Tag: department of justice

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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