BitPay is said to have enabled individuals in sanctioned jurisdictions to engage in $129,000 worth of digital currency-related transactions with its merchant customers.
February 21, 2021Investors from black-listed or grey-listed FATF jurisdictions will not be allowed to acquire ‘significant influence’ in NBFCs, the RBI said.
February 15, 2021North Korea is tightening controls over its economy and the use of foreign currency, amid a near 20% appreciation of the won over the US dollar in recent months.
December 1, 2020Two North Koreans and one Malaysian allegedly used front companies to deceive US banks into processing transactions for North Korean customers.
September 16, 2020Bangladesh banks in facing renewed cyber threats last month, but their regulator, Bangladesh Bank, says the situation is under control.
September 15, 2020The two crypto exchange hacks detailed in the complaint are linked to the same group of Chinese actors who laundered over $250mn in stolen cryptocurrency for North Korea in 2018.
September 1, 2020The hacking team uses various techniques to gain access to banks' SWIFT terminals to enable wire fraud or their payment switch application servers to enable ATM cash-outs.
August 30, 2020The secretary pleaded guilty to three charges under the United Nations Act involving the shipment of luxury items to North Korea for her employer.
July 23, 2020The two are accused of falsifying invoices to conceal from UOB and OCBC the sale of sugar to North Korea entities. One of the individuals is also on the FBI's most-wanted list.
June 22, 2020Bangladesh Bank has filed a new civil suit against RCBC and other Philippine entities in New York State Court over the 2016 bank heist, after its Federal Court case was dismissed in March.
June 3, 2020