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California Launches Crackdown on 11 Crypto Firms Accused of Operating Ponzi Schemes
28.9.2022
The California Department of Financial Protection and Innovation (DFPI) has cracked down on 11 cryptocurrency companies that are accused of violating California securities laws. Nine of the firms reportedly solicited funds from investors in order to trade cryptocurrencies on the customer’s...
South Korea Seizes $184 Million in Crypto Assets From Alleged Tax Dodgers, Reports Reveal
24.9.2022
The government in South Korea has seized cryptocurrency worth around $184 million in two years due to tax arrears, according to local media. The authorities in Seoul started confiscating virtual assets from people accused of tax evasion in 2021. Almost 260 Billion Won in Crypto Seized for...
Luna Founder Do Kwon Isn’t in Singapore, Police Say After South Korean Court Issues His Arrest Warrant
19.9.2022
Terraform Labs founder Do Kwon is not in Singapore, local police say. Accused of fraud after the collapse of cryptocurrencies luna and terrausd, he is wanted in South Korea after a court issued an arrest warrant for him. However, Kwon insists that he is not “on the run.” Police Say...
Alex Jones Accused of Channelling Infowars Bitcoin Donations Into his Own Accounts
16.9.2022
U.S. radio show host and conspiracy theorist Alex Jones has transferred donations made in bitcoin (BTC) and other cryptocurrencies to his flagship media outlet Infowars to his own pocket, according to a corporate representative for his business....
Read More: Alex Jones Accused of Channelling...
Wizards Of The Coast Go After Space RPG Accused Of 'Racist And Transphobic Content'
15.9.2022
Wizards of the Coast, the company that owns and runs Dungeons & Dragons, is taking the publisher behind a new sci-fi RPG to court in an attempt to halt the game’s release. They’re arguing not only does it infringe on D&D’s intellectual property rights, but that it contains “blatantly racist...
OFAC Sanctions 7 New Bitcoin Addresses Allegedly Associated With Iran-Related Ransomware Activities
14.9.2022
The Treasury’s Office of Foreign Asset Control (OFAC) has published a specially designated nationals list update (OFAC’s SDN List) that lists a number of individuals accused of being involved with Iran-related ransomware. The list further shows seven bitcoin addresses that...
Report: South Korean Prosecutors Issue Arrest Warrant for Terraform Labs CEO Do Kwon
14.9.2022
A warrant for the arrest of Do Kwon and five others has reportedly been issued by prosecutors in South Korea. The prosecutors allege that Kwon and his co-accused violated the country’s capital markets law. In addition to the arrest warrant, prosecutors will reportedly request an Interpol...
Accused 'shadow banker' Reggie Fowler seeks a 6-month sentencing delay
12.9.2022
The request quotes Fowler’s lawyer’s personal health issues and the necessity to obtain more material from Europe
GameStop Accused Of 'Wiretapping' Customers Without Their Consent
8.9.2022
A suit has been filed in California accusing games retailer and NFT clearance house GameStop of recording conversations that customers have with the company’s support service, then sharing “the secret transcripts of those wiretaps with a third party that boasts of its ability to harvest personal...
Russian Arrested for Defrauding Buyers of Mining Hardware Worth Over $300,000
5.9.2022
Police in the southern Russian city of Astrakhan have detained a man accused of defrauding people who wanted to purchase crypto miners. Law enforcement officials say the suspect made millions of rubles through fictitious sales of mining devices to Russian citizens and foreigners. Investigators...
British National Accused in OneCoin Scam Set to Face US Extradition: Report
31.8.2022
Christopher Hamilton, a Briton accused of money laundering and wire fraud in the $4 billion OneCoin scam, has lost his bid to avoid extradition to the United States on Tuesday. UK District Judge Nicholas Rimmer rejected Hamilton's defence that he should be tried in the UK since the fraud...
Latvian Extradited to US for Wire Fraud Involving Crypto Investments
28.8.2022
A Latvian national has been handed over to the United States where he is accused of fraud through several companies offering false crypto investment opportunities. Ivars Auzins will appear in a federal court in Brooklyn to face multiple charges of wire and securities fraud. Latvian Authorities...
Accused Bitfinex Bitcoin Money Launderer Heather ‘Razzlekhan’ Morgan Speaks for the First Time Since Her Arrest
24.8.2022
Following the federal judge’s decision to give the accused Bitfinex money launderer Heather Morgan permission to “engage in legitimate employment,” Morgan has broken her silence on social media. Morgan’s Twitter account dubbed “Heather ‘Razzlekhan’...
Dragon Ball Z Voice Actor Accused Of Sexual Harassment May Have To Pay More Legal Costs Now
19.8.2022
In 2019, embattled anime voice actor Vic Mignogna, accused of sexual harassment by several parties, filed a defamation lawsuit against former employer Funimation and several other voice actors. The court ruled against him in October of that year, prompting him to file an appeal. Yesterday, he...
Russian Accused of Laundering Cryptocurrency From Ransomware Attacks Extradited to US
18.8.2022
A Russian national suspected of laundering ransomware payments in cryptocurrency on behalf of cybercriminals targeting hospitals has been extradited to the U.S. by the Netherlands. The man was allegedly involved in the criminal activity for a period of three years before his arrest in Amsterdam...
Report: Celsius CEO Accused of Controlling Crypto Company’s Trading Scheme and Placing Bad Bets
17.8.2022
According to a recent report published on Tuesday, the Israeli-American founder and CEO of Celsius Network, Alex Mashinsky, was in charge of the company’s trading strategy. The report, citing multiple people familiar with the matter, said Mashinsky sold millions of dollars’ worth...
Crypto Exchange BTC-e Operator Vinnik Reportedly Denied Bail in US, Maintains Innocence
14.8.2022
Alexander Vinnik, the alleged owner and operator of the infamous cryptocurrency exchange BTC-e, has been found not eligible for release on bail in the United States, where he was recently transferred from Greece. The Russian, accused of large-scale money laundering through the now-defunct trading...
Belarus Issues International Arrest Warrant for Owner of Country’s ‘Largest Crypto Exchanger’
11.8.2022
Law enforcement officials in Minsk are seeking international assistance to locate and detain the man who ran what is said to be the biggest online exchanger for cryptocurrencies in Belarus. The crypto trader has been accused of tax evasion and an investigation against three of his accomplices...
Elon Musk Accuses Twitter of Fraud in Countersuit Over $44B Deal — Twitter Subpoenas Binance and Other Firms
7.8.2022
Tesla CEO Elon Musk has accused Twitter of fraud in his countersuit against the social media company. Twitter filed a lawsuit against the billionaire to force him to go through with the $44 billion deal to buy the platform. “The Musk parties bring their counterclaims for breach of contract...
Alleged BTC-e Operator Alexander Vinnik in US Custody After Immediate Extradition From Greece
6.8.2022
Russian IT specialist Alexander Vinnik, accused of owning and running the infamous crypto exchange BTC-e, has been handed over to the U.S. This week, Greek authorities proceeded with the extradition, after his return from France, despite Vinnik’s defense protesting the move and calling...