Money Laundering

International investigators say Binance’s revised process for many foreign law enforcement requests is slowing efforts to trace scammers, combat money laundering and freeze stolen crypto. The exchange says it has not reduced cooperation and describes the policy as a stronger control framework aligned with regulated institutions.

Former Goliath Ventures CEO Christopher Alexander Delgado has pleaded guilty to fraud and money laundering tied to a $400 million crypto Ponzi scheme. He admitted the scam caused at least $250 million in losses and agreed to forfeit luxury assets ahead of October 8 sentencing.