Fraud, Scams & Cybercrime

Anti-Money Laundering

Thailand Cracks Down on Chinese Bitcoin Mining Tied to THB 5bn Flows

By Mark Johnston | 09/12/2025

Thailand's “Operation Copperhead” has exposed a transnational Bitcoin mining ring, triggering focus on money laundering and digital asset crime.

Anti-Money Laundering

Thai Regulators Unite to Combat Illicit Funds, Tighten Gold and Crypto Rules

By Manesh Samtani | 08/12/2025

A coordinated crackdown will impose new reporting on gold traders, stricter KYC/CDD, and amend FX rules to curb illicit financial flows.

Fraud, Scams & Cybercrime

Malaysia Cracks Down on Power Theft by Illegal Bitcoin Miners

By Nithya Subramanian | 08/12/2025

Authorities have launched a nationwide sweep on rogue crypto-mining sites after illegal operators siphoned over USD 1 billion in electricity.

Anti-Money Laundering

Singapore: Man Charged Over Unlicensed Cross-Border Transfers

By Nithya Subramanian | 08/12/2025

A 33-year-old former company director faces charges for allegedly using Wise and crypto platforms to scam proceeds without a valid payment services licence.

Fraud, Scams & Cybercrime

US Authorities Seize Domain Tied to Myanmar Scam Compound

By Mark Johnston | 07/12/2025

The action targets the Tai Chang operation and follows recent sanctions against groups linked to Chinese organised crime and crypto fraud.

Fraud, Scams & Cybercrime

Korea Prepares New Legislation Targeting Surge in Voice Phishing Scams

By Manesh Samtani | 07/12/2025

Authorities will mandate new compensation rules and data sharing obligations for financial firms after voice phishing scam losses hit a record high.

Fraud, Scams & Cybercrime

Taiwan Suspends Xiaohongshu for One Year Over Cyber, Fraud Risks

By Mark Johnston | 05/12/2025

Taiwan authorities are blocking the Chinese social media platform after it failed security assessments and was linked to TWD 247 million in scam losses.

Fraud, Scams & Cybercrime

Japan Regulators Alert Firms to Rise in Corporate Vishing Attacks

By Sanday Chongo Kabange | 05/12/2025

The alert details the methods used by fraudsters and provides specific recommendations for companies to prevent fraudulent fund transfers.

Credit Risk

HK Regulator, Banks Roll Out Additional Support for Tai Po Fire Victims

By Sanday Chongo Kabange | 05/12/2025

Measures include emergency loans and a six-month mortgage moratorium on approximately 300 loans worth a total of HKD 540 million.