protocol, the largest decentralized perpetual futures exchange on the Solana blockchain, was exploited for about $286 million in a hack that blockchain analytics firm Elliptic said bore multiple indicators of a possible North Korean link.