FinCEN

House Judiciary Democrats Release Report Exposing Trump Family's $800 Million Cryptocurrency Empire Built on Foreign Influence and Self-Dealing

| Importance: 10/10

Rep. Jamie Raskin, Ranking Member of the House Judiciary Committee, released a comprehensive staff report revealing that President Donald Trump and his family earned more than $800 million from cryptocurrency ventures in the first half of 2025 alone, with total crypto holdings valued at up to $11.6 …

Jamie Raskin Donald Trump Trump Organization Trump Family Paul Atkins +21 more cryptocurrency corruption self-dealing foreign-influence emoluments +13 more
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Treasury Releases First NFT Illicit Finance Risk Assessment Warning of Money Laundering Vulnerabilities

| Importance: 9/10

The U.S. Treasury Department published its first-ever comprehensive risk assessment of NFTs for illicit finance, determining that bad actors can exploit NFT platforms for money laundering, terrorist financing, and proliferation financing. The report highlights techniques including overpaying for …

Treasury Department FinCEN nft money-laundering treasury risk-assessment financial-crimes +2 more
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Binance and CEO Changpeng Zhao Plead Guilty to Money Laundering in $4.3 Billion DOJ Settlement

| Importance: 10/10

Binance Holdings Limited, the world’s largest cryptocurrency exchange, pleaded guilty to conspiracy to violate the Bank Secrecy Act, failure to register as a money transmitting business, and violating the International Emergency Economic Powers Act in the largest corporate criminal penalty in …

Changpeng Zhao Binance Department of Justice Merrick Garland Lisa Monaco +5 more crypto regulatory-capture money-laundering fraud sanctions-violations +4 more
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FinCEN Files Reveal $2 Trillion in Suspicious Banking Transactions

| Importance: 9/10

BuzzFeed News and the International Consortium of Investigative Journalists published the FinCEN Files, revealing more than $2 trillion in suspicious banking transactions reported to the U.S. Financial Crimes Enforcement Network between 1999 and 2017. The files contained over 2,100 Suspicious …

FinCEN BuzzFeed News International Consortium of Investigative Journalists (ICIJ) Deutsche Bank HSBC +4 more money-laundering banking financial-crime regulatory-failure suspicious-transactions +2 more
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Anonymous LLCs Enable $300B+ Annual Russian Money Flow into US Real Estate

| Importance: 9/10

By 2014, anonymous Limited Liability Companies (LLCs) and shell companies had become the primary infrastructure enabling Russian oligarchs and other kleptocrats to launder an estimated $300 billion or more annually into US real estate. Unlike most developed nations, the United States imposed no …

U.S. Treasury FinCEN Russian Oligarchs US real estate industry money-laundering russian-oligarchs real-estate shell-companies fincen +3 more
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