U.S. seeks to recover $12 million in USDT linked to a cryptocurrency scam
The U.S. Department of Justice (DOJ) has filed an action to trace and recover $12 million in Tether (USDT) tied to an alleged cryptocurrency investment scam. The civil…
DOJ
Changpeng Zhao Facing Justice: Prison or Freedom?
TL;DR Changpeng Zhao appears in court to receive his sentence after pleading guilty to violating the Bank Secrecy Act. Despite the sentence being reduced…
KuCoin Faces the Abyss Due to DOJ and CFTC Lawsuit
TL;DR KuCoin has faced a 50% decrease in its market share and a 75% drop in daily trading volume after facing charges from the…
The U.S. Attorney’s Office in Massachusetts Pursues the ‘Pig Butchers’
TL;DR The U.S. Attorney’s Office in Massachusetts has initiated legal actions to recover cryptocurrencies linked to a fraud scheme called “pig butchering.” The aim…
Bitzlato Will Not Allow Bitcoin Withdrawals Due to Legal Issues
The cryptocurrency exchange platform Bitzlato has made the decision to temporarily suspend all Bitcoin withdrawals, leaving its users in uncertainty regarding their assets. This…
DOJ Says FTX’s SBF Cannot Escape Charges by Citing Unclear Crypto Laws
The former CEO of FTX, Sam Bankman-Fried (SBF), who is facing multiple criminal charges for allegedly stealing customer funds and committing wire fraud, cannot…
US Justice Department Targets DeFi Hackers and Cryptocurrency Thieves
The United States Department of Justice (DOJ) is intensifying its crackdown on Decentralized Finance (DeFi) hackers and exploiters, as illicit crypto activities have surged…
U.S. DOJ Charges Five in Alleged Crypto Price Manipulation Scheme
The United States Department of Justice (DOJ) has charged five individuals in connection with an alleged crypto market manipulation scheme involving the Ethereum-based ERC-20…
U.S. Recovers Funds from Hive Network Hackers for 300 Victims
The U.S. Justice Department revealed Thursday the outcomes of a months-long operation with the Federal Bureau of Investigation that actively obstructed the Hive ransomware…
DoJ Prosecutors Can’t Reach a Decision in Binance Case
According to an exclusive story published by Reuters, prosecutors working for the United States Department of Justice (DoJ) are unable to come to a…
The SEC, DOJ, and CFTC Probe FTX Over Funds Handling: Report
The Department of Justice (DOJ), the Commodity Futures Trading Commission (CFTC), and the US Securities and Exchange Commission (SEC) are all looking into how…