Criminal networks are quick to apply new technology — like AI — to activities such as scams and fraud. Meanwhile, law enforcement faces 10- to 15-year implementation timelines.

Wall Street Journal | Chinese money launderers have moved more than $300 billion in illicit transactions through U.S. banks and other financial institutions in recent years.

Chainalysis | Asset Reality’s Aidan Larkin and Hugo Hoyland discuss solutions to manage seized digital assets and their strategic partnership with Operation Shamrock.

The New York Times | Crypto is gaining mainstream acceptance. But at least $28 billion tied to illicit activity has moved into crypto exchanges over the last two years alone.

CA.gov | California has taken action against multiple crypto kiosk operators for violations including excessive fees and exceeding the state’s $1,000 daily transaction limit.

TRM Blog | TRM breaks down the recent indictment of the chairman of Prince Holding Group for crimes related to the operation of forced-labor scam compounds across Cambodia.

CNN | Every day, scammers manipulate people into believing they owe money. The scammers direct them to crypto ATMs to pay. And the owners of those machines profit.

Truth Be Told | Sarasota, Florida detectives uncovered a national crime ring. It was all part of an $80 million scam operation orchestrated from within prisons in nearby Georgia.

A member of the Crypto Coalition, Brooklyn Park Sgt. Tuzinski found scripts that scammers use to trick victims. He shared them with NBC KARE 11 News to highlight red flags.