DOJ

Posted by | December 1, 2023
Miami Fraudster Sentenced to 63 Months in Prison for Duping Banks out of $4,000,000 in Crypto Scheme

The ringleader of a Miami-based crew that defrauded banks out of millions of dollars has been sentenced to over five years in prison. In a new press release, the U.S....

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Posted by | November 29, 2023
Bitcoin Decouples with XRP, BNB But Correlates With Dogecoin and Cardano

In the last two months, Bitcoin (BTC), the world’s most valuable cryptocurrency, has been increasingly decoupling from XRP, the native currency of the XRP Ledger (XRPL), and BNB, the coin...

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Posted by | November 29, 2023
SEC Probing Binance.US for Evidence of Potential Fraud, Despite Guilty Pleas From Binance and CZ: Report

The U.S. Securities and Exchange Commission (SEC) is reportedly still investigating Binance CEO Changpeng Zhao and the company’s US branch despite both parties already pleading guilty to other charges levied...

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Posted by | November 27, 2023
Ethereum price falls as regulatory worries and pause in DApp use impact investor sentiment

Ether (ETH) is struggling to maintain the $2,000 support as of Nov. 27, following its third unsuccessful attempt in 15 days to surpass the $2,100 mark. This downturn in Ether's...

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Posted by | November 27, 2023
Bitcoin traders’ bullish bias holds firm even as BTC price dips to $37K

Bitcoin (BTC) briefly reached $38,000 on Nov. 24 but faced formidable resistance at the price level. On Nov. 27, Bitcoin price traded below $37,000, which is unchanged from a week...

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Posted by | November 26, 2023
Binance’s Changpeng ‘CZ’ Zhao Is a Manageable Flight Risk: U.S. DOJ

The U.S. Department of Justice doesn't want Changpeng 'CZ' Zhao locked up until sentencing, but it doesn't want him to leave the United States either, arguing in a new filing...

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Posted by | November 24, 2023
Binance Founder Changpeng ‘CZ’ Zhao Isn’t a Flight Risk, His Attorneys Say

Binance founder Changpeng "CZ" Zhao poses "no risk of flight" and should be allowed to return to the United Arab Emirates for now, a Thursday filing said. The partially redacted...

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Posted by | November 24, 2023
Binance’s Settlement With U.S. Authorities Is Positive for Crypto as Well as the Exchange: JPMorgan

Binance’s settlement with the U.S. government is positive for the crypto industry as well as the exchange, JPMorgan (JPM) said in a research report Thursday. For the wider market, the...

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Posted by | November 23, 2023
Substantial Risk of Flight’ Posed by Ex-Binance CEO, Prosecutors Say in Filing Seeking To Bar CZ From Leaving US

New documents reveal that the prosecutors have filed documents seeking to ban former Binance CEO Changpeng Zhao from leaving the US. In a new court filing, the government argues that...

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Posted by | November 22, 2023
Binance’s Ex-CEO CZ ‘Poses a Serious Risk of Flight,’ Prosecutors Claim in Asking He Stay in U.S.

Binance's former CEO, Changpeng Zhao (CZ), cannot be allowed to leave the U.S. ahead of his February sentencing on one charge of violating the Bank Secrecy Act, federal prosecutors said...

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