LATEST: OnlyFans SUSPENDS planned ban on adult material, platform says it has ‘secured assurances’ and will continue to ‘provide a home’ for its content creators
Subscriber-only website OnlyFans has announced it will suspend its proposed ban on adult material, in a shock turnabout from the content
Last Friday, the subscription site announced it was planning to ban ‘adult content’ from its site, amid growing concerns from payment processors.
Subscribe now to have unlimited access
With our subscription, you will have unlimited access to the AML Intelligence site, updated daily with the latest analysis, opinion, and breaking news across the sector, newsletter delivered twice per week, access to our Global Bank Fines & Penalties database, free access to Boardroom Series and more!
Fraudulent websites and internet banking login screens related to Dah Sing Bank, Limited
The Hong Kong Monetary Authority (HKMA) wishes to alert members of the public to a press release issued by Dah Sing Bank, Limited relating to fraudulent websites and internet banking login screens, which have been reported to the HKMA. A hyperlink to the press release is available on the HKMA website.
US traveller charged over $4.8 million failed cocaine import
A Californian man appeared before the Melbourne Magistrates’ Court yesterday (28 April, 2025) charged with allegedly importing 15kg of cocaine in his black suitcase.
The man, 28, came to police attention on Sunday (27 April, 2025) after he arrived at Melbourne Airport on a flight from San Francisco, United States.
When Australian Border Force (ABF) officers searched his suitcase, they allegedly found 12 vacuum-sealed packages, with a total weight of about 15.3kg. The contents tested positive for cocaine.
‘Use it or lose it’ blitz targets digital currency exchanges
AUSTRAC is encouraging inactive digital currency exchange (DCE) businesses to voluntarily withdraw their registrations or risk having it cancelled.
DCEs must be registered with AUSTRAC before they can offer a service to exchange cash for cryptocurrency, or vice versa. This includes cryptocurrency ATM providers.
There are currently 427 registered DCEs but AUSTRAC is concerned that a significant proportion are inactive. AUSTRAC is contacting any DCEs that appear to no longer be trading.