Binance moved $346m for seized crypto exchange Bitzlato: Report | Crypto News
Crypto giant Binance processed almost $346m in Bitcoin for the Bitzlato digital currency exchange, whose founder was arrested by United
Read more
Money Laundering
Nigeria’s GT Bank fined in UK over money-laundering failures | Banks News
Financial watchdog says GT Bank, a repeat offender, has not disputed the findings and agreed to settle. Britain’s financial watchdog
Read more
Nigeria to limit cash withdrawals to $225 a week | Money Laundering News
Authorities have been trying to curb counterfeiting and discourage the payment of ransoms to kidnappers who demand cash. Nigeria’s central
Read more
Nigeria launches new banknotes to help curb corruption | Business and Economy News
Regulators have said January 31 is the deadline for old notes to either be used or deposited at banks. Nigeria
Read more
US announces sanctions against currency mixer Tornado Cash | Money Laundering News
The US accuses the virtual currency mixer of laundering hundreds of millions of dollars stolen by hackers backed by North
Read more
South Africa applies for Guptas’ extradition over ‘state capture’ | Corruption News
The Gupta brothers fled to Dubai in 2018 as investigations intensified into their role in siphoning off state assets under
Read more
SA’s Ramaphosa to face subpoena over Phala Phala farm scandal | Money Laundering News
In June, the watchdog opened a probe into breaches of executive code arising from $4m theft from the president’s farm.
Read more
Slain Honduran activist’s daughter seeks criminal probe | Business and Economy News
A petition for a criminal probe against the Dutch state-run development bank FMO has been filed in the Netherlands for
Read more
Opposition heckle S Africa’s Ramaphosa in parliament for 2nd day | Money Laundering News
Opposition legislators are demanding that Ramaphosa step down as president pending investigations into the Phala Phala scandal. South African President
Read more
What is South Africa’s Phala Phala farm robbery scandal about? | Corruption News
President Ramaphosa is at the centre of an international scandal involving the theft of $4m from his game farm. On
Read more