Court Dismisses Lawsuit to Hold Binance, Zhao Liable for Terror Attacks
A U.S. federal judge has dismissed a civil lawsuit that sought to hold Binance and its founder, Changpeng Zhao, liable for transactions allegedly linked to terrorist groups behind 64 attacks worldwide.
China to Introduce Law Targeting Cross-Border Corruption
China said Monday it plans to enact a new law this year aimed at combating cross-border corruption, marking another stage in Beijing’s long-running anti-graft campaign.
FinCEN Hits Canaccord Genuity with $80-Million Penalty
FinCEN said on Friday it had assessed an $80-million civil penalty against Canaccord Genuity LLC over AML failures tied to suspicious trading in OTC securities.
Pill-Popping and Pimping: Why Epstein & Friends Were the Subject of 40 SARs
The DEA opened a secret investigation into Jeffrey Epstein in 2015 on suspicions of money laundering, drug trafficking, and running a prostitution ring that procured Eastern European women for high-profile clients.
U.S. Treasury Eases Restrictions on Russian Oil Sales as Crude Costs Rise
The United States is temporarily easing sanctions on Russian oil sales to India with a 30-day waiver aimed at preventing supply shortages and cushioning a sharp rise in crude prices after U.S. and Israeli attacks on Iran.
IRS Criminal Referrals of Wealthy Tax Cheats Fell Sharply in FY2025
Referrals by the Internal Revenue Service for possible criminal tax violations by large corporations and ultra-wealthy individuals plummeted follwing President Donald Trump’s return to office, with the agency’s division responsible for auditing big businesses and billionaires sending at most two cases to criminal investigators in fiscal year 2025.
Future of U.S. Crypto Bill in Doubt as Calendar Becomes ‘Enemy’
Efforts to pass proposed landmark legislation for the U.S. crypto market have stalled to the point that some question whether the measure could still get passed this year, even with White House support.
Ex-Star CEO Faces Millions in Fines for AML Lapses
Star Entertainment’s ex-chief executive Matthias Bekier and former in-house lawyer Paula Martin breached their directors’ duties during the casino operator’s “Chinese money-laundering era”, the Australian Federal Court found.
U.S. Threatens Venezuela’s New Leader with Criminal Charges
The Trump administration is drafting a criminal indictment to potentially accuse Venezuelan interim President Delcy Rodriguez of corruption and money laundering.
When a U.S. Anti-Bribery Law Is a Statecraft Weapon, Not a Domestic Deterrent
Washington is increasingly turning U.S. anti-corruption enforcement into an instrument of economic statecraft—a shift that threatens to undercut decades of American efforts to fight illicit activity abroad.