Search results for mule accounts
Crypto
Thailand scrutinises large USDT transactions, steps up monitoring of stablecoins and cash
Thailand\'s central bank has begun monitoring large stablecoin transactions centred on USDT as part of a crackdown on money laundering, illegal finance and so-called grey money. Working with the Securities and Exchange Commission, it is auditing USDT, cash and currency exchange transactions to identify and block illicit flows. Oversight will extend to cash networks, exchange booths, gold bar trades and suspicious stablecoin activity, while cash rules will require source reporting and full disclosure for deposits above 5 million baht.
Telecommunications & Media
Whole-of-government voice phishing response cuts cases, losses for seven straight months
South Korea’s government said voice phishing cases and losses fell for seven straight months through April after a whole-of-government response. It said cases dropped to 9,353 from 14,461 a year earlier, while losses fell to 493.6 billion won from 763.2 billion won. Measures included an integrated response team, emergency phone-number blocks and an AI information-sharing platform. Authorities also expanded enforcement, arrests and asset recovery.
Finance
Capital market rules tighten as MyData programme expands
South Korean financial authorities are accelerating efforts to tighten capital market discipline, pledging tougher action against illegal practices aimed at avoiding delisting and pushing for timely exits of so-called zombie firms. Korea Exchange will introduce rules from July to delist penny stocks and raise standards for dealing with weak companies. Regulators also plan to curb duplicate listings and tighten reviews. Some decisions, including Hong Kong ELS fines and Samsung Securities approvals, remain delayed.
