Topic
aml
2 stories
ZachXBT says he paid $350K into a North Korea-linked laundering ring to trace it from the inside
On-chain investigator ZachXBT says he sent $349,700 of his own money to a Chinese syndicate laundering for North Korea, posing as a client to trace Bybit hack proceeds and trigger freezes.
CFTC fines UBS's brokerage arm $8M over FX wire monitoring gaps, including a fix that broke
The CFTC fined UBS Financial Services $8 million over four and a half years of gaps in monitoring foreign-currency wires, including a 2021 system replacement the firm then misconfigured.