Taiwan and Other Regions 6/9

Sep 30, 20242 min read

South Korea Reminds Crypto Scammers of Possible Life Sentence If Illicit Gains Exceed $4 Million

The draconian measures come after Terraform Labs founder Do Kwon caused damages worth $40 billion following the sudden demise of TerraUSD...

Sep 30, 20242 min read

Binance founder ‘CZ’ leaves prison on Friday—along with his $60 billion fortune

On Friday, Binance Founder, Changpeng Zhao (CZ) will leave prison as a free man for the first time in months along with his $60 billion...

Sep 23, 20242 min read

SEC expands Binance lawsuit: AXS, FIL, ATOM now securities

The United States Securities and Exchange Commission has expanded its lawsuit against crypto exchange Binance to broaden the scope of its...

Sep 16, 20243 min read

ICAC Three-Runway System Project’s sub-contracts bribery cases: Ex-AAHK Principal Manager admits $3.3m bribery and money-laundering

Following enforcement actions earlier taken by the ICAC in Operation “Blizzard”, a number of persons were arrested and charged in...

Sep 16, 20242 min read

Hong Kong man arrested for fraud of considerably huge amount and money laundering

On 7th September 2024, the Judiciary Police received a complaint from the mainland female victim, who alleged that after conducting money...

Sep 16, 20243 min read

Six To Be Charged For Providing Payment Services Without Licence Under The Payment Services Act 2019

The Police have investigated into several cases of individuals conducting unlicensed cross-border money transfer services in...

Sep 16, 20242 min read

New bill introduced in Parliament to clarify crypto’s legal status

The Property (Digital Assets etc) Bill, introduced in Parliament today, will mean that for the first time in British history, digital...

Sep 16, 20243 min read

Wynn Resorts Paying $130M for Letting Illegal Money Reach Gamblers at Its Las Vegas Strip Casino

Casino company Wynn Resorts Ltd. has agreed to pay $130 million to federal authorities and admit that it let unlicensed money transfer...

Sep 9, 20242 min read

SEC Charges Crypto-Focused Advisory Firm Galois Capital for Custody Failures

The Securities and Exchange Commission today announced settled charges against Florida-based Galois Capital Management LLC, a former...

Sep 9, 20242 min read

Philippines' Deported Ex-Mayor Alice Guo Arrives Home From Indonesia

Former Philippines mayor Alice Guo, accused of ties to Chinese criminal syndicates and laundering more than 100 million pesos ($1.79...