Key Highlights Blockchain intelligence tracked bi-weekly stablecoin salaries paid to a North Korean IT worker, which were laundered through sanctioned entities, an operative named Boykov, and the Russian exchange Garantex. U.S. sanctions targeted intermediaries including Roman Obertas, who converted nearly $2 million in cryptocurrency to fiat for North Korean officials, alongside managers Kim Ki Hyok, ...
Key Highlights: The U.S. Treasury Department’s OFAC sanctioned Russian nationals Ilya Aleksandrovich Boykov and Vitold Viktorovich Obertas for laundering millions in cryptocurrency for North Korean IT worker networks. Boykov processed $3.5 million for the previously sanctioned entity Alis, while Obertas converted nearly $2 million in digital assets and $1.25 million in other currencies. North Korean ...
Key Highlights: Law enforcement operations and investigative reports highlight an expanding intersection between illicit gold trafficking, cross-border smuggling from China via Nepal, and digital assets like Tether ($USDT). Victims of related cross-border fraudulent schemes are frequently targeted using elaborate “pig-butchering” tactics that combine deceptive romance with long-term trust-building. The FBI’s 2025 Internet Crime Report recorded ...
Key Highlights Vietnamese national Trung Nguyen Van, 37, charged with two counts of money laundering in the Western District of Missouri for allegedly moving $53.3 million linked to cryptocurrency “pig butchering” fraud schemes targeting U.S. victims. One victim allegedly transferred approximately $16 million in cryptocurrency during summer 2024 to a fake investment platform called “Triangle” ...
Key Highlights Seven suspects arrested in coordinated UAE-Sweden operation targeting an international money laundering network that moved approximately 70 million Swedish krona ($7.1 million) over ten months using cryptocurrency. The alleged Swedish leader, wanted on an Interpol Red Notice, was detained in the UAE while six associates were simultaneously apprehended in Sweden following extensive intelligence ...
The U.S. Embassy in Australia and the Federal Bureau of Investigation (FBI) have announced the completion of a joint operation with the Australian Federal Police…
INTERPOL has reported 58 arrests, 263 identified suspects and $2.67 million in seized assets following a 22-country operation targeting cryptocurrency investment scams, romance fraud and…