JPMorgan Chase is facing a class-action lawsuit claiming it enabled a $328 million crypto Ponzi scheme by Goliath Ventures, which affected over 2,000 investors. The complaint alleges the bank ignored warning signs while processing deposits, transfers, and payments that funded the fraudulent operation.

A U.S. court dismissed a terrorism lawsuit against Binance and its founder Changpeng Zhao, ruling that the plaintiffs failed to show the exchange directly helped specific terror attacks. The judge said Binance may have been generally aware of suspicious transactions, but awareness alone is not enough under the law.

Internal investigators at Binance found that billions of dollars may have flowed through the exchange to Iran-linked entities, including groups tied to the Houthis, but several staff involved in the probe were later suspended or dismissed.

Human trafficking operations using cryptocurrency surged 85% in 2025, reaching hundreds of millions of dollars, with stablecoins like Tether and USDC widely used for large international payments. Traffickers use platforms like Telegram and scam compounds to coordinate forced labour and online scams, while blockchain transparency is helping authorities track and disrupt these networks.

A US court fined Paxful US$4 million after finding the crypto exchange helped criminals move money and allowed illegal prostitution and other crimes to run through its platform for years. Regulators said the company ignored basic anti-money laundering rules and failed to report suspicious activity.

A Chinese-language crypto guarantee service known as Xinbi has reportedly processed $17.9 billion in blockchain transaction volume despite major enforcement efforts and platform bans, according to a new investigation by TRM Labs.

Italian authorities raided the offices of third-tier football club Triestina Calcio and the homes of 15 people over suspected money laundering and false accounting. Investigators are checking how the club managed 10 million euros in public funding and 40 million euros from international bank transfers, while debts now total around 60 million euros.

South Korean authorities have broken up an international crypto ring that laundered around 150 billion won ($101.7 million) through domestic and overseas accounts. Three Chinese nationals are facing prosecution for using the funds under the guise of legitimate payments like cosmetic surgery and study fees.

Over $35 million in cryptocurrency stolen from LastPass users since 2022 has been traced to Russian cybercriminals using weak master passwords and laundering funds through mixers and Russian exchanges. TRM Labs found the thefts continued for years, showing that even encrypted vaults can be compromised if security practices are weak.

A South Korean man who laundered money for a voice phishing gang using cryptocurrency has been sentenced to four years in prison after an appeal cancelled his suspended sentence. The court said he was a middle manager in the scam and previous offences meant a harsher punishment was needed.