NY Court Charges Three Individuals Linked To $3 Million NFT Scam

The United States Attorney for the Southern District of New York announced the indictment of three UK nationals for the $3 million ‘Evolved Apes’ NFT (non-fungible tokens) scam. The suspects face charges of wire fraud and money laundering. дальше »

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New York AG Pushes Back Against DCG, Silbert’s Motion to Dismiss Fraud Case

New York Attorney General Letitia James is not backing down from her lawsuit against Digital Currency Group, its founder and CEO Barry Silbert, and Soichiro “Michael” Moro, the former CEO of DCG’s wholly-owned crypto trading arm, Genesis. дальше »

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New York Atty. General Goes After Crypto Crooks In $1 Billion Scam Bust

New York Attorney General Letitia James has filed a lawsuit against two crypto companies, NovaTech Ltd and AWS Mining Pty Ltd, alleging a staggering $1 billion scam. The lawsuit, targeting not just the companies but also their associates, paints a disturbing picture of religious manipulation and exploited trust within immigrant communities. Related Reading: Germans In […] дальше »

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NYAG sues crypto firms NovaTechFx and AWS Mining for alleged $1b fraud

New York AG Letitia James has sued crypto firms NovaTechFx and AWS Mining for allegedly defrauding over 11,000 individuals out of more than $1 billion in a pyramid scheme. New York Attorney General (NYAG) Letitia James filed a lawsuit on… дальше »

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NYAG Sues 2 Crypto Pyramid Schemes, Promoters Targeting Haitian-Americans in $1B Scam

New York Attorney General Letitia James has filed suit against two purported crypto companies and their top promoters, a married couple, for allegedly operating two consecutive pyramid schemes that predominantly targeted Haitian immigrants to the U.S. дальше »

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Bitcoin Advocate Michael Saylor Settles DC Tax Evasion Case for $40 Million

Michael Saylor, a prominent Bitcoin advocate, and his software company, MicroStrategy, have agreed to a $40 million settlement to resolve tax evasion charges levied by the District of Columbia (DC) attorney general. дальше »

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Bitcoin Bull Michael Saylor To Pay $40M And Settle Tax Fraud Lawsuit – Details

According to Bloomberg, Michael Saylor, the chairman of business intelligence software company MicroStrategy and a Bitcoin (BTC) bull, has agreed to pay $40 million to settle a tax fraud lawsuit.   The lawsuit, filed by the attorney general’s office in Washington, D. дальше »

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Michael Saylor and MicroStrategy settle $40 million tax fraud case without admission of guilt

Washington, D. C. Attorney General Brian Schwalb announced a historic $40 million tax fraud recovery settlement with Michael Saylor and his company, MicroStrategy, according to a June 3 press release. дальше »

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Disbarred California attorney pleads guilty to crypto Ponzi scheme

David Kagel has pled guilty to conspiring to operate a crypto Ponzi scheme that defrauded victims of more than $9.5 million. Disbarred 85-year old former attorney Kagel confessed to participating in a fraudulent crypto Ponzi scheme in which he and… дальше »

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Ex-FTX Executive Ryan Salame Gets 7.5 Years In Prison For His Role In FTX Implosion

The US Attorney Damian postulated that Salame, as one of the top officials at Alameda Research and co-CEO of FTX Digital Markets, colluded with others to illegally transmit customer funds and make confidential political donations. дальше »

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Pro-XRP Lawyer Insists ‘ETH Gate’ Not Just Conspiracy As CPAC Takes Action

In a post on social media, Bill Morgan, a leading pro-XRP attorney, reiterated allegations of biased regulatory practices by the Securities and Exchange Commission (SEC), accusing them of showing undue favoritism towards Ethereum at the expense of XRP. дальше »

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Former FTX exec Ryan Salame sentenced to 90 months in prison

Ryan Salame sentenced to 90 months in prison. Former FTX executive’s sentencing comes two months after former CEO Sam Bankman-Fried was sentenced to 25 years in prison. Former FTX executive Ryan Salame has been sentenced to 90 months in prison, the United States Attorney for the Southern District of New York Damian Williams has announced. дальше »

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New York AG Letitia James reaffirms strict stance against crypto misconduct

New York Attorney General Letitia James is warning the cryptocurrency industry: "Play by the same rules as everyone else."  дальше »

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Bankruptcy court approves NYAG, Genesis $2 billion settlement

The US Bankruptcy Court for the Southern District of New York has approved the $2 billion settlement between Genesis Global and the New York Attorney General and confirmed the Amended Plan of Reorganization for the defunct company and its subsidiaries. дальше »

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New York Attorney General concludes $2b Genesis settlement

The New York Attorney General Letitia James has reached a $2 billion settlement with Digital Currency Group subsidiary Genesis.  дальше »

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US senators challenge DOJ’s broad definition of crypto money transmitters

Two US lawmakers have opposed the Department of Justice’s (DOJ) attempt to expand the definition of a money-transmitting business. In a May 9 letter to US Attorney General Merrick Garland, Senators Cynthia Lummis and Ron Wyden argued that the DOJ’s broad interpretation could criminalize non-custodial crypto asset software services. дальше »

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U.S. Senators Question Justice Department's Pursuit of Crypto Mixers

A bipartisan pair of U.S. senators is questioning Attorney General Merrick Garland about the "unprecedented interpretation" of law the Department of Justice (DOJ) is using to pursue cryptocurrency software services as unlicensed money-transmitting businesses. дальше »

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SEC vs Ripple: Defense Attorney Exposes Sealed Documents

In the SEC vs Ripple case, sealed documents contain critical arguments. Ripple opposes a $2 billion penalty, suggesting $10 million instead, as the case may influence future crypto regulations. The post SEC vs Ripple: Defense Attorney Exposes Sealed Documents appeared first on BeInCrypto. дальше »

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The U.S. Government’s Hypocritical Case Against Tornado Cash

You would think the government would be against an online privacy service facilitating money laundering. But it actually created one of the best, says attorney Alexandra Damsker. дальше »

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Former Cred Executives Indicted on Wire Fraud, Other Charges

Daniel Schatt, a Cred co-founder and former CEO, Joseph Podulka, former CFO, and James Alexander, the former chief capital officer, were indicted by the U.S. Attorney's Office in the Northern District of California. дальше »

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US prosecutors investigate crypto transactions at Jack Dorsey’s Block

The U.S. Attorney's Office is examining the financial transactions of Jack Dorsey's Block. дальше »

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Warren calls on DOJ, NHS to crackdown on crypto payments for child sexual abuse material

US Senators Elizabeth Warren (D-Mass. ) and Bill Cassidy (R-La. ) are urging US authorities to crack down on the use of crypto in the illegal trade of child sexual abuse material (CSAM). The lawmakers raised the alarm in an April 26 bipartisan letter addressed to Attorney General Merrick Garland and Secretary of Homeland Security Alejandro Mayorkas. дальше »

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Warren Flags Crypto Ties to Child Sexual Abuse in Letter to DOJ, Homeland Security

Leading crypto critic U.S. Sen. Elizabeth Warren (D-Mass.) has asked U.S. Attorney General Merrick Garland what tools the federal government needs to crack down on the use of digital assets to perpetrate child sexual exploitation, according to a letter she sent to the top U.S. law-enforcement official. дальше »

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Pro-XRP lawyer to represent Coinbase customers in the legal battle with SEC

Pro-crypto attorney John Deaton seeks a chance to represent Coinbase’s 4,701 customers in the ongoing legal battle between the exchange and the US Securities and Exchange Commission. Deaton wants to speak on behalf of over 4,700 individuals who use Coinbase for their trading undertakings. дальше »

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$3.5m ‘cryptojacking’ case sees Nebraska man face up to 30 years in prison

A Nebraska man is looking at 30 years in prison in connection with a major cryptojacking scheme. According to an April 15 indictment from the United States Attorney’s office in Brooklyn, Charles O. Parks III, also known as “CP3O,” has… дальше »

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All Crypto Lost? Binance Users Can’t Retrieve Funds After Philippines SEC Ban

The recent ban on crypto exchange Binance has left many Filipino users wondering whether their holdings will be forever lost. In a recent interview, attorney Paolo Ong discussed the Philippines Securities and Exchange Commission (SEC)’s decision to ban the exchange and how it has affected its users. дальше »

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OneCoin’s legal chief sentenced 4 years for $4.4b crypto fraud

United States District Judge Edgardo Ramos has sentenced Irina Dilkinska, the ex-head of legal and compliance for the notorious OneCoin Ponzi scheme, to four years in prison. On April 3, the U.S. Attorney’s office announced the sentencing that follows Dilkinska’s… дальше »

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Crypto Status Is The US SEC’s Primary Target, Not XRP: Bill Morgan

Australia-based attorney Bill Morgan has revealed that the United States Securities and Exchange Commission’s (SEC) main target is crypto’s regulatory status in the ongoing legal dispute and not exclusively XRP. дальше »

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DOJ submits 52 victim statements ahead of Sam Bankman-Fried sentencing

The U.S. DOJ has submitted 52 victims' statements to the Attorney’s Office, as Sam Bankman-Fried is scheduled for sentencing on Thursday.  дальше »

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KCS dips on KuCoin criminal charges; investors turn to Mantle (MNT) and Kangamoon (KANG)

Over the past few days, the cryptocurrency market witnessed a significant shake-up as KuCoin and its co-founders face criminal charges from the United States Attorney’s Office for the Southern District of New York. дальше »

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Crypto Redemption: US Attorney’s Office Takes Action, Seeks Return Of $2.3M To 37 Scam Victims

In a recent development, the United States Attorney’s Office in Massachusetts has taken legal action to reclaim $2. 3 million in crypto assets and return it to 37 victims who fell prey to online scams and fraud. дальше »

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U.S. Attorney’s Office Files Civil Forfeiture Action to Return $2.3M in Crypto Tied to 37 Scam Victims

The United States Attorney’s Office in Massachusetts filed a civil forfeiture action on Wednesday aimed at returning $2.3 million in cryptocurrency to 37 victims of online scams and fraud. дальше »

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Craig Wright's Counsel Hits Back at COPA's Fraud Allegations in Closing Argument

Anthony Grabiner, Wright's attorney, hit back at COPA's argument that private signing sessions Wright hosted to prove he was the Bitcoin founder had been subverted, saying that no proof had been presented. дальше »

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DCG, Silbert deny NYAG allegations, move to dismiss $3 billion lawsuit

Digital Currency Group (DCG) and its CEO Barry Silbert have filed motions to dismiss the $3 billion fraud lawsuit filed by the New York Attorney General’s Office (NYAG), arguing that the allegations levied against them are “baseless innuendo. дальше »

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Digital Currency Group Counters Lawsuit: Moves To Dismiss NY Attorney General’s Allegations

According to a Fortune Magazine report, Digital Currency Group (DCG) has submitted a motion to the New York Supreme Court to dismiss a lawsuit filed against the company by New York Attorney General Letitia James. дальше »

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Silbert's DCG Challenges NYAG's Lawsuit as Baseless

Digital Currency Group (DCG) has filed motions to dismiss a lawsuit by the New York Attorney General дальше »

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Digital Currency Group submits request to cancel New York AG lawsuit

Digital Currency Group, its subsidiary Genesis Global Capital, and DCG's founder and CEO, Barry Silbert, filed motions to dismiss a lawsuit filed by the New York Attorney General. дальше »

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Pro-Crypto Lawyer Mulls Suing NYDFS Over Ripple’s XRP Removal From Greenlist

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Digital Currency Group Files for Dismissal of New York Attorney General’s Lawsuit

The crypto firm's boss, Barry Silbert, also filed a motion to dismiss the Attorney General’s accusation that he concealed losses at the firms and so cheated customers and investors. дальше »

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Pro-XRP Attorney John Deaton Formally Launches Senate Bid To Unseat Crypto ‘Hater’ Elizabeth Warren

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DCG files objection to Genesis, NYAG settlement

Digital Currency Group (DCG) has filed an objection to a recent settlement agreement between its bankrupt subsidiary, Genesis, and the New York Attorney General’s Office (NYAG). The objection, submitted on Feb. дальше »

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DCG files objection in bankruptcy court, calls out Genesis’ settlement subversive

Digital Currency Group (DCG) opposes the settlement between the New York Attorney General and Genesis. DCG filed a new application following an agreement with the prosecutor and Genesis, a bankrupt crypto lender that was one of DCG’s companies. Company executives… дальше »

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DCG Calls Out Subsidiary Genesis' Settlement With New York as 'Subversive'

Digital Currency Group (DCG) is objecting to the settlement between the New York attorney general and Genesis – the failed crypto lender that was among DCG's array of digital assets businesses. дальше »

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SEC crypto attorney departs for private firm

The SEC’s crypto and cyber litigation unit leader has resigned from the commission to join legal firm White & Case after contributing to lawsuits against two digital asset powerhouses.  дальше »

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Pro-XRP Attorney Deaton’s Potential Candidacy Worries Sen. Warren

US Senator Elizabeth Warren is reportedly mobilizing her donor base in response to the potential candidacy of pro-XRP attorney John E. Deaton, a staunch crypto advocate, for her Massachusetts Senate seat. дальше »

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Digital Currency Group Accused of $3 Billion Crypto Fraud

NY Attorney General Letitia James accuses Digital Currency Group and affiliates of a massive $3 billion crypto fraud, impacting over 230,000 investors, highlighting the need for stricter regulations. дальше »

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No 'restart' for FTX, but customers will be 'fully' repaid: Attorney

FTX has decided to end its revival efforts Repayment controversies and celebrity legal woes highlight crypto-market risks FTX has announced the cessation of its efforts to revive the exchangThe post No 'restart' for FTX, but customers will be 'fully' repaid: Attorney appeared first on AMBCrypto. дальше »

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XRP Lawyer Named Lawyer of the Year

In legal David-and-Goliath tale, John Deaton, personal injury attorney turned cryptocurrency advocate, secures spotlight as he is named Lawyer of the Year for his pivotal role in SEC v. Ripple lawsuit дальше »

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KuCoin to leave New York pays $22 million settlement

KuCoin's settlement with New York Attorney sends a strong message to the crypto industry about the importance of regulatory compliance. дальше »

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KuCoin Banned from Doing Business by NY AG

New York Attorney General Letitia James has ordered KuCoin to cease operations in New York and pay over $22 million for operating without proper registration дальше »

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