You Searched For "illicit trade" and got 16 results
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6 mins read
America's trade war is coming for Gen Z's favorites
Gen Z could see higher prices on Shein and Temu goods due to a Biden administration proposal.
Jacob Zinkula
1 min read
Russian gold floods into Hong Kong after UAE cracks down on illicit activity
Russian gold shipments to Hong Kong have soared to 68 tons so far this year, four times the amount …
Aruni Soni
3 mins read
India’s illicit market has resulted in loss of 3 million jobs: FICCI
India’s illicit market has resulted in loss of 3 million jobs: FICCI
2 mins read
New York shuts down 2 crypto firms for unlawful activities and investigates 3 others
New York State Attorney General Letitia James has been ramping up a crackdown on virtual currencies.
Isabelle Lee
1 min read
China has banned brokers from opening overseas trading accounts for local investors
As the economy struggles, Beijing has also launched its first purchasing program targeting shares i…
Phil Rosen
2 mins read
Money laundering through NFTs a growing sector: Chainalysis report
According to a report by Blockchain data platform Chainalysis, they found a small but growing po…
1 min read
Crypto is funding businesses in China that fuel the fentanyl trade, Senator Elizabeth Warren says
Crypto could be used for payment in $540 billion worth of fentanyl supply from China, according to …
Jennifer Sor
1 min read
SEC charges 16 people for raking in $194 million in illicit proceeds from international penny-stock fraud scheme
Stocks in the "pump and dump" scheme were promoted to unsuspecting investors in the US and elsewher…
Carla Mozée
4 mins read
What is wash trading, the fraudulent practice that some experts say accounts for 70% of transactions on crypto exchanges?
Wash trading can artificially boost prices, give the illusion of liquidity, and generate interest f…
Jennifer Sor
2 mins read
Russian ships are ditching their flags and registering in the Marshall Islands and St. Kitts, a tactic that could be used to evade sanctions
Several ships ditched their Russian flags this March, a move that could conceal commercial vessels'…
Hannah Towey
1 min read
Billionaire Mark Cuban warns the next crypto implosion could come from 'wash trades,' report says
"There are supposedly tens of millions of dollars in trades and liquidity for tokens that have very…
Brian Evans
1 min read
A former quant was charged in an $8.5 million insider trading scheme that included making more than 3,000 fraudulent trades from his wife's brokerage account
The SEC discovered the scheme by using data analysis tools to detect suspicious patterns in trading…
Matthew Fox
1 min read
The SEC charged 6 people operating a Silicon Valley insider trading ring that made nearly $2 million
"Insider trading is part of my investment strategy," one defendant boasted on an internet message b…
Ethan Wu
1 min read
US Treasury alerts crypto companies to their growing role in preventing ransomware payments and sanctioning evaders
"Treasury is helping to stop ransomware attacks... but we need partners in the private sector to he…
Matthew Fox
2 mins read
The SEC has charged a Florida man and his friend in illegal meme-stock trading scheme
The SEC said in choosing products to trade, the two men charged chose out-of-the-money put options …
Carla Mozée
3 mins read
Stolen checks, fraudulent activity: three major trade association PACs fell victim to theft in what's become a political epidemic
The PACs of the National Association of Manufacturers, National Association of Home Builders, and C…