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Israeli Police Accuse Crypto Businessman Moshe Hogeg of $290 Million Fraud
25.8.2023
Following a two-year long investigation, police have alleged that Israeli tech entrepreneur Moshe Hogeg defrauded investors of $290 million. Hogeg and several of his partners are accused of spending the money they collected from Israeli and foreign investors for crypto ventures to lead...
Tornado Cash indictment fails to show 'clear violation' of certain laws: Coin Center
24.8.2023
Coin Center research director Peter Van Valkenburgh argued that crypto mixer Tornado Cash is an anonymizing software provider, not a money transmitter
Crypto entrepreneur faces potential prosecution in Israel related to $290M scam: Report
23.8.2023
The police force of Israel reportedly recommended to prosecutors that Moshe Hogeg be charged with fraud, theft, money laundering, and sex crimes
OpenSea manager accused of insider trading sentenced to 3 months in prison, $50K fine
22.8.2023
Nathaniel Chastain will reportedly have until Nov. 2 to surrender himself following his conviction for wire fraud and money laundering related to insider trading on OpenSea
UK crypto businesses to comply with FATF Travel Rule beginning in September
17.8.2023
The U.K. passed legislation in 2022 to make it one of the few countries in compliance with the extension of the Travel Rule to crypto
Scam Money Is Laundered via Crypto Exchanges — Australian Regulator
17.8.2023
A significant portion of scam money is getting laundered through cryptocurrency exchanges, the CEO of the Australian Banking Association has alleged. The Australian Financial Crimes Exchange said as much as 47% of all fraud and financial scam proceeds in the country are washed on crypto exchange...
Latest superseding indictment against Sam Bankman-Fried includes campaign finance allegations
14.8.2023
The U.S. Justice Department dropped a campaign finance violations charge on Sam Bankman-Fried's indictment in July, but said it will consider the alleged scheme in other counts
Sam Bankman-Fried will 'return to his depression' without access to medication, say defense lawyers
14.8.2023
According to Sam Bankman-Fried's legal team, he was "only able to bring a small supply” of ADHD medication and antidepressants to jail following the judge revoking his bail
Judge orders Sam Bankman-Fried's bail revoked following allegations of witness intimidation: Report
11.8.2023
Judge Lewis Kaplan reportedly cited SBF's alleged attempts to influence or intimidate witnesses in the criminal case including a former FTX US general counsel and Caroline Ellison
Sam Bankman-Fried jailed as judge revokes bail
11.8.2023
Sam Bankman-Fried was reportedly led out of a New York courtroom in handcuffs after alleged attempts to influence or intimidate witnesses in his criminal case
Alex Mashinsky faces electronic monitoring while on bail, judge signs off on protective order
10.8.2023
Prosecutors and defense lawyers agreed to a bail modification having the former Celsius CEO under electronic monitoring and largely be restricted from moving funds over $10,000
Canadian Police Unit Utilizes Chainalysis Blockchain Forensics for Cryptocurrency Investigations
9.8.2023
Officials in law enforcement from Lethbridge, situated in the province of Alberta, Canada, have unveiled that the Lethbridge Police Service (LPS) is now utilizing Chainalysis blockchain forensics software. According to local reports, LPS has acquired the capacity to trace cryptocurrency...
Former FTX exec Ryan Salame and US prosecutors are discussing a plea deal: Report
8.8.2023
It's unclear whether any reported guilty plea from Ryan Salame would have the former FTX Digital Markets co-CEO testify at Sam Bankman-Fried's trial in October
Prosecutors will still consider Sam Bankman-Fried's alleged campaign finance scheme at trial
8.8.2023
Rather than reinstating a count on campaign finance violations to SBF’s indictment, the Justice Department said it will consider the evidence as part of a wire fraud charge
Hong Kong securities regulator warns of ‘criminal’ activity by unlicensed exchanges
7.8.2023
Under the Securities and Futures Commission’s licensing regime, which started June 1, crypto firms offering services or operating in Hong Kong must comply with new requirements
Individual charged with money laundering admits to hacking Bitfinex in 2016: Report
3.8.2023
The identity of the hacker or hackers behind an exploit which removed more than 100,000 Bitcoin from Bitfinex in 2016 had only been the subject of speculation until Aug. 3
US DoJ is concerned about a run on Binance should prosecutors bring fraud charges: Report
2.8.2023
Officials reportedly speculated an indictment against Binance in the U.S. could cause a run on the exchange similar to what happened with crypto exchange FTX in November 2022
German government watchdog launched Worldcoin probe in November 2022: Report
31.7.2023
Authorities in the United Kingdom and France have also reportedly cited concerns over Worldcoin's data collection methods, which involve collecting iris scans from users
Top 5 South Korean Crypto Exchanges Reveal Compliance Strategies to Curb Illicit Activities
28.7.2023
According to a statement published by the South Korean Financial Services Commission (FSC), the entity’s Korea Financial Intelligence Unit held a meeting with virtual asset service providers (VASPs) in order to strengthen regulatory compliance. The top five South Korean cryptocurrency...
Judge warns Sam Bankman-Fried to ‘take it seriously’ as prosecutors push to revoke bail: Report
26.7.2023
Assistant U.S. Attorney Danielle Sassoon reportedly said SBF made roughly 100 calls to a reporter behind The New York Times story that revealed Caroline Ellison’s private journals