Telegram Hosts a Sanctioned Marketplace Tied to Child Sex Trafficking, Forced Labor
Telegram is still hosting Xinbi Guarantee, a Chinese-language black market that British officials have levied sanctions on and accused of facilitating crypto scams and human trafficking.
Defendant’s Chatbot Conversation Can Be Used in Fraud Case, Court Rules
U.S. lawyers are increasingly warning clients not to treat artificial-intelligence chatbots as confidential sounding boards after a federal judge in New York ruled that a former financial-services executive could not withhold chatbot-generated materials from prosecutors in a securities-fraud case.
Fake Apple App Scams Nearly $10mn from Crypto Users in a Matter of Days
A fake version of Ledger Live distributed through Apple’s App Store drained at least $9.5 million in cryptocurrency from more than 50 victims across multiple blockchains in a phishing campaign that ran from April 7 to April 13.
Britain’s Financial Regulators Are Scrambling to Assess Mythos Risks
UK financial regulators are urgently assessing the risks posed by Anthropic’s latest AI model after concerns that its ability to uncover software vulnerabilities could expose major financial institutions to new cybersecurity threats.
Bessent and Powell Warn Banks on New AI Tool’s ‘Zero-Day’ Risks
U.S. Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell summoned Wall Street executives this week to warn that a new artificial intelligence model from Anthropic could mark the start of a more dangerous phase in cybersecurity.
Dutch Police Crack Down on Users of Document-Forgery Platform
Dutch police have arrested eight men on suspicion of identity fraud, forgery, and cybercrime in a nationwide operation targeting users of VerifTools, a fake-ID platform that investigators say generated forged documents for criminals around the world.
HSBC and Standard Chartered Get Their Hong Kong Stablecoin Licenses
Hong Kong has granted its first licenses for fiat-backed stablecoins to HSBC and a Standard Chartered-led joint venture, marking a significant step in the city’s effort to build a regulated market for virtual currencies used in finance and trade.
British and American Officials Warn of State-Backed Cyber Attacks
UK and U.S. officials are warning of rising cyber risks driven by Russia- and Iran-linked hacker groups, according to new reports by the Financial Times and Bloomberg.
Binance’s Compliance Team Loses Investigators Amid Growing Scrutiny
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.
Internet-Crime Losses Grew by 26 Percent in 2025, FBI Says
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.