Samourai Wallet Seeks to Dismiss DOJ Case Citing FinCEN Rules
TL;DR The founders of Samourai Wallet requested the dismissal of the DOJ’s case, arguing that their software never handled funds and should not be classified...
Tag : DOJ
Samourai Wallet: Legal Case Stalls After Department of Justice Shift on Crypto-Related Crimes
TL;DR The case against the founders of Samourai Wallet was put on hold while defense attorneys and prosecutors consider closing it following a policy shift...
Terraform Labs and CEO Do Kwon Reach Tentative Settlement with SEC Over Fraud Charges
TL;DR Terraform Labs and CEO Do Kwon have reached a tentative settlement with the U.S. SEC over fraud charges related to their cryptocurrency offerings, particularly the...
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 to...
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 US...
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 is...
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 measure...
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 rely...
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 over...
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 Hydro...