DOJ

Posted by | January 22, 2024
Crypto Backers B. Riley and Nomura Entangled in SEC Probe: Bloomberg

Investment bank B. Riley is under an undisclosed investigation from U.S. authorities for its deals with Brian Kahn, an alleged co-conspirator in a U.S. Department of Justice criminal case, according...

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Posted by | January 19, 2024
Binance’s Legal Defense Against US Securities Regulator Pushed Back to Next Week Due to Snow: Report

Crypto exchange Binance’s legal defense against the U.S. Securities and Exchange Commission (SEC) has reportedly been delayed due to heavy snowfall. According to a new report by Reuters, Binance’s legal...

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Posted by | December 29, 2023
FTX Founder Sam Bankman-Fried Won’t Face Second Criminal Trial, U.S. Prosecutors Say

FTX Founder Sam Bankman-Fried will not face a second criminal trial, federal prosecutors said Friday in a letter filed in New York federal court. In the letter, prosecutors suggested a...

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Posted by | December 16, 2023
Crypto Company SafeMoon Files for Bankruptcy Following Founder and Executives’ Indictment on Fraud Charges Last Month

Blockchain firm SafeMoon is filing for bankruptcy after its founder and two executives were indicted on fraud charges in November. According to a recent document, the crypto company voluntarily filed...

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Posted by | December 15, 2023
DOJ Accuses Four US Residents of Laundering Money for $80,000,000 ‘Pig Butchering’ Crypto Investment Scam

Four alleged perpetrators of a massive crypto investment scam are facing potential jail time of up to 20 years following their indictment on Wednesday. According to the U.S. Department of...

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Posted by | December 12, 2023
Two individuals indicted for $25M AI crypto trading scam: DOJ

Defendants David Gilbert Saffron and Vincent Anthony Mazzotta Jr. allegedly solicited users’ deposits for investment and used them for lavish personal expenditures. 639 Total views 12 Total shares The United...

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Posted by | December 10, 2023
Crypto Exchange Founder Pleads Guilty to $700,000,000 Unlicensed Money Transmitting Charges: DOJ

Former crypto exchange CEO Anatoly Legkodymov has pleaded guilty to federal charges for his role in illegally transporting and transmitting hundreds of millions of dollars worth of illicit funds. The...

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Posted by | December 10, 2023
DOJ Gains Extensive Oversight Over Binance Following Settlement – Details

Recently unveiled court documents from the US Department of Justice (DOJ) reveals a significant depth of oversight by the federal regulator into the operational activities of Binance, following the $4.3 billion...

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Posted by | December 8, 2023
Judge Bars Former Binance CEO Changpeng Zhao From Leaving the US Until His Sentencing Slated for February

A judge has ruled that former Binance chief executive Changpeng Zhao is a flight risk and has banned him from leaving the US until he’s sentenced in February. In a...

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Posted by | December 2, 2023
Coinbase market share grows outside US trading hours amid Binance saga: Report

According to Kaiko Research, Bybit experienced a rise in market share around the clock, whereas Coinbase witnessed significant growth outside of the United States trading hours. 9614 Total views 6...

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