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

183 +

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.

139 +

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.

304 +

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.

86 +

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.

196 +

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.

207 +

FTX’s Gary Wang and Alameda’s Caroline Ellison plead guilty to DOJ charges

FTX co-founder Gary Wang and former Alameda Research CEO Caroline Ellison have both pleaded guilty to several charges related to their role in the eventual collapse of cryptocurrency exchange FTX.

86 +

US DOJ Seizes 7 Seven Domain Names Used in “Pig Butchering” Crypto Schemes

166 +

Mining Capital Coin CEO accused of $62M investment fraud scheme

“Capuci operated a fraudulent investment scheme and did not use investors’ funds to mine new cryptocurrency, as promised, but instead diverted the funds to cryptocurrency wallets under his control,” the DOJ stated.

75 +

Biden Budget Proposal Estimates Additional $11B in Revenues by 2032 by Updating Crypto Rules

The proposal also seeks to expand the DOJ’s budget by $52 million to fight ransomware and combat the “misuse of cryptocurrency.”

171 +

FBI Forms New Bitcoin Unit As DOJ Taps New Crypto Head

The bureau’s new ‘virtual asset exploitation’ unit will focus on blockchain analysis, cryptocurrency seizures, and staff training.

166 +

Crypto tumblers, exchanges under microscope as DOJ launches new task force

Under the pretext of holding corrupt actors accountable, the new task force will address crimes related to the criminal misuse of cryptocurrency.

165 +

Law Decoded: Putting your Bitcoin where your mouth is, Oct. 4–11

Debt ceiling uncertainty erodes trust in the dollar, the DOJ announces the National Cryptocurrency Enforcement Team and the SEC investigates Circle.

268 +

DOJ Establishes National Cryptocurrency Enforcement Team

US Deputy Attorney General Lisa Monaco announced new enforcement initiatives targeting crypto contractors who fail to report cyber breaches ‘because cryptocurrency is used in a wide variety of criminal activity.

224 +

US DoJ establishes cryptocurrency enforcement team

Deputy Attorney General Lisa Monaco said the team would have an active role in…

The post US DoJ establishes cryptocurrency enforcement team appeared first on Coin Journal.

163 +

DoJ Forms Cryptocurrency Crime ‘Enforcement Team’

The Department of Justice will soon have two new tools on its belt to combat cybercrime. A cryptocurrency enforcement team will go after cybercrime while a separate department will go after those who fail to report such crimes.

149 +

Now Italy’s After Binance; US DOJ Asks Agencies to Stop Sending the Exchange ‘Thank You’ Letters

The market watchdog of Italy is the latest in a string of global regulators to move against Binance as it said on Thursday that the leading cryptocurrency exchange is not authorized to carry out activities in the country.

173 +

Binance Faces DOJ Probe as Investigators Target Crypto Money Laundering and Tax Evasion

Binance, one of the largest cryptocurrency exchanges in the world, is now being probed by the Department of Justice (DOJ) under the assumption that it could be immersed in money laundering transactions.

332 +

IRS & DOJ Set Sights on Binance to Root Out Illicit Activity

Binance, one of the largest cryptocurrency exchanges, is facing an investigation by the IRS and the DOJ. The government entities are looking for information from individuals with insights into the exchange’s business practices.

270 +

BREAKING: Binance Under Investigation by DOJ and IRS

Leading cryptocurrency exchange Binance is facing investigations from the U.S. government

170 +

Six people charged for running an unlicensed crypto exchange in New Hampshire

United States Department of Justice (DOJ) charged six individuals with participating in a “conspiracy to operate an unlicensed” cryptocurrency exchange business” among other offenses.  Five The post Six people charged for running an unlicensed crypto exchange in New Hampshire appeared first on AMBCrypto.

191 +

Crypto Trader Behind "Coin Signals" Ponzi Scheme Gets Arrested

The DOJ has arrested a fake cryptocurrency trader who was touting sky-high returns

154 +

FBI to reform virtual currency practices following DoJ recommendations

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

239 +

FBI Needs a Dark Web, Crypto Strategy, DOJ’s Inspector General Says

FBI lacks a "comprehensive strategy for addressing the cryptocurrency threat in the future," OIG wrote.

200 +

Oyster Protocol founder arrested; accused of operating multimillion-dollar tax evasion scheme

Founder of the now-defunct cryptocurrency scheme Oyster Protocol, Amir Burno Elmaani, has been arrested and charged by the US Department of Justice (DoJ) for a “multimillion-dollar tax evasion schemThe post Oyster Protocol founder arrested; accused of operating multimillion-dollar tax evasion scheme appeared first on AMBCrypto.

186 +

US DoJ Seizes $1 Billion in Bitcoin Hacked From Silk Road

When $1 billion in bitcoin (BTC) moved on Nov 3, 2020, from a Silk Road wallet, speculations were aplomb. The US government soon revealed that they had taken the bitcoin in the largest cryptocurrency seizure in history.

247 +

6 Individuals Charged By US Justice Department With Laundering Millions Of Dollars Of Mexican Drug Cartel Money Using Cryptocurrency

Six individuals have been indicted by the United States Department of Justice (DoJ) for allegedly participating in a money-laundering ring using cryptocurrency. The alleged bad actors are all Chinese nationals who include Jiayu Chen, 46, Jianxing Chen, 40, Tao Liu, 45, Xizhi Li, 45, Jingyuan Li, 47, and Eric Yong Woo, 43. According to court […]

289 +

DOJ’s First-of-its Kind Crypto Framework Targets Decentralized, P2P Platforms & Privacy

A 71-page long “Cryptocurrency Enforcement Framework” report has been published by the Attorney General’s Cyber Digital Task Force. It details the emergence of cryptocurrencies and the presenting opportunities for terrorists, rogue nations, and other criminals.

181 +

Ripple CEO Says Companies Will Move Overseas if There?s No Regulatory Clarity

Ripple CEO Brad Garlinghouse throws cold water on the DOJ?s cryptocurrency enforcement framework, calling it ?contradictory?

199 +

Community reacts to new DoJ crypto enforcement guidelines

The DoJ’s guidance around cryptocurrency enforcement, that cites "crime" and "criminals" 168 times, has been poorly received.

111 +

DOJ Warns of Possible ‘Oncoming Storm’ in Report Detailing Dangers of Terrorist Use of Crypto

The Department of Justice has released a ‘first of its kind’ framework for policing the cryptocurrency space.

184 +

The DOJ Wants to Hire a Crypto Crime Attorney Adviser

The Department of Justice wants to hire an attorney adviser to specialize in cryptocurrency, dark web and hacking criminal cases.

174 +

Texas Man Nabs $1 Mln in PPP Loans to Invest in Cryptocurrency, Faces Federal Charges

The DOJ announces fraud charges against a Texas man who collected PPP funds to invest in crypto

174 +

US Drug Agency Failed to Properly Oversee Crypto Investigations: DOJ Report

The U.S. Drug Enforcement Administration failed to adequately police its undercover agents’ handling of cryptocurrency, a Department of Justice Inspector General report found.

223 +

US Woman Gets 13 Years Jail After Funding ISIS With Cryptocurrency

A woman from New York State committed various financial frauds in order to fund terrorist organisation ISIS, according the U.S. Department of Justice (DoJ). Zoobia Shahnaz has now been sentenced to 13 years in prison by Judge Joanna Seybert at the District Court in Islip, Long Island, for providing material support worth over $150,000 to […]

183 +

Bitmain US IPO is on Pause Due to DOJ Investigation of Mining Equipment Sales via Unconfirmed Report

Bitmain’s troubles aren’t showing any signs of slowing down.  The latest one came in the form of its US IPO. A critic of cryptocurrency mining giant Bitmain, Twitter user BTCKING555 said that the company is canceling its USA IPO plans.

269 +

DOJ, FBI, IRS Joint Task Force Arrest Twenty Year Olds For SIM Swapping, Stealing $550,000 In Crypto

SIM swapping is a method of infiltrating someone’s phone, presently being used in the crypto industry by hackers that want to steal cryptocurrency and take over social media accounts. The method has been used by multiple hackers, but a press release reveals that the FBI has already arrested two residents in Massachusetts for their own […]

157 +

Alleged $5M cryptocurrency fraud made this guy one of AWS’ biggest clients

A Singaporean man faces over 30 years in prison for masquerading as a Californian games developer to illicitly obtain cloud computing power to mine cryptocurrency, an FBI investigation has revealed.

206 +

Former DOJ Member Claims A US Ban Of Libra Like Tech Could Raise Natural Security Issues

In an interview with CNBC, Katie Haun, the former Bitcoin-related prosecutor turned crypto vocalist, said the United States faces a huge risk in national security if it bans and outlaws the development and use of Facebook’s cryptocurrency, Libra.

167 +

Trump DOJ Sues Infamous Bitcoin Exchange for $100 Million

The Trump administration has filed a $100 million lawsuit against infamous bitcoin exchange BTC-e and its alleged operator, Russian national Alexander Vinnik. Vinnik, who remains in custody in Greece as governments worldwide jockey to extradite him, stands accused of laundering billions of dollars worth of cryptocurrency stolen from other exchanges, most notably Mt.

150 +

Crypto Scammer Running Blue Bit Banc (BBB) Investment Scam Gets 86-Month Jail Term

Crypto Scammer Gets 86-Month Jail Term Blake Kantor, a 44-year-old New Jersy based cryptocurrency scammer has been sentenced to 86 months in prison by the United States Department of Justice (DoJ) on July 1.

230 +

What a bit! US Government VS Cryptonites

With the rise of cryptocurrency, it makes sense bitcoin investors are in the crosshairs of not one but two government agencies, DOJ and IRS. Let’s watch my take on this Make sure to subscribe CCNMarkets on Youtube: https://bit.

136 +

US Justice Department & IRS Are in Hot Pursuit of Bitcoin Tax Evaders

By CCN Markets: The bitcoin price rocketed past $10,000 for the first time since 2018, and crypto fans are celebrating. But they’re not the only ones noticing the budding cryptocurrency bull market.

180 +

U.S. Deptartment Of Justice Looks to Extradite Alleged Bitcoin Scammer

In a press release issued on June 19, 2019, the United States Department of Justice (DoJ) unsealed a complaint against a Swedish citizen named Roger Nils-Jonas Karlsson and his company, Eastern Metal Securities (EMS), for orchestrating a multi-million dollar investment scam using bitcoin.

155 +

Feds Seize Part of Bitfinex’s Missing Funds, First Arrest Made

As first reported by Modern Consensus, an HSBC account linked to a federal indictment for bank fraud has been found to be directly related to Bitfinex. Legal Troubles Begin A portion of Bitfinex’s missing $850 million has been seized by the U.

200 +

Mueller Report: Russia Used Bitcoin to Fund DNC Hacks

An intelligence branch of the Russian government used bitcoin to fund its cyberwarfare efforts to interfere with the 2016 U. S. presidential election, the Mueller Report claims.

349 +

Bitcoin Trader Sentenced to Two-Year Prison Term

Bitcoin trader Jacob Burrell Campos was sentenced on April 8, 2019, to serve a two-year prison sentence and to forfeit more than $800,000 “for operating an unlicensed money transmitting business.

260 +

Man Behind “My Big Coin” Scam Charged by DOJ

A New York Man has been charged with four counts of wire fraud and three counts of unlawful monetary transactions after peddling a false coin to investors, the Department of Justice revealed on February 27, 2019.

209 +

12 Bitcoin scammers extradited to US for selling fake cars on eBay

An international cryptocurrency fraud cartel has been busted by a joint investigation between US and foreign authorities. The US Department of Justice (DOJ) announced last week that it has charged 20 people, including 16 foreigners for being part of an international organized crime syndicate that saw American citizens defrauded for millions of dollars.

253 +