Search
Singapore Court Orders Multichain to Pay Fantom Foundation $2.19 Million
10.7.2024
The High Court of Singapore has awarded Fantom Foundation Ltd. damages totaling $2.19 million in a case against Multichain Foundation Ltd. and Multichain Pte Ltd. This ruling followed a default judgment due to Multichain’s failure to deliver 4.175 million FTM tokens or their equivalent...
Woman Sentenced to 9 Years in Prison for Crypto-Funded Murder-for-Hire Scheme
10.5.2024
Michelle Murphy, 58, from Bedford, Texas, has been sentenced to nine years in federal prison for attempting to hire a hitman using bitcoin to kill her boyfriend’s lover. Charged in September 2023 and pleading guilty in December, Murphy used the dark web to orchestrate the crime, paying...
Indian National Pleads Guilty in Case Involving ‘Largest Single Cryptocurrency and Cash Seizure in DEA History’
30.1.2024
An Indian national has pleaded guilty in a case involving “the largest single cryptocurrency and cash seizure” in the U.S. Drug Enforcement Administration (DEA) history. The defendant “is designated as a Consolidated Priority Target, which makes him one of the most significant...
What's Uniting the SEC's Crypto Cases
24.1.2024
Earlier this week, a federal judge asked attorneys with the U.S. Securities and Exchange Commission why – "big picture" – there wasn't any sort of uniting regulation addressing crypto
DOJ’s Decision on SBF Case Outrages Crypto Industry — Coinbase Calls It ‘Miscarriage of Justice’
31.12.2023
The decision by the U.S. Department of Justice (DOJ) not to pursue a second trial against disgraced FTX founder Sam Bankman-Fried (SBF) has outraged the crypto industry. Crypto exchange Coinbase calls the decision a “miscarriage of justice.” One lawyer opined, “Ask yourself why is this case...
FCA Has Dealt With 1,400 Cases Related to Unregulated Crypto Activity, UK Regulator Reveals
13.12.2023
The U.K. Financial Conduct Authority (FCA) has revealed that it has dealt with over 1,400 crypto cases between January 2020 and June 2023. The regulator noted that “a shortage of crypto skills meant the FCA took longer than planned to register crypto-asset firms under money laundering...
Former SEC Official Warns of the End of Binance — ‘It’s Only a Matter of Time Before Entire Binance Plea Deal Collapses’
12.12.2023
The U.S. Securities and Exchange Commission’s former head of internet enforcement has warned that the newly unsealed Department of Justice (DOJ) filing should “signal the end of Binance.” Additionally, he noted that the SEC has heightened its legal action against the crypto exchange....
SEC Scores ‘Huge Victory’ in Binance-DOJ Settlements, Former SEC Official Says
25.11.2023
The U.S. Securities and Exchange Commission’s former head of internet enforcement has detailed why the SEC is a huge winner in the Binance settlements with the U.S. Department of Justice (DOJ), the Treasury, and other federal authorities. He stressed that what Binance has agreed to could...
SEC Enforcement Director: 'We're Not Concerned With the Labels' in Crypto Cases
16.6.2023
IRS Building ‘Hundreds’ of Crypto Cases — Official Says $7 Billion in Crypto Seized in 2022
8.11.2022
The Internal Revenue Service (IRS) is building “hundreds” of crypto cases to crack down on tax evasion, an official reportedly said. In the fiscal year 2022, the IRS Criminal Investigation Division seized about $7 billion in cryptocurrency, which was double the previous year’s...
Crypto News Summary: NEAR Wallet Users Jump from 2M to 20M, IRS Preparing 'Hundreds' of Crypto Cases, Top 10 Whitehats Made $42M
4.11.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Crypto News Summary: NEAR Wallet Users Jump from 2M to 20M, IRS Preparing 'Hundreds' of Crypto Cases, Top 10 Whitehats Made...
IRS prepares for an increase in crypto cases in the upcoming tax season
4.11.2022
The criminal investigation division of the IRS says it is preparing hundreds of crypto-related cases for the upcoming tax season
US and South Korea to Share Data on Crypto Cases, Including LUNA and UST Meltdown: Report
8.7.2022
The U.S. and South Korean governments have reportedly agreed to share data on ongoing crypto cases, including the case surrounding Terraform Labs CEO Do Kwon and the collapse of cryptocurrency terra (LUNA) and stablecoin terrausd (UST). U.S. and South Korea to Share Data on Crypto Investigations...