Exhibit DeskAML · crypto compliance · fraud

Red flag 001 · 5 Oct 2026

DeFi in, fiat out

The alert shown is illustrative.

A customer receives stablecoins from a DeFi protocol that runs no AML checks, sells them and withdraws fiat. FinCEN lists this among its scam-center laundering red flags. We read the alert: the flag is a reason to look, not a verdict.

Read the full piece on Instagram · X

Sources

  1. FinCEN Alert FIN-2026-Alert005, 3 Sep 2026 (PDF)

← The archive