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Nalezeno "DoJ": 615

US Resident Operated Illegal Bitcoin Exchange Business – Faces 25 Years in Jail

2.2.2021
An Ontario man based in San Bernardino County of the U.S. has agreed to plead guilty to federal charges of illegally operating a bitcoin to cash exchange business. According to the U.S. Department of Justice (DOJ), the man, Hugo Sergio Mejia, 49, operated the unregistered exchange business between...

Crypto Fund Manager Charged in $5M Ponzi Scheme, Facing up to 30 Years in US Prison

30.1.2021
A cryptocurrency fund manager has been charged in a U.S. federal court. He allegedly took over $5 million from investors interested in investing in his crypto funds, promising them high returns. In reality, he was running a Ponzi scheme and is now facing up to 30 years in prison. Crypto Fund...

International Operation Disrupts Ransomware Group Netwalker by Tracing Cryptos With the Help of Blockchain Analysis

29.1.2021
In collaboration with Bulgarian authorities, the U.S. Department of Justice (DOJ) disrupted a well-known ransomware gang’s infrastructure. Law enforcement seized their servers and traced the illicit funds with the help of blockchain forensic analytics via Chainalysis. US Authorities Seized...

US Court Sentences ICO Fraudster to 6 Months in Jail: Orders the Accused to Pay Over $4 Million in Restitution

29.1.2021
A U.S. court has sentenced Jerry Ji Guo, a resident of San Francisco, to an effective six months in prison for his role in a fraudulent initial coin offering (ICO). In addition to the prison term, the court ordered Guo to pay over $4 million in restitution. Further, Guo will also cooperate with...

DoJ, Chainalysis work to break up ransomware network that targets hospitals

27.1.2021
The Department of Justice has seized half a million dollars in crypto from NetWalker, in an operation that also involved Bulgarian authorities

US Man Sentenced to Prison for Embezzling $20M of ICO Investors’ Funds

27.1.2021
San Francisco-based Jerry Guo represented himself to clients as an ICO consultant, then embezzled funds now worth over $20 million

Mastermind of $147 Million Crypto ‘Scam of Epic Proportions’ Sentenced to 10 Years in US Prison

13.1.2021
The mastermind of what the U.S. Department of Justice calls a scam of “epic proportions” has been sentenced to 10 years in prison. His crypto scheme collected over $147 million, duping 72,000 investors. He is also ordered to pay the U.S. Internal Revenue Service more than $1.8 million...

Visa and Plaid Abandon Acquisition Plans Over DOJ Antitrust Concerns

12.1.2021
The Department of Justice announced Tuesday that the $5.3 billion deal was off

Visa abandons $5.3B Plaid acquisition in the face of DoJ antitrust suit

12.1.2021
The Justice Department's November suit has reversed the planned merger

Localbitcoins Trader Facing up to 40 Years in Prison Over Bitcoin Fraud Schemes

24.12.2020
A trader on Localbitcoins and Paxful has pleaded guilty to charges in connection with a couple of bitcoin scams. The U.S. Department of Justice alleges that the trader knowingly sold bitcoin to victims of fraudulent schemes. Bitcoin Trader Facing Jail Time The U.S. Department of Justice (DOJ)...

FBI to reform virtual currency practices following DoJ recommendations

19.12.2020
The DoJ thinks the FBI needs to shape up when it comes to its cryptocurrency support teams

Mastermind of $25 Million Crypto Debit Card Scheme Sentenced to Prison

18.12.2020
The mastermind behind a $25 million cryptocurrency debit card scheme has been sentenced to one year and one day in prison, in addition to three years of supervised release. The authorities have also seized his cryptocurrency. $25 Million Crypto Credit Card Scheme The U.S. Department of Justice...

With Bill Barr leaving the DoJ, what will the next Attorney General do about crypto?

15.12.2020
Attorney General William Barr tendered his resignation to President Trump last night, opening up the conversation as to how a Biden-appointed successor will handle crypto

Crypto Founder Faces 10 Years in Prison Over Millions of Dollars in Exit Scam Without Paying Taxes

13.12.2020
A cryptocurrency founder has been arrested and is facing up to 10 years imprisonment for tax evasion after running an exit scam. He allegedly made millions of dollars from his cryptocurrency and used an elaborate scheme to avoid paying taxes. Crypto Founder Exit Scams, Caught for Tax Evasion...

Architect of DoJ's crypto framework will no longer be leading their policy-making

11.12.2020
Major figure in Justice Department's cyber work is out from the policy office, but no word on where she's heading next

Man Jailed for Role in $25 Million Ponzi Scheme Involving a Failed Crypto

10.12.2020
A South Florida federal district judge has sentenced Jose Angel Aman to 84 months in prison for his role in perpetrating a $25 million diamond Ponzi scheme. In addition, the judge ordered Aman to pay over $23 million in restitution to victims who invested in his diamond cutting business and...

Mastermind of Bitcoin Mining Ponzi Scheme Extradited to the US: $20 Million in Victims’ Funds Laundered

1.12.2020
The US government says it has extradited Gutemberg Dos Santos, the co-founder of the Airbit Club Ponzi scheme from Panama and he now awaits his trial in a Manhattan court. Dos Santos is facing charges relating to his role in perpetuating a “cryptocurrency” scam which defrauded victims...