Tag: AML

FinTelegram has published a downloadable Compliance Intelligence Report on Softon Ltd, the Cyprus-registered company publicly identified by Betzter.com as its owner and operator. The report reviews Cyprus corporate structures, offshore gambling narratives, EU-facing payment exposure, technical infrastructure, player-data telemetry and unresolved payment-routing questions.

FinTelegram’s Rail Atlas reviews The Kingdom Bank’s offshore banking and payment infrastructure. Our operational review found EU-facing onboarding from Austria and Italy, KYC via Plato/GoodFintech, instant-transfer routing via Banky, and ordinary bank-transfer instructions through Speedy AG in Poland with The Kingdom Bank Corporation as account owner. The wider Zubari-linked network, including Financial House under FCA restrictions, raises significant compliance questions.

A June 2026 promotional article on openPR explains how users can transfer USDT into Payeer through BoomChange, even though...

Belgian prosecutors are reportedly investigating Wise over possible AML compliance failures linked to approximately €500 million in suspicious transactions. The case highlights the growing regulatory pressure on large payment institutions and cross-border fintech platforms.

Editorial Note: This report distinguishes between documented facts, public self-positioning, third-party allegations, whistleblower claims and FinTelegram’s compliance-risk assessment. Allegations...

FinTelegram’s latest casino payment-rail reviews indicate a coordinated migration from the Polish crypto on-ramp ChainValley to the Georgian payment gateway Nylo. The pattern looks disturbingly familiar: the same offshore casinos, the same fake-FIAT crypto-buy flow, the same Skrill/Neteller/Rapid Transfer/Paysafecard wrappers — and the same opacity around the true gambling beneficiary.

South Korean crypto exchange Bithumb has blocked all virtual-asset deposits and withdrawals involving the overseas crypto payment platform Heleket,...

FinTelegram’s Rail Atlas reviews show that offshore casino deposits increasingly route through open-banking and Pay-by-Bank rails where payment processors — not casino operators — appear as payees. This weakens transparency, chargeback options, and player refund claims under recent CJEU gambling case law.

The Bank of Lithuania’s decision to revoke the EMI licence of Paytend Europe UAB marks a stunning regulatory validation of FinTelegram’s prior reporting on the payment processor’s relationship with the unregulated crypto exchange MEXC. Weeks before the licence revocation, FinTelegram publicly warned Paytend Europe in an open letter that its continued facilitation of MEXC through the Romanian vehicle Finetix Ltd S.R.L. exposed the Lithuanian EMI to severe AML and regulatory consequences.

FinTelegram has reviewed victim files exposing the payment machine behind the alleged KXTRA / KKR Global Investment scam. The evidence points to OpenPayd-linked victim-named VIBANs, immediate sweeps to Polish crypto/on-ramp provider Klickl Europe, and partial payouts through short-lived UK company TFG Technology Ltd. This is not merely a compliance story. It is a suspected fraud-rail case.

Passpoint markets itself as a financial orchestration platform for Africa, Europe, and G20 payment corridors. But FinTelegram’s Betify review found something far more problematic: Passpoint Sp. z o.o., its Polish entity, appeared as the named payee in an open-banking/bank-transfer rail used to fund Betify, an offshore casino accessible from EU jurisdictions. This is not a passive API footprint.

Turkish authorities have opened a money-laundering investigation into companies owned by fintech entrepreneur Ozan Özerk, whose payment network has also surfaced in OCCRP’s “Scam Empire” fraud revelations. While Özerk brands himself as a cross-border payments visionary and compliance advocate, FinTelegram’s analysis suggests a reputation strategy designed to outrun growing scrutiny of his high-risk payment rails.