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In 2025, Kazakhstan froze 20,000 money-laundering cards and shut down 22 underground cryptocurrency exchange venues
SVMU News: Kazakh President Tokayev heard the 2025 work report from the Financial Supervision Agency (AFM) on its 2025 work report. The agency has completed investigations into 1,135 criminal cases, compensated victims with 141.5 billion tenge, dismantled 15 criminal gangs and 29 platforms engaged in illegal cash-out operations, with a transaction volume exceeding 128 billion tenge. Additionally, authorities cracked down on 22 underground cryptocurrency exchange operations used to launder proceeds from drug trafficking and fraud, and blocked over 1,100 illegal online cryptocurrency trading services and 20,000 deposit cards used for money laundering. (Tengrinews)
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