$15m crypto laundering operation busted in Hong Kong

$15m crypto laundering operation busted in Hong Kong

Hong Kong authorities have successfully busted a cross-border crypto laundering network that allegedly processed approximately HK$118 million (US$15 million) in illicit funds. The enforcement action resulted in a dozen arrests as officials intensified their campaign against individuals who monetized their personal banking credentials. Law enforcement conducted a series of coordinated raids on Thursday led by … Read more

Crypto whale loses over $15m on TRUMP trades as bad bets stack up

Crypto whale loses over $15m on TRUMP trades as bad bets stack up

Data from analysts shows even big crypto whales have their off days, with one losing over $15.5 million on a bad run with the TRUMP memecoin. Crypto whales trading the TRUMP (TRUMP) memecoin have been hit hard lately, with some losing millions despite earlier gains, according to data from Lookonchain. In an X post on … Read more