Tag: department of justice

Nov 23 2022

U.S Lawmakers Want DOJ To Launch An Investigation Into FTX

U.S Senators Elizabeth Warren and Sheldon Whitehouse have written to the U.S Attorney General urging him to launch an investigation into FTX.

Oct 31 2022

Tether ($USDT) Hits Back At Bloomberg For Report Over Renewed Fraud Probe

Tether has criticized a report published by Bloomberg that talks about a renewed investigation onto it's bank fraud case. The company has alleged that Bloomberg is recycling old news for attention.

Oct 03 2022

DOJ Joins Other Regulators in Objecting to Celsius’ Motion To Return Funds

The United States Department of Justice (DOJ) objected to Celsius' motion to restart withdrawals for select customers and sell its stablecoin holdings. Other authorities in the United States have also objected to Celsius' motion and wish for any critical decisions to take place only after an independent examiner report. The DOJ has taken multiple steps to eliminate criminal activity using crypto and recently...

Sep 13 2022

Prominent Crypto Figure Leaving Department of Justice

Nicholas Quaid, who was in charge of the Criminal Division's second-in-command position, spent his almost two years at the DOJ developing the system for enforcing and passing laws about crypto crimes. According to a report from Bloomberg Law on Tuesday, a key figure in the process of making laws and prosecuting crypto crimes is leaving […] The post...

May 21 2022

Founder of Crypto Derivatives Platform Sentenced to 6 Months of Home Detention

The United States Department of Justice (DOJ) confirmed yesterday that Arthur Hayes, founder of crypto platform BitMEX, has been sentenced to 6 months of home detention and 2 years of probation.

Mar 10 2022

‘Ransomware’ Charges Brought against Canadian Man in the US

The US Department of Justice announced on Thursday that a Canadian man was extradited to the United States to face charges for dozens of ransomware attacks, resulting in the payment of tens of mill...

Mar 08 2022

US Authorities Charge Siblings in $124 Million Crypto Fraud Case

The US Securities and Exchange Commission (SEC) announced on Tuesday that it had charged John and JonAtina (Tina) Barksdale with defrauding thousands of retail investors out of more than $124 milli...

Oct 29 2021

US DOJ Is Looking to Hire a Director for Its New Crypto Enforcement Team

The new director should liaise with regulatory agencies such as the FinCEN and the US SEC.

Sep 03 2021

BitConnect Promoter Pleads Guilty In $2 Billion Crypto Scheme

Former director and promoter of the BitConnect Ponzi scheme, Glenn Arcaro, pled guilty on Wednesday in federal court to fraud charges. His participation in a massive conspiracy involving the crypto exchange defrauded investors of over $2 billion. The United States Department of Justice, Southern District of California,...

Jul 05 2021

Jun 08 2021

FBI Seizes 63.7 Bitcoin Allegedly Tied To Colonial Pipeline Hack Ransom

The FBI has seized 63.7 bitcoin that are allegedly part of a ransom paid by Colonial Pipeline to hacker group DarkSide.According to a news release from the U.S. Department of Justice, the Federal Bureau of Investigation (FBI) has seized 63.7 BTC which allegedly represent the...

Jun 04 2021

Feb 17 2021

DOJ Charges 3 North Korean Hackers With Stealing $100M+ From Crypto Firms

The hackers allegedly stole over $1.3 billion overall through various schemes.

Feb 09 2021

Mobile Firm Employee Charged for Aiding Crypto SIM Swap Attacks Targeting 19

Stephen Defiore was allegedly paid to transfer cellphone accounts to ones owned by a co-conspirator.

Jan 12 2021

Visa Abandons $5.3B Acquisition of Plaid Over DOJ Antitrust Concerns

The Department of Justice announced Tuesday that the $5.3 billion deal was off.

Dec 09 2020

Man Gets 6 Years for $25M Diamond and Crypto Ponzi Scheme

Jose Angel Aman, charged with operating the fraudulent investment scheme, was sentenced to serve six years in federal prison and pay over $23 million in victim restitution by a federal court in Florida.

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