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Trickbot Ransomware Developer Behind $833M Crypto Theft Gets Prison Term
26.1.2024
Source: Pixabay/Pete Linforth A 40-year-old Russian developer of Trickbot ransomware has been sentenced to a five-year prison term, according to the US Department of Justice (DoJ). In a press release dated January 25, the DoJ identified the individual as Vladimir Dunaev from Amur Oblast, Russia....
Ex-Binance CEO Could Be Sentenced To 10 Years In Prison, According To DOJ
27.11.2023
Source: GeekWire/ Taylor Soper Binance founder Changpeng Zhao (CZ) could be sentenced to up to ten years in prison following his exchange’s historic legal settlement last week, according to a new filing from the Department of Justice (DOJ). The Justice Department’s statement comes amid ongoing...
US Prosecutors Urge Court to Keep Binance’s Ex-CEO in the Country Amid Flight Risk Concerns
24.11.2023
In the wake of the settlement between the U.S. Department of Justice and Binance, the world’s largest crypto exchange, federal authorities are insisting that the exchange’s former CEO, Changpeng Zhao (CZ), remain stateside until his sentencing in February 2024. Justice Department Seeks...
US Seizes $9 Million in Tether Allegedly Linked to Pig Butchering Crypto Scams
23.11.2023
The U.S. Department of Justice (DOJ) has seized $9 million in tether (USDT) allegedly linked to “pig butchering” crypto scams. The Justice Department explained that U.S. Secret Service agents and analysts tracked the laundering of victims’ crypto deposits through numerous...
CZ an ‘unacceptable risk of flight,’ should stay in US: DOJ
23.11.2023
U.S. prosecutors are pushing for CZ to stay in the country, saying they “would not be able to secure his return” if he’s allowed back to Dubai
Binance Settlements Could End Death-Spiral Fears – And Might Be Good News
22.11.2023
The crypto exchange Binance's expensive deal with U.S. prosecutors this week bears harsh consequences, but could mean a positive outlook for the company in the long term
New Binance CEO Says Exchange Has “Robust Revenues and Profits,” Hinting at Ability to Pay $4.3B Fines
22.11.2023
Image Source: Bloomberg New Binance CEO Richard Teng has hinted at the exchange’s ability to pay the $4.3 billion it has been fined by the US Justice Department. Teng, who was named CEO of Binance on Tuesday after Changpeng Zhao stepped down, said in a recent post on X (formerly Twitter)...
US Justice Department seizes 9M USDT amid $225M illicit funds frozen by Tether
21.11.2023
Officials reported the seizure was tied to an organization responsible for “pig butchering” romance scams
Binance Faces $4 Billion Demand From US Justice Department to Settle Criminal Case: Report
21.11.2023
Cryptocurrency exchange Binance is reportedly facing a $4 billion demand from the U.S. Department of Justice (DOJ) in order to settle a criminal case. The Justice Department has been investigating Binance on allegations related to money laundering, bank fraud, and sanctions violations. US DOJ Wants...
US Justice Dept. is reportedly ready to settle with Binance for $4 billion
20.11.2023
According to a report, an agreement to settle Justice Department charges against the company may be settled by the end of the month
Delaware authorities refer fake BlackRock XRP trust filing to state's Justice Department
14.11.2023
State authorities may be investigating the fake registration for a BlackRock “iShares XRP Trust” following a referral from Delaware's Division of Corporations
Ex-Deutsche Bank Investment Banker Faces Up to 30 Years in Prison for Crypto Fraud
21.9.2023
A registered broker and former investment banker with financial giant Deutsche Bank has pleaded guilty to defrauding investors into a fraudulent crypto fund. He is facing up to 30 years in prison and will be required to pay restitution of more than $1.5 million, according to the U.S. Justice...
Binance Renames Russian Bank Cards Amid US Sanctions Probe, Report
26.8.2023
Crypto exchange Binance has replaced the names of cards issued by Russian banks with colors, Russian media revealed amid reports of a U.S. investigation into potential sanctions violations. The changes concern the ruble exchange feature on Binance’s peer-to-peer platform. Russian Traders on Binance...
What will Bitcoin do if the Justice Department takes aim at Binance?
9.8.2023
If the U.S. DOJ indicts Binance executives on charges similar to those already issued by regulators, could it have an unusual effect on the cryptocurrency market in the year ahead?
First Mover Americas: Justice Department May Charge Binance With Fraud: Report
3.8.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for August 2, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
U.S. Justice Department Wants to Jail Sam Bankman-Fried
26.7.2023
A prosecutor said that "no set of release conditions can secure the safety of the community."
Today in Crypto: US Justice Department Revamps National Crypto Enforcement Team, Wormhole Releases Gateway Developed within Cosmos, Indonesia's Stock Market and Clearing House for Digital Assets Finally Operational
21.7.2023
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: Today in Crypto: US Justice Department Revamps National Crypto Enforcement Team, Wormhole Releases Gateway Developed within...
The US Department Of Justice Will Double Its Crypto Enforcement Teams To Combat Crimes
21.7.2023
The United States Department of Justice is set to expand its digital asset crime enforcement teams in the coming months as part of wider plans to reduce virtual-asset-related crimes.
In a speech delivered on July 20, at the Center for Strategic and International Studies, Nicole Argentieri,...
US Justice Department to double its crypto team, target ransomware crimes
21.7.2023
The National Cryptocurrency Enforcement Team, established in 2021, will be merged with the Computer Crime and Intellectual Property Section
Binance Reportedly Lays Off Over 1,000 Employees, CZ Says Exchange Is Hiring
15.7.2023
Leading crypto exchange Binance has cut hundreds of jobs after a string of executive exits, according to a media report. The news, which comes as the coin trading platform marks its sixth anniversary amid increased pressure from regulators, was termed as FUD by founder Changpeng Zhao who said...