AMLBot Blog

Financial institutions filed 4.7 million suspicious activity reports in fiscal year 2024, an average of 12,870 per day. More than 87% of IRS Criminal Investigation cases recommended for prosecution over the prior two years had a related BSA filing. The system works, but only when the process between "alert generated" and "decision made" is structured, consistent, and document...

On April 18, 2026, attackers drained $292 million from Kelp DAO's rsETH bridge in what became the largest DeFi exploit of the year. Within days, stolen funds began flowing through privacy protocols — THORChain, Umbra, Chainflip — prompting Umbra to shut down its own frontend to curb further laundering. LayerZero attributed the attack to North Korea's Lazarus Group.

According to AMLBot's Crypto Crime Report 2025–2026, 65% of crypto incidents investigated across 2,500+ real cases were driven by social engineering — not technical exploits. Investment Scams, Phishing, and Device Compromise ...

Independent research conducted across 2024–2025 found that more than 50% of wallets ultimately flagged as high-risk were initially assessed as safe at the time of onboarding. A wallet that passes every identity check on day one can become a conduit for laundered funds on day thirty — and if the only compliance layer in place is customer verification, that transition happens i...

According to AMLBot's Crypto Crime Report 2025–2026, based on the analysis of 2,500+ real post-incident investigations, 65% of crypto crime cases were driven by Social Engineering rather than Technical Exploits. Investment Sc...