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The South Korean government intends to establish specific regulations targeting cryptocurrency mixers, which are used to obscure the origin of digital assets. This initiative is driven by the challenges these services pose in tracking money laundering conducted by criminal organizations. 
Elon Musk has shared his relatively indifferent stance towards cryptocurrencies, considering money primarily as a database for resource distribution. He opined that fiat currencies are quite capable of serving this purpose effectively, provided that governments don't abuse the system and fuel inflation. 
Taiwanese authorities have cracked down on the country's largest cryptocurrency money laundering case, involving a staggering $324 million. 4 individuals, including their leader, a suspect known as Chiu, have been arrested in connection with the elaborate scheme. 
Sam Bankman-Fried’s Former Friends Share Startling Testimonies
Sam Bankman-Fried, the founder of the bankrupt crypto exchange FTX, is currently on trial in New York. He is charged with seven criminal counts, including wire fraud, securities fraud, and money laundering. If convicted, Sam could face a life sentence. 
The cryptocurrency company Tether has been highlighted in a recent UN report on crime, due to the prevalent use of its stablecoin, USDT, in money laundering and fraudulent activities, particularly in Southeast Asia. The token is notably being used in sham investment schemes promising high returns. 
Canadian artist Grimes has partnered with the music platform Slip․stream to promote and distribute songs generated by AI using her vocal samples. More than 200 such songs have already been created, and their creators can now earn money from the commercial use of such music. 
The fiat gateway from Advcash made it possible for users to transfer their money stored in Russian banks, which have fallen under sanctions, to the exchange.
The user base is spreading this news, having gotten notifications from the exchange about it.
Nevertheless, Advcash representatives assert that they haven’t received any communications from Binance concerning updates to their partnership. 
The agency highlights that entities like HAMAS and other terrorist groups employ these mixers for illicit activities.
This designation acts as a form of sanction, with stringent reporting requirements for any associated financial transactions. 
A recent investigation into ThorSwap, a platform enabling asset transfers across blockchains, raises concerns about its misuse by hackers from North Korea and russia. In the last four months, more than 50% of ETH converted to BTC through ThorSwap has been linked to either previous thefts via exploits or money laundering activities. The study's author highlights that criminal entities often exploit decentralized technologies. However, many developers seem to overlook this issue.