U.S. DOJ Reportedly Wants Shocking $4 Billion From Binance To Drop Criminal Charges

The United States Justice Department is seeking more than $4 billion from Binance Holdings Ltd. as part of a deal to resolve investigations into alleged multiple criminal violations by the world’s biggest cryptocurrency exchange and its co-founder.

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Endgame For Binance? US DOJ Seeks $4 Billion Settlement, CZ Braces For Charges

In a significant development, the US Department of Justice (DOJ) is reportedly pursuing a resolution with Binance, the world’s largest cryptocurrency exchange by trading volume.  According to Bloomberg, negotiations between the two parties include the potential for Binance founder Changpeng Zhao, also known as CZ, to face criminal charges as part of the agreement.  The […]

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Binance And Tether Accused By Lawmakers: DOJ Investigation Requested For Illicit Finance

In a recent development, US lawmakers have urged the US Department of Justice (DOJ) to initiate a criminal investigation into cryptocurrency exchange Binance (BNB) and stablecoin issuer Tether (USDT).

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New UK legal aid scheme omits crypto as liquid asset

UK citizens hoping to access legal aid through the proposed Help with Fees (HwF) scheme will not have cryptocurrency assets classified as disposable income. A new report from the UK Ministry of Justice includes commentary in response to a public…

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Chinese Firms Used Crypto Payments to Run Fentanyl Network, U.S. Claims in Charges

The U.S. Department of Justice (DOJ) targeted several Chinese businesses and their employees Tuesday in the latest round of charges tied to production and trafficking of fentanyl – a network that depended on cryptocurrency payments, according to authorities.

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Mastermind Behind Massive Crypto Ponzi Scheme AirBit Club Receives 12-Year Prison Sentence

In a landmark verdict, Pablo Renato Rodriguez, the co-founder of AirBit Club, has been sentenced to 12 years in prison by US District Judge George B. Daniels.   According to the US Department of Justice (DOJ), Rodriguez, along with his co-conspirators, masterminded a sprawling global pyramid scheme that defrauded investors of millions of dollars through false promises of cryptocurrency trading and mining profits.

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Binance And CEO ‘CZ’ On The Brink Of Criminal Charges In DOJ Investigation?

Binance, one of the largest cryptocurrency exchanges, faces mounting challenges as it navigates a complex legal landscape with the US Department of Justice (DOJ).   According to a report by The Wall Street Journal, Binance’s empire is “under threat,” leading to significant consequences for the crypto industry as a whole.

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Ripple CEO Celebrates "Summer of Justice" as Legal Tides Turn Against SEC

Ripple CEO Brad Garlinghouse has dubbed this season a "Summer of Justice" for the cryptocurrency industry

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Tornado Cash developer granted bail in US

Tornado Cash developer Roman Storm has been granted bail, as confirmed by his attorney, Brian Klein.  Storm, the co-founder of the cryptocurrency mixing service Tornado Cash, was apprehended by the United States Department of Justice (DOJ) on charges including money…

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FTX Debtors Pivot: Revised Settlement Proposal Emerges Amid US Trustee Objection

In a recent court filing on Sunday, bankrupt cryptocurrency exchange FTX disclosed that it had revised its motion for settlement after facing objections from the US Trustee.  Despite criticizing the US Department of Justice (DOJ) representatives for intervening in what they considered a routine settlement process safeguarded by two creditor committees, FTX debtors acknowledged the […]

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What will Bitcoin do if the Justice Department takes aim at Binance?

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?

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U.S. Department of Justice weighing Binance criminal charges against risk of market panic: Report

Semafor reports today that U. S. Department of Justice (DOJ) officials are deliberating potential fraud charges against the cryptocurrency exchange giant, Binance, but have concerns over protecting American investors already participating in crypto markets, citing sources familiar with the matter.

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Binance's Nightmare: DOJ Mulls Fraud Charges

The U.S. Department of Justice (DOJ) ponders fraud charges against Binance, the world's biggest cryptocurrency exchange

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Only In Crypto: Bankrupt 3AC Founders Launch ‘Justice’ Token Targeted At Terra (LUNA) Whistleblower

The controversial founders of now-bankrupt cryptocurrency hedge fund Three Arrows Capital (3AC), Zhu Su and Kyle Davies, have announced the launch of a new ‘Justice’ token, targeted specifically at the whistleblower who outed Terraform Labs.

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US Authorities Drop Charges Against SBF Involving Campaign Finance Funds

In the latest court filing, the United States Department of Justice (DoJ) announced its decision to withdraw the campaign finance charge against Sam “SBF” Bankman-Fried, the founder and former CEO of the bankrupt cryptocurrency exchange FTX.

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US Justice Department Increases Focus On Crypto Crime With New Enforcement Team

Per a Wall Street Journal report, the U. S. Department of Justice is redesigning its National Cryptocurrency Enforcement Team (NCET), a unit created nearly two years ago to investigate cryptocurrency-related crimes.

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US DOJ to double its crypto team, target ransomware crimes

The U.S. Department of Justice (DOJ) promises to significantly increase the pool of available prosecutors to probe into illicit activities tied to cryptocurrencies. Department of Justice representative Nicole Argentieri announced that the National Cryptocurrency Enforcement Team (NCET) would be integrated…

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Sam Bankman-Fried Accused of Leaking Ellison’s Docs to NYT: US DOJ

Sam Bankman-Fried (SBF), the founder and ex-CEO of the fallen cryptocurrency exchange FTX, is now faced with an accusation by the U.S. Department of Justice (DoJ). He is alleged to...

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US DOJ moves Silk Road-linked Bitcoin (BTC) worth over $300M

Block explorer data indicates that two wallets (belonging to the Department of Justice and connected to the Silk Road cryptocurrency seizure) have moved Bitcoin worth approximately $301 million (9,825 BTCs) in three different transactions early today (12 July 2023).

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Crypto Thief Busted: DOJ Files Charges Against 25-Year-Old For OpenSea NFT Heist

The United States Department of Justice (DOJ) announced on July 10 the unsealing of a four-count indictment against Soufiane Oulahyane for a scheme to impersonate the OpenSea marketplace to obtain unauthorized access to cryptocurrency and non-fungible tokens (NFTs).

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U.S. Department of Justice Arrests Engineer Over $9M Crypto Theft

The U.S. Department of Justice arrested a security engineer on wire fraud charges, alleging he stole $9 million worth of crypto from an unnamed decentralized cryptocurrency exchange.

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Bittrex Gets Green Light: Court Order Allows Withdrawals Starting June 15

On June 15, clients of the United States division of the bankrupt cryptocurrency exchange Bittrex will be able to withdraw their assets, following a court ruling by a Delaware bankruptcy court.  The exchange had declared bankruptcy in May, but the United States Justice Department had opposed Bittrex’s efforts to restore customer access to their assets, […]

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U.S. DOJ Unveils Identities of Mt. Gox Hackers

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Binance Scandal Escalates As Former SEC Official Reveals Secret DOJ Indictment

Former Securities and Exchange Commission (SEC) official John Reed Stark has recently suggested that the US Department of Justice (DOJ) will likely file, or may have already filed under seal, a criminal indictment against cryptocurrency exchange Binance for alleged money laundering.

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US DoJ Indicts Two Russians for Hacking Mt. Gox Crypto Exchange

The U. S. Department of Justice (DoJ) has unveiled charges against two Russian individuals accused of orchestrating a cyber attack that led to the collapse of Mt. Gox, a prominent cryptocurrency exchange.

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Mt. Gox Suspects Charged: Russian Nationals Indicted by DOJ

Alexey Bilyuchenko, 43, and Aleksandr Verner, 29, both Russian nationals, have been charged by the U.S. Department of Justice in connection with the 2011 hacking of prominent cryptocurrency exchange Mt....

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Breaking: DOJ Takes Down Mt. Gox Hackers For Multi-Million Dollar Crypto Theft

The United States Department of Justice (DOJ) has announced the unsealing of charges related to the 2011 hack of the crypto exchange Mt. Gox and the operation of the illicit cryptocurrency exchange BTC-e.

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DOJ charges Nevada man involved in $45M CoinDeal crypto scheme

The U. S. Department of Justice (DOJ) charged a Nevada man for his participation in a cryptocurrency scheme called CoinDeal on May 19. The DOJ said that Nevada resident Bryan Lee conspired with CoinDeal leader Neil Chandran to defraud investors through Chandran’s companies.

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FT: US Department of Justice’s Crypto Enforcement Director Vows to Take Strict Action Against Unlawful Activities on Cryptocurrency Exchanges

The US Department of Justice’s Crypto Enforcement Director has made a firm commitment to crack down on illicit behavior occurring on cryptocurrency exchanges, according to a report by the Financial Times.

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US DOJ to suppress illicit crypto exchange activity, official says

The United States Department of Justice (DOJ) is trying to crack down on cryptocurrency platforms amid highly volatile market conditions. According to Eun Young Choi, the tsar’s National Cryptocurrency Enforcement Team (NCET) director, the DOJ is trying to scrutinize cryptocurrency…

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DOJ Chief Targets Crypto Mixers and Exchanges to Curb Money Laundering

The Department of Justice head of the National Cryptocurrency Enforcement Team has ordered measures against crypto mixers and exchanges. The post DOJ Chief Targets Crypto Mixers and Exchanges to Curb Money Laundering appeared first on BeInCrypto.

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US Justice Department investigating Binance for violating Russian sanctions: Report

The DOJ’s national security and crime divisions are both looking at the cryptocurrency exchange’s provision of services to Russians, Bloomberg reports.

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US DOJ investigating Binance for potential violations of Russian sanctions

DOJ’s national security division is investigating Binance. Binance is accused of enabling Russians to circumvent US sanctions. The inquiry is focusing on both Binance and its officials. Binance, the largest cryptocurrency by trading volume, is under investigation by the US Department of Justice (DOJ) for potential violations of Russian sanctions.

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Hong Kong court recognizes crypto as property in Gatecoin case

The Hong Kong legal and justice system has made a landmark ruling by recognizing cryptocurrency as property that can be “held on trust. ” The decision was reached in a lawsuit involving the now-defunct crypto exchange Gatecoin.

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Binance Backs US Authorities in Seizing Over $100M Tied to Crypto Investment Scams

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Crypto Investment Schemes Shut Down As DOJ Seizes $112 Million

Crypto enthusiasts, rejoice! The US Department of Justice (DOJ) has struck a massive blow to fraudulent cryptocurrency investment schemes, seizing a whopping $112 million in virtual currency.  According to the DOJ’s official statement, the agency has successfully put an end to these illicit activities and saved countless individuals from losing their hard-earned money. This news […]

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US authorities seize over $112 million linked to crypto scam schemes 

The US Department of Justice has closed six cryptocurrency accounts with roughly $112 million. The wallets are reportedly linked to Arizona, California, and Idaho crypto scam schemes. Arizona, California, and Idaho-based scam crypto investment scheme orchestrators have hit a brick…

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DOJ seizes $112M tied to cryptocurrency schemes

The United States Department of Justice (DOJ) said in a April 3 announcement that it has seized $112 million worth of digital assets tied to crypto investment scams. The post DOJ seizes $112M tied to cryptocurrency schemes appeared first on CryptoSlate.

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Cryptocurrency Fraudsters Busted: DOJ Seizes Millions in Crypto

In a significant crackdown on cryptocurrency fraud, the Department of Justice (DOJ) has seized an estimated $112 million connected to various investment scams

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DOJ shuts down ChipMixer over $3B of cryptocurrency money laundering

The United States Department of Justice (DOJ) has shut down the Bitcoin mixing service ChipMixer, as announced in a statement on March 15. The post DOJ shuts down ChipMixer over $3B of cryptocurrency money laundering appeared first on CryptoSlate.

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Silvergate Under DOJ Investigation for Alleged Money Laundering Through FTX

Silvergate Bank, the crypto lender that recently received a $200 million investment from Peter Thiel’s Founders Fund, is under investigation by the United States Department of Justice (DOJ) for its dealings with cryptocurrency exchanges FTX and Alameda Research The post Silvergate Under DOJ Investigation for Alleged Money Laundering Through FTX appeared first on BeInCrypto.

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US DoJ takes down Hive ransomware website

The United States Department of Justice (DOJ) on Jan. 26 finally caught up with the notorious Hive cryptocurrency ransomware gang.

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Binance Reportedly Facilitated Transactions Worth $346M for the Russian Exchange Bitzlato

The world’s leading cryptocurrency exchange is in hot water for allegedly facilitating the transactions for Bitzlato, recently the subject of a Department of Justice (DoJ) investigation. The post Binance Reportedly Facilitated Transactions Worth $346M for the Russian Exchange Bitzlato appeared first on BeInCrypto.

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Justice Department Announces Capture of Russian Exchange Bitzlato, Arrests Founder

The Department of Justice (DoJ) has announced that Russian cryptocurrency exchange Bitzlato founder Anatoly Legkodymo has been arrested in Miami for running an illegal operation. The post Justice Department Announces Capture of Russian Exchange Bitzlato, Arrests Founder appeared first on BeInCrypto.

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Co-Founder of OneCoin Pyramid Scheme Pleads Guilty; ‘CryptoQueen’ Still Wanted

One of the founders behind OneCoin pleaded guilty to federal U.S. charges on Friday after one of the largest financial scams of all time, according to the Department of Justice. The purported cryptocurrency project was fraudulent from its 2014 beginnings, prosecutors said, with OneCoin – co-founded by Karl Greenwood – setting up a pyramid scheme to market it to millions of people, generating as much as $4 billion in revenue.

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U.S. Justice Department Split Over Decision To Charge Binance In Criminal Investigation

Justice officials are reportedly deciding whether they have sufficient evidence to bring charges against the world’s largest cryptocurrency exchange.

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Delaware Investor Protection Unit Nabs 23 Crypto “Pig Butchering” Scammers

The Investor Protection Unit of the Delaware Department of Justice has issued a summary order against 23 crypto projects and individuals. The cease-and-desist order was issued to establishments involved in a cryptocurrency scam known as the “pig butchering scam.” The…

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2 California Men Sentenced to Prison for $1.9M Crypto Grift

Two Orange County, California men were sentenced to prison on Monday for operating a cryptocurrency scam that swindled over 2,000 investors out of a collective $1.9 million, according to the Department of Justice.

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U.S. Government Launches First Crypto Sanctions Evasion Case

The U.S. Department of Justice has launched its first-ever case involving the use of cryptocurrency to evade sanctions. Defendant Operated Payments Platform The U.S. government is set to bring charges...

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