CBC BusinessMay 28
Ahead of World Cup, financial intelligence agency warns of heightened human trafficking risk
A new bulletin from Fintrac is advising Canadian businesses to look out for transactions that could be linked to trafficking for the purpose of sexual exploitation or forced labour. Major events can boost the demand for this activity and offer an opportunity to move people to the location where major events are taking place.
https://www.cbc.ca/news/business/human-trafficking-world-cup-9.7215315?cmp=rss
CBC Top StoriesMay 28
Ahead of World Cup, financial intelligence agency warns of heightened human trafficking risk
A new bulletin from Fintrac is advising Canadian businesses to look out for transactions that could be linked to trafficking for the purpose of sexual exploitation or forced labour. Major events can boost the demand for this activity and offer an opportunity to move people to the location where major events are taking place.
https://www.cbc.ca/news/business/human-trafficking-world-cup-9.7215315?cmp=rss
Don Curren 🇨🇦🇺🇦Apr 23
“ #Fintrac found these groups appear to recruit or rely on individuals already in Canada #— typically “financially vulnerable, young male Indian nationals” on study permits — to transfer #money or act as #enforcers.” www.thestar.com/politics/fed... #extortion #moneylaundering

Criminal networks using young ...
Criminal networks using young people from India for extortion schemes, Fintrac warns

OTTAWA - Canada's financial intelligence agency says criminal organizations appear to be using young students from India to help extort people and businesses in South Asian communities across the country.

Toronto Star
Global NewsApr 21
MPs approve new federal budget watchdog over Conservative, Bloc opposition
The House of Commons voted to approve Annette Ryan, a longtime public servant and the current deputy director of Fintrac, as Canada's next Parliamentary Budget Officer.
#Politics #AnnetteRyan #ParliamentaryBudgetOfficer
https://globalnews.ca/news/11811337/canada-parliamentary-budget-officer-annette-ryan/
Vietnam InsiderMar 20

Finance Minister Champagne signals aggressive enforcement; major fines hit #Cryptomus ($126M) and KuCoin ($14M)

#Canada #Crypto #FINTRAC #MarketInsider

https://marketinsider.net/canada-revokes-50-crypto-licenses-in-2026-as-fintrac-tightens-grip-on-money-laundering-risks/

Canada Revokes 50 Crypto Licenses in 2026 as FINTRAC Tightens Grip on Money-Laundering Risks - Market Insider

Finance Minister Champagne signals aggressive enforcement; major fines hit Cryptomus ($126M) and KuCoin ($14M)

Market Insider
Show threadMissConstrueFeb 21

#Persona leak continued (2/2)

Integration with Government Systems: The platform is capable of filing Suspicious Activity Reports (#SARs) directly to #FinCEN (U.S. Treasury) and #FINTRAC (Canada), and integrates with blockchain analytics tools like #Chainalysis to monitor cryptocurrency addresses.

Suspicious Checks: Some checks, like "SelfieSuspiciousEntityDetection" and "SelfiePoseRepeatedDetection", lack clear definitions of what constitutes a "suspicious" face or repeated pose, raising concerns about bias and opacity.

This is a big deal. I’ve been telling y’all that age verification was just a way to gather intelligence.

https://www.therage.co/persona-age-verification/

Hackers Expose Age-Verification Software Powering Surveillance Web

Three hacktivists tried to find a workaround to Discord’s age-verification software. Instead, they found its frontend exposed to the open internet.

The Rage
Edwin G. Dec 21

Dramatic increase in Fintrac fines coming, but their effectiveness is less clear

https://toronto.citynews.ca/2025/12/21/dramatic-increase-in-fintrac-fines-coming-but-their-effectiveness-is-less-clear/
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Une hausse dramatique des amendes de la CANAFE s’en vient, mais l’efficacité en est moins claire

// Article en anglais //

#Canada #Fintrac #CANAFE

Dramatic increase in Fintrac fines coming, but their effectiveness is less clear

The cost of doing business is set to go up, dramatically, for companies that don’t keep a close eye on anti-money laundering obligations.

CityNews Toronto
CyberVeille.chOct 24, 2025
📢 Canada inflige 176 M$ d’amende à Cryptomus pour manquements liés à des flux crypto de services cybercriminels
📝 Selon KrebsOnSecurity, les autorités canadiennes ont infli...
📖 cyberveille : https://cyberveille.ch/posts/2025-10-23-canada-inflige-176-m-damende-a-cryptomus-pour-manquements-lies-a-des-flux-crypto-de-services-cybercriminels/
🌐 source : https://krebsonsecurity.com/2025/10/canada-fines-cybercrime-friendly-cryptomus-176m/
#FINTRAC #blanchiment_d_argent #Cyberveille
Canada inflige 176 M$ d’amende à Cryptomus pour manquements liés à des flux crypto de services cybercriminels

Selon KrebsOnSecurity, les autorités canadiennes ont infligé une amende record de 176 millions de dollars à Cryptomus, plateforme de paiement en cryptomonnaies, après des constats de manquements graves en matière de déclaration d’activités suspectes liées à des crimes financiers et cybercriminels. L’enquête de FINTRAC a relevé des défaillances de Cryptomus dans la déclaration de transactions suspectes associées à l’exploitation d’enfants, la fraude, le ransomware et l’évasion des sanctions. Des recherches ont identifié 122 services cybercriminels utilisant Cryptomus et des connexions à 56 plateformes d’échange russes permettant des transferts de liquidités vers des banques russes sanctionnées.

CyberVeille
Edwin G. Oct 22, 2025

Cryptocurrency exchange Cryptomus fined $177M for failing to report over 1,000 transactions with suspected links to criminal activity to FINTRAC.

https://www.cbc.ca/news/business/cryptomus-fined-177-million-fintrac-9.6948338
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L'échange de crypto-monnaie Cryptomus mis à l’amende 177M$ pour ne pas avoir signalé plus de 1000 transactions ayant des liens présumés avec des activités criminelles à CANAFE.

https://fintrac-canafe.canada.ca/new-neuf/nr/2025-10-22-fra

#Canada #FINTRAC #CANAFE #Crypto #Cryptocurrency #Cryptomonnaie

Crypto exchange Cryptomus fined record $177M by Canada's financial crime watchdog | CBC News

A cryptocurrency exchange has been slapped with a fine of almost $177 million — the largest-ever penalty by Canada's financial intelligence agency — for infractions including failing to flag more than 1,000 transactions with suspected links to criminal activity.

CBC
ITSEC NewsOct 22, 2025
Canada Fines Cybercrime Friendly Cryptomus $176M - Financial regulators in Canada this week levied $176 million in fines against Cryptomus, ... https://krebsonsecurity.com/2025/10/canada-fines-cybercrime-friendly-cryptomus-176m/ #financialtransactionsandreportsanalysiscenterofcanada #investigativejournalismfoundation #xeltoxenterprisesltd #russiaswaronukraine #neer-do-wellnews #alittlesunshine #ctvnationalnews #richardsanders #webfraud2.0 #sarahpaquet #ransomware #cryptomus #fintrac
Canada Fines Cybercrime Friendly Cryptomus $176M – Krebs on Security