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Yahoo: South Korea arrests four suspects over alleged crypto financing of a Syrian terrorist group, involving 4,267 USDT and $121,000 in vehicles and equipment shipped to Syria

by Jyotsna Bucktowar | Sep 1, 2026

The alleged ringleader transferred 4,267 USDT to KTJ and later received crypto from the group to purchase 11 used cars and two excavators. The vehicles and equipment, worth around $121,000, were then shipped to Syria, in what police describe as South Korea’s first...

UK Insolvency Service and FCA warn of Key Coin Assets Ltd, after 9 investors lost over £300,000 in an alleged Ponzi-style crypto scheme promising returns of up to 100% with “0 Fees, 0 Risks”

by AdrianaAMLP | Aug 18, 2026

Key Coin Assets promised investors returns of between 40% and 100%, but an Insolvency Service investigation found no evidence that genuine crypto trading had taken place and nine complainants had paid more than £300,000 into the company. Investigators found that...

AUSTRAC suspends Cryptolink’s VASP registration for 3 months, shutting down 96 crypto ATMs over failures to meet AML/CTF reporting and information requirements

by AdrianaAMLP | Aug 10, 2026

AUSTRAC suspended Cryptolink’s virtual-asset service-provider registration for three months after concluding that the company remained too high risk to continue operating its crypto-ATM network. The regulator says Cryptolink failed to meet basic threshold-transaction...

U.S. Treasury sanctions Iran-linked crypto exchanges Shelbit and Aban Tether over alleged billion-dollar money laundering and IRGC financing

by AdrianaAMLP | Aug 7, 2026

The measures target cryptocurrency businesses and associated actors alleged to have facilitated the movement of funds linked to Iran and the Islamic Revolutionary Guard Corps. The action combines counter-terrorism and Iran-related sanctions measures and highlights the...

FCA issues Handbook Notice 143, bringing the UK’s new cryptoasset regulatory framework into effect and raising governance, reporting and compliance expectations for virtual asset firms

by Jyotsna Bucktowar | Aug 4, 2026

The changes introduce a more comprehensive regulatory approach for cryptoasset activities, bringing enhanced accountability, transparency and oversight across the sector. For financial crime professionals, this marks a significant step towards strengthening controls...
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