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US Indicts Two in $260M Bitcoin Heist and Laundering Scheme
23.9.2024
Two individuals have been arrested for orchestrating a large-scale cryptocurrency heist, stealing over 4,100 bitcoins. Their complex laundering operation involved using multiple mixers and VPNs to cover their tracks. With the stolen funds, they lived lavishly, buying luxury cars and other high-end...
FTX’s Ryan Salame Seeks to Void Guilty Plea, Citing Government’s Alleged Breach of Plea Agreement
23.8.2024
Ryan Salame, a former executive at the now-defunct cryptocurrency exchange FTX, has filed a motion to withdraw his guilty plea in federal court. Salame claims that prosecutors breached an agreement that led him to plead guilty by resuming an investigation into his domestic partner, Michelle Bond....
Digitex Founder Pleads Guilty to Failure in Anti-Money Laundering Program Implementation
8.5.2024
The U.S. Attorney’s Office for the Southern District of Florida said Todd pleaded guilty to “willfully causing” Digitex to violate the Bank Secrecy Act.
The post Digitex Founder Pleads Guilty to Failure in Anti-Money Laundering Program Implementation appeared first on Cryptonews
Brooklyn District Attorney Seizes 21 Web Domains Linked to ‘Pig Butchering’ Scams
5.4.2024
The Brooklyn District Attorney's office has seized 21 web domains associated with fraudulent cryptocurrency investments.
The post Brooklyn District Attorney Seizes 21 Web Domains Linked to ‘Pig Butchering’ Scams appeared first on Cryptonews
IcomTech Ponzi Scheme Promoters Convicted in New York, Facing Two Decades in Prison
18.3.2024
David Brend and Gustavo Rogriguez, promoters of the fraudulent crypto mining and trading facility IcomTech, have been found guilty of conspiracy to commit wire fraud by a New York jury, a Friday press release from the United States Attorney's Office for the Southern District of New York states.
The...
Tether Assists US Government in Seizing $1.4 Million From Unhosted Wallet
15.3.2024
Tether, the company behind the issuance of USDT, the largest stablecoin in the cryptocurrency market, announced that it helped the U.S. government to seize $1.4 million linked to an alleged fraud scheme. According to the Northern District of Illinois U.S. Attorney’s Office, the seizure marks...
U.S. Attorney’s Office Files Civil Forfeiture Action to Return $2.3M in Crypto Tied to 37 Scam Victims
13.3.2024
The United States Attorney’s Office in Massachusetts filed a civil forfeiture action on Wednesday aimed at returning $2.3 million in cryptocurrency to 37 victims of online scams and fraud
Tether Assists US DOJ and FBI in Seizure of $1.4 million dollars USDT in Stolen Funds
12.3.2024
The U.S. Attorney's Office announced the seizure of approximately $1.4 million in Tether (USDT) on March 8, suspected to be proceeds from a fraudulent customer support scam.
The post Tether Assists US DOJ and FBI in Seizure of $1.4 million dollars USDT in Stolen Funds appeared first on Cryptonews
Request Made for Binance’s Changpeng Zhao to Surrender Passports Before Sentencing
24.2.2024
The United States Attorney's Office has made a formal request to a federal judge seeking additional travel restrictions for Changpeng Zhao, commonly known as CZ, the former CEO of Binance.
The post Request Made for Binance’s Changpeng Zhao to Surrender Passports Before Sentencing appeared...
Digitex CEO Charged for Illegally Operating Crypto Futures
14.2.2024
Digitex crypto futures exchange CEO Adam Colin Todd willfully failed to include adequate anti-money-laundering (AML) program, Florida federal court alleged. The US Attorney’s Office for the Southern District of Florida said in a statement Tuesday that the offender “willfully caused Digitex Futures...
CEO of Bank Involved In Pig Butchering Scheme Charged With Embezzling $47 Million
13.2.2024
In a startling breach of trust, the CEO of Heartland Tri-State Bank is facing charges for orchestrating an embezzlement of $47 million. The high-profile case came to light following revelations that the bank played a central role in a sophisticated ‘pig butchering’ scheme, according...
CEO of Crypto Ponzi Scheme IcomTech Handed Five-Year Sentence
22.1.2024
The CEO of a large-scale crypto Ponzi scheme known as IcomTech has been sentenced to five years in prison and ordered to forfeit $914,000 in criminal proceeds. On January 19th, the U.S. Attorney’s Office, Southern District of New York, issued a press release stating that Marco Ruiz Ochoa...
OneCoin’s Head of Legal and Compliance Pleads Guilty To Wire Fraud and Money Laundering Charges
9.11.2023
Source: Pixabay OneCoin’s legal chief pleaded guilty to money laundering and wire fraud charges, according to a statement released today from the U.S. Attorney’s Office for the Southern District of New York. Bulgarian national Irina Dilkinska, 42, faces up to 10 years in prison for her role...
AirBit Club 'ponzi' co-founder gets 12 years prison
27.9.2023
Convicted fraudster Pablo Renato Rodriguez will also need to serve three years of supervised release after he finishes his 12 year imprisonment sentence
US Attorney's Office announces charges against former Celsius CEO Alex Mashinsky
13.7.2023
Authorities said they had reached a “non-prosecution agreement” with Celsius, but former CEO Alex Mashinsky will face criminal charges related to fraud and misleading users
FBI searched Kraken co-founder's home in March: Report
7.7.2023
Electronic devices were seized from former Kraken CEO Jesse Powell’s Los Angeles home in connection to a non-crypto-related investigation into alleged hacking and cyberstalking
FTX former lead engineer in talks with federal prosecutors in Bankman-Fried case
10.1.2023
A third former FTX-linked executive is reportedly considering providing evidence against Sam Bankman-Fried in an attempt for a more lenient sentence
Manhattan District Attorney's Office probes FTX collapse: Report
14.11.2022
A source with knowledge of the investigations reportedly said New York authorities were looking into the collapse of FTX following the firm declaring bankruptcy on Nov. 11
Manhattan US Attorney's Office Opens Probe Into FTX Collapse: Reuters
14.11.2022
The investigation is one of several probes into the now-bankrupt company's operations
Manhattan District Attorney Freezes $1.3 Million in Crypto — Seeks to Return Funds to Fraud Victims
14.11.2022
Manhattan District Attorney (DA)’s Office has frozen more than $1.3 million in cryptocurrency “during fraud investigations conducted over the past ten months.” The authority said: “We are returning that money to the victims of these schemes — while raising awareness...