Two Florida resorts agreed to settle with the DOJ for conspiring to fraudulently obtain loan funds provided under the Paycheck Protection Program.

The DOJ filed a criminal complaint against a Vietnamese citizen for operating an online cryptocurrency “mixing” service that helped customers launder bitcoin proceeds of illicit activities.

In a set of blog posts, FINRA’s Special Investigations Unit reported that it is prioritizing Russia-related sanctions and evasion tactics, new account fraud, reporting of cyber-events and cyber-enabled fraud, market manipulation and trading-related frauds and Ponzi schemes.

In comments on the use of digital assets in illicit finance activities, the Bank Policy Institute and the American Bankers Association urged regulators to better understand the differences between risks associated with nonbank issued cryptocurrencies and stablecoins and traditional banking products and services.

In a comment letter on FinCEN's proposed rulemaking on access and safeguards to beneficial ownership information, the Investment Company Institute urged FinCEN to be mindful of the unique characteristics of mutual funds.