March 04, 2018  Iranian president Hassan Rouhani (C) alongside with his oil minister Bijan Zangeneh (R) and the governor of Iran’s Central Bank Valiollah Seif in a meeting in the CBI headquarter in Tehran, on Sunday March 04, 2018. Iran’s President Hassan Rouhani has called on Iranian banks to comply with international regulations in order…

Millions flow from Gaddafi’s ‘frozen funds’ to unknown beneficiaries

As factions face off in war-torn Libya, money slips through sanctions. By Giulia Paravicini 2/8/18  Updated 2/13/18   Illustration by Tom Jay for POLITICO   ix years after Muammar Gaddafi’s death, his regime’s frozen funds in Brussels are generating tens of millions of euros in interest for ix years after Muammar Gaddafi’s death, his regime’s…

South Korean intelligence says N. Korean hackers possibly behind Coincheck heist – sources

Reuters Staff SEOUL (Reuters) – South Korea’s intelligence agency told lawmakers North Korean hackers could have been behind the $530 million theft of virtual coins from a Japanese cryptocurrency exchange last month, people familiar with the matter told Reuters on Tuesday. The people, who had knowledge of parliament’s intelligence committee proceedings, told Reuters the National…

US Asks S. Korean Banks to Investigate Cryptocurrency Exchange Transactions

Business Korea The U.S. seems to be concerned that virtual currency can be a loophole in financial sanctions on North Korea. Seoul, Korea 29 January 2018 Yoon Yung Sil   The New York State Department of Financial Services (DFS) asked six South Korean banks and their New York branches to report on the current conditions…

How drug lords make billions smuggling gold to Miami for your jewelry and phones

  By Jay Weaver, Nicholas Nehamas And Kyra Gurney January 16, 2018 08:00 AM   When Juan Granda ventured into Peru’s Amazon rainforest to score another illicit load of gold, he boasted that he felt like legendary Colombian drug lord Pablo Escobar. “I’m like Pablo coming … to get the coke,” he told two co-workers…

Russia and Venezuela’s Plan to Sidestep Sanctions: Virtual Currencies

By NATHANIEL POPPER, OLEG MATSNEV and ANA VANESSA HERRERO JAN. 3, 2018 People waiting outside a bank in Caracas, Venezuela, last month to exchange the Venezuelan bolívar for a new local currency. Venezuelan officials have plans to go a step further with a virtual currency in order to circumvent American sanctions. Credit Federico Parra/Agence France-Presse…

How Deutsche Bank Enabled A Dirty Offshore Bank To Move Dark Mone

The German giant processed hundreds of millions of dollars of suspicious transactions into the US for a Cyprus bank awash with dirty money linked to the Kremlin, Syrian chemical weapons, organised crime, and ISIS. Posted on December 15, 2017, at 2:04 a.m. Tom Warren, Investigations Correspondent Alex Campbell, Deputy UK Investigations Editor This is Part…

Exposed: Kremlin-Linked Slush Funds Funnelling Money To Syria’s Chemical Weapons Financiers

Inside one of the world’s dirtiest banks, confidential files expose Kremlin connections to a network of shadowy people fronting for Syria’s chemical weapons programme, ISIS, and organised crime. Posted on December 14, 2017, at 2:01 a.m. Alex Campbell, Deputy UK Investigations Editor Tom Warren, Investigations Correspondent This is Part Two of a BuzzFeed News investigation.…