GeopoliticsNotableSingle-source
5.2
UK Treasury solicits bank case studies to counter FATF money-laundering criticism
Guardian WorldLO·GB·about 5 hours ago
UK authorities uncovered a money-laundering network operating via WhatsApp group chats, moving millions in cash globally with no paper trail. The scheme funded organized crime and extremism, highlighting the use of encrypted messaging for financial crime. The full scale and international reach remain under investigation.
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