[Israeli Police Arrest 5 in $5 Million Crypto Money Laundering Case via WhatsApp] According to a report by Cointelegraph on November 14th, Israeli police arrested five people on the morning of November 10th, alleging they operated an unlicensed cryptocurrency trading network through WhatsApp groups, involving approximately 16 million shekels (about $5 million). The National Economic Crime Investigation Agency (NECA) of the Israeli police stated that the five were partners, each playing a different role, and none of them held licenses or declared transactions to the tax authorities. Police also suspect they transferred transaction proceeds directly to bank accounts and disguised the funds as loans using fictitious loan agreements; searches yielded cryptocurrency wallets, computers, and tens of thousands of shekels in cash. The five were questioned on suspicion of violating the Anti-Money Laundering Law, providing financial asset services without a license, and obtaining money through fraud. Police expect the investigation to expand. Previously, on October 6th, the Israeli tax authorities reported two other undeclared cases, one of which involved approximately $13 million in transactions between 2019 and 2021.