Three to four billion pounds of criminal money in Europe is being laundered through cryptocurrencies, according to Europol.
Ukraine faces considerable money laundering risks due to the corruption and illegal economic activities.
The State Financial Monitoring Service of Ukraine in January-September forwarded to the law enforcement agencies 518 materials on financial transactions that may be related to money laundering or a criminal offense.
Azerbaijan's ruling elite operated a secret $2.8 billion slush fund for two years to pay off European politicians and make luxury purchases, an investigation shows, the BBC reported.
The Vienna Regional Court on Tuesday rejected the request of the Spanish judiciary to extradite a Ukrainian oligarch Dmytro Firtash, according to Austria's Kurier.
Ukraine is set to launch a crackdown against Scottish tax-haven firms after a series of high-profile money-laundering scandals, Herald Scotland reports.
Over the period from 1991 to the present day, some $148 billion has been withdrawn from Ukraine to offshore jurisdictions, according to various estimates, according to Inna Shovkun, a leading researcher at the Institute of Economics and Forecasting of the National Academy of Sciences of Ukraine, who wrote an article for the Dzerkalo Tyzhnia newspaper.