Overview: Payment Channels and Operational Context Option888, a binary options trading platform with a checkered history in various jurisdictions, has…
Browsing: MONEY LAUNDERING
Role of PSPs in Broker Fraud Ecosystems Fraudulent online trading platforms would not have been able to flourish without the…
U.S. Federal Charges Target Illicit Crypto-Linked Financial Activities The U.S. Attorney for the Southern District of New York, in collaboration…
Legal Actions Initiated Across the Balkans Recent reports indicate that legal representatives based in Tel Aviv (Israel) and Belgrade (Serbia)…
Major Blow to European Cybercrime Networks In a coordinated effort involving Germany, Austria, and Bulgaria, authorities have dismantled what is…
Tradeinvest90 – Another Unlicensed Broker The website www.tradeinvest90.com has been flagged as an unlicensed broker targeting retail traders across Europe.…
Introduction: The Facade of Cybercrime Cybercriminals often employ deceptive tactics to maintain a veneer of legitimacy. This includes generating fabricated…
Background: Unclear Share Transaction Filing In December 2018, a regulatory filing related to a Veltyco Group PLC shareholder transaction raised…
Introduction The collaboration between illicit broker operations and regulated payment service providers (PSPs) has facilitated extensive financial fraud. Notably, German…
Overview Xtrabit s.r.o., a Czech-based payment service provider (PSP), has been implicated in facilitating financial transactions for fraudulent online broker…