By
Aly McDevitt2025-10-17T16:12:00
“Pig butchering” is every bit as brutal as it sounds. In the world of cryptocurrency investment fraud, the term refers to a slow, methodical scheme built on deception. Scammers carefully cultivate trust with their victims, often through fake romantic relationships, before convincing them to invest in fraudulent cryptocurrency projects, according to the U.S. Secret Service. Once the funds are deposited, the scammers vanish.
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2025-12-11T21:14:00Z By Oscar Gonzalez
Paxful, a crypto peer-to-peer network, will plead guilty to multiple federal criminal charges related to violations of the Bank Secrecy Act (BSA), among others. The plea agreement follows years of scrutiny from regulators over anit-money laundering (AML) compliance failures.
2025-09-29T20:44:00Z By Rezaul Karim, CW guest contributor
Cryptocurrency’s transparency can be exploited for laundering, ransomware, and darknet activity. Blockchain analytics helps trace funds and flag suspicious behavior.
2025-09-11T20:53:00Z By Neil Hodge
Europe’s banking regulator warns that weak compliance at fintech, regtech, and crypto firms may let money laundering and terrorist financing risks slip through. The EBA also found EU regulators’ approaches are often inconsistent and unclear.
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