Enforcement

Police seized over AUD 150 million in assets including crypto, and charged nine individuals including a NAB banker with money laundering.

The Singapore Police Force and the Institute of Singapore Chartered Accountants will cooperate to advance the development of financial forensics in Singapore.

The beneficial ownership of ten offshore trusts owned by Russian oligarch Roman Abramovich was changed shortly before he was sanctioned in the EU and UK.

The shipping agent was detained on charges relating to illegal shipments of diesel to North Korea conducted between October 2021 and January 2022.

The sanctions come two years after the February 2021 military coup. Myanmar's air force is among the targets for its civilian bombing campaign.

Celsius, now in bankruptcy, used customer funds to prop up the price of its own token for years, including to allow insiders to cash out.

Gemini emphasised connections to the FDIC when customers asked if their assets were safe. Almost $1bn in customer assets have since been frozen on the platform.

Out of 143 customers who were subject to periodic reviews between June 2016 and May 2017, there were delays in 121 customers - of which 58 were of high risk.

The DOJ asked for a communications ban against Bankman-Fried as an additional bail condition. Last week, a 116-page list of the FTX's creditors was filed to the bankruptcy court.

Failure to prevent fraud, false accounting, and money laundering will become new corporate criminal offences in the UK.