ChainCatcher news, according to on-chain data analyst @ai_9684xtpa's monitoring, "the Smart Money address that previously profited over 17.3 million dollars on TRUMP / MELANIA / LIBRA" spent 2500 SOL (approximately 377,000 dollars) to build a position in BOOP at a cost as low as 0.07115 dollars; it has now made a profit of 600,000 dollars (with multiple partial exits), achieving a return of 159%.

ChainCatcher news, according to monitoring by @ai_9684xtpa, the KMNO token has increased by 10% in the past 24 hours. Previously, savvy investors purchased 47.23 million KMNO tokens at an average price of $0.06737, now realizing a floating profit of $275,000. The investor has not yet made any transfers or sales.

ChainCatcher news, according to Cryptonews, the Russian anti-money laundering agency, the Federal Financial Monitoring Service, plans to push for criminal liability for illegal cryptocurrency mining activities, accusing them of facilitating money laundering. The agency's deputy director, German Neglyad, revealed that they have collaborated with the Ministry of Finance and the Central Bank to draft relevant legislation, which has received support from policy-making bodies such as the State Duma.Nikolai Zhuravlev, vice chairman of the Federation Council, emphasized that legislation needs to "be forward-looking to eliminate loopholes in the financial system." Osman Kabaloev, deputy director of the Financial Policy Department of the Ministry of Finance, confirmed that amendments are being drafted, which will introduce administrative penalties in addition to criminal liability. This move aims to curb illegal mining activities that exploit cheap electricity and transfer funds.

ChainCatcher news, according to Bloomberg ETF analyst Henry Jim, BlackRock has applied to add a digital share class (DLT) to its $150 billion money market fund.The DLT shares will only be sold through BNY Mellon, with plans to use blockchain technology to map ownership. Henry Jim believes this move may be preparing for the future use of digital currencies/cash.

ChainCatcher news, according to The Block, the Financial Services Regulatory Authority of the Abu Dhabi Global Market (ADGM) has granted in-principle approval to the stablecoin issuer Circle, allowing it to operate as a money service provider.This move comes after Circle established a new legal entity within the ADGM in December 2024, aimed at expanding its global business presence in the Middle East and Africa.

ChainCatcher news, according to the official WeChat account of Sunwu County People's Court, the Sunwu Court is hearing a case involving fraud and money laundering through over-the-counter trading of virtual currency. The individuals involved used two wallets to transact 30,396,278.76 U coins, engaging in nearly 10,000 U coin transactions with multiple parties, involving nearly 10,000 receiving accounts, with a total transaction amount reaching 120 million yuan. The virtual currency funds they handled were used in 7 telecom network fraud cases to gain the victims' trust, transferring funds back to the victims, or directly or indirectly receiving accounts of the fraud proceeds.The Sunwu Court lawfully sentenced the individuals involved for concealing and disguising criminal proceeds, imposing corresponding penalties and fines, and confiscating all their illegal gains.

ChainCatcher message, according to Lookonchain monitoring, a savvy trader exchanged all 1.18 million Fartcoins (1.22 million USD) for 78,671 TRUMP 18 hours ago. The trader conducted 5 swing trades on Fartcoin, each profitable, with a win rate of 100%, totaling a profit of 669,000 USD.

According to ChainCatcher news reported by Decrypt, a report titled "Turning Point: The Global Impact of Southeast Asia's Scam Centers, Underground Banking, and Illegal Online Markets" released by the United Nations Office on Drugs and Crime (UNODC) points out that transnational criminal groups in Southeast Asia are rapidly expanding global money laundering and scam activities involving billions of dollars by utilizing illegal cryptocurrency mining, stablecoins, and Telegram black markets, posing a threat to global security.

ChainCatcher news, Yichun Gao'an police successfully dismantled a fraud gang that used "friendship investment" as a pretext to launder money through virtual currency. It was found that the suspect Yao used "bank transfers are easily restricted" as a reason to lure victims into investing by withdrawing cash and then exchanging it for virtual currency offline. The gang collected the fraudulent proceeds through offline exchanges of virtual currency and then transferred the scam funds to their superiors to illegally obtain rewards, with the amount involved exceeding 4 million yuan.

ChainCatcher news, according to CoinGape, Binance has begun requiring all Indian users to re-verify their identities (KYC) to comply with anti-money laundering (AML) regulations.

ChainCatcher news, according to Cointelegraph, the cryptocurrency exchange eXch announced that it will cease operations on May 1. Earlier reports indicated that the exchange was used for money laundering, involving some of the stolen funds from the $1.4 billion hack incident related to Bybit.In an announcement on April 17, eXch stated that the majority of the management team voted to adopt a "stop and retreat" strategy in response to allegations that the North Korean hacking group Lazarus Group laundered approximately $35 million through the platform—funds that originated from the $1.4 billion hack suffered by Bybit.The exchange claimed it had become a target of a "transatlantic joint law enforcement operation" aimed at shutting down its business and potentially filing criminal charges. eXch stated in its announcement: "Although we have withstood multiple attempts to shut down our infrastructure and maintained operations, we believe it is pointless to continue operating in an environment where we have become a target of signals intelligence surveillance, solely due to the hostile environment created by the misinterpretation of our mission by certain individuals." The exchange initially denied blockchain detective claims that it assisted the Lazarus Group in laundering money but acknowledged handling a "very small portion of funds" from the February hack incident.

ChainCatcher news, cryptocurrency payment solution provider Alchemy Pay officially announced that it has obtained a Money Transmitter License (MTL) issued by the Arizona Department of Insurance and Financial Institutions. As of now, Alchemy Pay holds remittance licenses in nine states in the United States. In addition to Arizona, these include Arkansas, Iowa, Minnesota, New Hampshire, New Mexico, Oklahoma, Oregon, and Wyoming.

ChainCatcher news, Binance founder Zhao Changpeng denied allegations of money laundering and fraud in response to media reports on social platforms.He clarified that the so-called "anti-money laundering" issue is different from "money laundering"; the former refers to the failure to effectively prevent, while the latter refers to actual implementation. Zhao Changpeng emphasized that all customer assets are safe and sound, and stated that he may be one of the most strictly regulated individuals in the world. This statement also addresses reports regarding his legal disputes with Sun Yuchen.

ChainCatcher news, according to The Block, Jack Dorsey's payment company Block, Inc. has reached a $40 million settlement with New York state financial regulators due to anti-money laundering violations.The consent order released by the New York State Department of Financial Services on Thursday stated that the investigation found that the fintech company, formerly known as Square, "failed to adequately consider the significant risks posed by the scale and complexity of its business" in its anti-money laundering program when providing Bitcoin services through Cash App.Regulators specifically pointed out three major vulnerabilities at Block: a lack of risk-based anti-money laundering controls, insufficient customer due diligence, and lax handling of high-risk Bitcoin transactions that led to a large number of anonymous transactions going unchecked. This is the second time this year that Block has paid a settlement due to anti-money laundering issues. In January, the company paid $80 million to financial regulators in 48 states.A Block spokesperson stated that this settlement marks the resolution of all state-level remittance license matters and emphasized that while the company did not admit to the findings of the investigation, it has invested significant resources to improve the compliance framework of Cash App. Under the agreement, Block must hire an independent monitor to implement corrective actions.

ChainCatcher news, OKX announced a collaboration with Standard Chartered Bank, Brevan Howard, and Franklin Templeton to launch a collateralized mirror program for tokenized money market funds under the VARA framework in Dubai.The program aims to enable institutional clients to use cryptocurrencies and tokenized money market funds as collateral for over-the-counter trading, with a global systemically important bank (G-SIB) serving as the collateral custodian.Franklin Templeton will be the first of a series of money market funds launched under the OKX-SCB program.

ChainCatcher news, according to Lookonchain monitoring, a certain smart money deposited 1.17 million USDC in Hyperliquid four months ago, and the current account position value has reached 8.85 million dollars, with every trade being profitable, achieving a win rate of 100%. This smart money has shorted XRP, BTC, and ETH, with an unrealized profit of 2.3 million dollars.