Anti-Financial Crime & Financial Crime Compliance
Regulatory Intelligence Leadership | Insight | Network

Crypto, Financial Crime, Tech, US

NEWS: Former Olympic snowboarder Ryan Wedding allegedly used crypto to launder drug money

Premium November 24, 2025

Wanted poster for Ryan Wedding

Premium

NEWS: EU to complete action plan against digital fraud ‘before the summer’

 Premium

NEWS: SEC enforcement director Margaret Ryan suddenly resigns after 6 months

 Premium

NEWS: TradeStation Securities to pay OFAC $1.1m over apparent sanctions breaches

By PAUL O’DONOGHUE, Senior Correspondent

CANADIAN fugitive Ryan Wedding and several associates allegedly used large volumes of crypto to launder cocaine-trafficking proceeds, according to a U.S. indictment.

Prosecutors also claim that Wedding also organized the murder of a witness who was prepared to testify against him.

AML Intelligence
Subscribe now to have unlimited access

With our membership subscription, you will have unlimited access to the AML Intelligence site, updated daily with the latest analysis, opinion, and breaking news across the sector, newsletter delivered twice per week, access to our Global Bank Fines & Penalties database, free access to Boardroom Series and more!

View subscription optionsIf you have an account, log in
Premium

NEWS: EU to complete action plan against digital fraud ‘before the summer’

 Premium

NEWS: SEC enforcement director Margaret Ryan suddenly resigns after 6 months

 Premium

NEWS: TradeStation Securities to pay OFAC $1.1m over apparent sanctions breaches

Regulatory Watch News

  • Turning partnership into action: OLAF meets African counterparts to strengthen cooperation against fraud and illicit trade

    OLAF

    The European Anti-Fraud Office (OLAF) hosted the African-European Investigation Forum, held on 17–18 March 2026 in Brussels, bringing together around 80 representatives of investigative, control and anti-corruption authorities from across Africa to discuss best practices and exchange operational experience.  Participants from 29 African countries met with experts from OLAF to strengthen cooperation in the fight against fraud affecting public funds and against illicit trade. By bringing together partners from different regions and institutions, the forum provided a platform to reinforce trust and develop direct contacts that are essential for fast and effective cooperation in complex cross-border cases.

  • Statement by the High Representative on behalf of the EU on the alignment of certain countries concerning restrictive measures directed against certain persons, entities and bodies in view of the situation in Ukraine

    European Council

    Decision (CFSP) 2025/490 extends the restrictive measures until 6 March 2027 and updates the information in the Annex to that Decision regarding the rights of defence and the right to effective judicial protection. Albania, Bosnia and Herzegovina, Iceland, Liechtenstein, Moldova (Republic of), Montenegro, North Macedonia, Norway, Serbia and Ukraine align themselves with this Council Decision. They will ensure that their national policies conform to this Council Decision. The European Union takes note of this commitment and welcomes it.

  • Scam alert related to banks

    HKMA

    The Hong Kong Monetary Authority (HKMA) wishes to alert members of the public to the press releases issued by the banks listed below relating to fraudulent websites, internet banking login screens, phishing emails or other scams, which have been reported to the HKMA.  Hyperlinks to the press releases are available on the HKMA website.  

           Bank        Type of Scam
    The Bank of East Asia, Limited Fraudulent websites and internet banking login screens
    Shanghai Commercial Bank Limited Fraudulent websites and internet banking login screens
    Chong Hing Bank Limited Fraudulent websites and internet banking login screens
    OCBC Bank (Hong Kong) Limited Fraudulent websites and internet banking login screens
     

Sign Up To Our Newsletter

Contact Us