DOJ

A Mexican national pleaded guilty to participating in a two-year, multimillion-dollar black-market peso exchange conspiracy that laundered drug trafficking proceeds through Texas to Mexico, the U.S. Justice Department said on Wednesday. 

Jeffrey Epstein received $25 million in late 2015 for consulting work tied to a U.S. Justice Department tax-evasion settlement with Swiss private bank Edmond de Rothschild Group.

Trump’s crackdown on “debanking” is colliding with a core compliance problem for U.S. banks: the very policies his administration wants to curb have long given lenders a way to cut off customers they suspect of wrongdoing without violating federal secrecy rules.

Several senior Binance compliance officials overseeing sanctions, investigations, and financial-crime monitoring have left the company in recent months as the crypto exchange faces renewed scrutiny over alleged sanctions evasion and illicit-finance risks.

Americans reported more than 1-million internet-crime complaints to the FBI in 2025, with disclosed losses rising to a record $20.877 billion, up 26 percent from the prior year, according to the bureau’s annual IC3 report published Monday. 

U.S. authorities have charged an alleged hacker in connection with a 2021 exploit of decentralized exchange Uranium Finance that drained about $53 million in crypto and helped force the platform to shut down.

UBS AG processed an $8-million transfer for Ghislaine Maxwell in late 2019 that ultimately helped fund the cash purchase of the New Hampshire estate where she later went into hiding before her 2020 arrest.

Binance failed for months to cut ties with a payment-processing vendor despite a series of red flags that pointed to possible sanctions evasion and money laundering involving transfers later linked to Iran.

U.S. Treasury Secretary Scott Bessent has discussed ways to tighten the Treasury’s oversight of the Federal Reserve by borrowing elements from the Bank of England model, in a move that could significantly reshape the central bank’s relationship with the government.

Two Chinese pharmaceutical firms and six Chinese nationals are facing charges after prosecutors said they were part of a drug-trafficking network that provided material support to the Cártel del Golfo (CDG), a Mexican criminal syndicate that was designated as a foreign terrorist organization.