Tag
FinCEN
4 articles
FinCEN Flags $12.7 Billion in Crypto Scams Tied to Southeast Asia Networks
Treasury's financial crimes unit traced over 33,000 suspicious transaction reports filed between September 2023 and December 2025 to criminal operations in Myanmar and Cambodia targeting U.S. investors.

FinCEN Flags $12.7 Billion in Crypto Scams Tied to Southeast Asia Operations
Treasury's financial crimes unit identified nearly 34,000 suspicious filings linked to 'pig butchering' fraud schemes targeting American victims
Treasury Links $12.7B in Suspected Crypto Scams to Southeast Asian Networks
FinCEN analysis of 33,904 Bank Secrecy Act reports reveals criminal organizations using fake personas and stablecoin conversions to defraud U.S. investors

Treasury Permanently Exempts U.S. Companies From Ownership Reporting
Treasury Secretary Scott Bessent finalized a rule scrapping Biden-era requirements that would have forced roughly 32 million businesses to disclose their beneficial owners to FinCEN.