FeesSafety
Pluang+

FATF report reveals scam compounds launder $100M+ via crypto wallets and internal OTC desks.

Market News
05 Nov 2026, 20:19 WIB
Crypto Briefing
View Source
Bearish
FATF report reveals scam compounds launder $100M+ via crypto wallets and internal OTC desks.

The FATF report exposes how scam compounds operate as integrated criminal businesses, laundering over $100 million through crypto wallet clusters and internal over-the-counter (OTC) desks. These operations span globally, with a heavy presence in Southeast Asia, where human trafficking fuels fraud floors. The FATF urges urgent global cooperation, better information sharing, and victim-focused measures to disrupt these illicit financial flows. The rise of internal OTC desks poses new enforcement challenges as they bypass regulated exchanges, highlighting the need for stronger crypto regulations worldwide.

The FATF report on crypto scam compounds provides context for Pluang's market snapshot as of Nov 06, 2026 01:02 WIB: out of 50 major cryptocurrencies, only 4 rose while 45 fell. Among these, XLM (Stellar) traded at Rp2.765 with a 1-day change of -8.96%. CRV (Curve DAO Token) saw a price of Rp4.609 and an 83% sell order activity on Pluang.

More News

Scout Clean Energy's 183 MW Nimbus Wind Farm in Arkansas starts commercial operations, powering 40,000 homes.

Scout Clean Energy's 183 MW Nimbus Wind Farm in Arkansas starts commercial operations, powering 40,000 homes.

Scout Clean Energy has announced that its 183 MW Nimbus Wind Farm in Carroll County, Arkansas, is now commercially operational after two years of construction. The wind farm, the largest in Arkansas, generates enough electricity to power over 40,000 ...

Market News
Bullish
3 hours ago
CRCAM Toulouse 31 releases financial report for Q3 2026, available on their website.

CRCAM Toulouse 31 releases financial report for Q3 2026, available on their website.

CRCAM Toulouse 31 announced the publication and filing of its financial information report for the quarter ending September 30, 2026. The report is accessible to the public on the company's website under the regulatory information section for 2026. T...

Market News
Neutral
3 hours ago
Hyperscalers invest hundreds of billions to boost AI data center accelerators amid rising demand.

Hyperscalers invest hundreds of billions to boost AI data center accelerators amid rising demand.

Global tech giants like Amazon, Google, and Microsoft are committing hundreds of billions of dollars to expand AI-focused data center accelerators, driven by surging demand from generative AI workloads that exceed traditional CPU capabilities. These ...

Market News
Bullish
4 hours ago
Berkshire Hathaway's stock portfolio value triples its purchase cost, gains equal 19% of company value.

Berkshire Hathaway's stock portfolio value triples its purchase cost, gains equal 19% of company value.

Berkshire Hathaway's stock portfolio is now worth about three times what the company originally paid for it. These gains alone represent roughly 19% of Berkshire Hathaway's total company value, highlighting the significant growth and value generated ...

Analyst Insights
Bullish
4 hours ago
C3is Inc. announces 1-for-5 reverse stock split to meet Nasdaq listing price requirements

C3is Inc. announces 1-for-5 reverse stock split to meet Nasdaq listing price requirements

C3is Inc. will implement a one-for-five reverse stock split effective November 9, 2026, reducing its outstanding shares from about 4.2 million to 0.84 million. This move aims to increase the stock price to meet Nasdaq's minimum bid price requirement ...

Company Fundamentals
Neutral
5 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App