Europol | FinTelegram News

Category: Europol

January 31, 2025

Cracked & Nulled Cybercrime Marketplaces Taken Down in Global Law Enforcement Crackdown

In a major international operation, U.S. authorities and their global partners dismantled the cybercrime marketplaces Cracked and Nulled, disrupting two massive hubs for stolen data, hacking tools, and illicit transactions. The crackdown, executed with Europol's backing, involved coordinated takedowns across multiple jurisdictions.

November 14, 2024

From Businessman to Fugitive: The Rise and Fall of Alleged Fraudster Philippe Stanislas Antoine Wasila!

Philippe Stanislas Antoine Wasila, a 57-year-old French citizen born in Luxembourg in 1967, has been placed on Europol's Most Wanted list in connection with an alleged investment scam. Wasilla, who lived in Luxembourg for many years and is fluent in multiple languages, is accused of defrauding investors of approximately €5.4 million in 2013 and 2014. In an email to the Luxembourg Times, he denies all allegations.

November 6, 2024

Albania-Italy Joint Crackdown Dismantles €70M Drug Trafficking & Money Laundering Network

A joint operation between Albania and Italy, with Europol support, has dismantled a drug trafficking network led by Albanian brothers, responsible for smuggling drugs from South America to Europe. The coordinated raid resulted in 29 arrests across five countries, dealing a severe blow to the network’s money-laundering operations.

July 5, 2024

French and Spanish Authorities Dismantle Chinese Money Laundering Network

On July 5, 2024, Europol announced that in an international law enforcement action against organized crime, French and Spanish authorities had arrested five members of an alleged Chinese money laundering network operating across Europe. The joint law enforcement operation, supported by Europol, highlights the network's extensive capacity to smuggle over €1 million in cash daily.

February 22, 2024

Massive International Money Laundering Probe Targets Maltese Financial Institution With Russian Connections!

Malta has always been a great place for international money laundering schemes. Eurojust recently reported that an investigation has unfolded, placing a Maltese financial institution at the heart of an extensive international money laundering inquiry linked to Russian criminal activities. Authorities are tracking over €4.5M in laundered cash, with suspicions that the total sum involved could ascend to tens of millions of euros.

The Unraveling of Rabidi and the Rise of the SoftSwiss Network: Our Updated Forensic Report

A few months ago, FinTelegram released a first forensic report on the bankruptcy of Rabidi N.V., a Curacao-registered online casino operator with hundreds of millions in revenues — and no traceable assets by the time of its collapse in May 2024. That report already raised serious questions about the opaque structures behind Rabidi’s operations and its successor, Liernin Enterprises Ltd.

DeFi Decoded: Smart Contracts – The Code Behind the DeFi Revolution

Smart contracts are the invisible architects of decentralized finance. These self-executing lines of code run everything from token swaps to lending platforms without middlemen. But while they offer autonomy, they also introduce new risks—bugs, exploits, and irreversible mistakes. In this fourth installment of our FinTelegram DeFi Series, we explain what smart contracts are.

CFTC

Despite New Crypto Friendlyness: No Settlement Between U.S. CFTC And KuCoin?

A planned settlement between the U.S.CFTC and crypto exchange KuCoin is now in limbo due to a reported policy shift within the CFTC. This change is attributed to the Trump administration’s new approach, which deprioritizes enforcement actions against crypto companies. As a result, a CFTC attorney said that it is "unlikely that such authorization will be granted in the near term" regarding the settlement approval.

SEC’s New Era: Paul Atkins Sworn In—Will Crypto Finally Get the Regulatory Clarity It Deserves?

The U.S. Securities and Exchange Commission (SEC) has entered a new chapter with the swearing-in of Paul S. Atkins as its 34th Chairman, a move widely anticipated to mark a dramatic pivot in how the agency approaches crypto and DeFi regulation. For years, the financial industry—especially the burgeoning digital asset sector—has bristled under the SEC’s “Regulation by Enforcement” strategy.

Crypto Mogul Changpeng Zhao – Fallen, Rich, and Rising Again?

As spring 2025 blooms and Easter’s themes of rebirth fill the air, Changpeng Zhao emerges as one of the most controversial figures of startup mythology: a man who fell spectacularly, paid a price—then rose again, wealthier and louder than ever. Once the almighty architect of Binance, CZ now resides in Dubai with a net worth that Forbes estimates at $63 billion.