Binance Financial Crime Compliance (FCC) teamed up with the Investigation Bureau of the Ministry of Justice of Taiwan and the Taipei District Prosecutors Office to crack down on a large-scale money laundering case and cracked a virtual asset fraud case worth NT$200 million (US$6.2 million). As revealed in the official statement, this operation facilitated criminals to launder illegal proceeds through cryptocurrency transactions. The scammers used forged remittance documents, forged identity information, and tampered with customer communication records to evade detection by law enforcement. (Cointelegraph)
Miyuki