Cryptocurrency Analysis and News Portal
Binance is charged with three criminal charges by the U.S. DoJ, including conspiracy, unlicensed money transmission and sanctions violations, as CEO Changpeng Zhao is prepared to plead guilty. Binance, the world’s largest cryptocurrency exchange, has been hit with three major charges by the U.S. government. These charges include conspiracy, operating an
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The DOJ announced it would hold a press conference on Tuesday to announce "significant cryptocurrency enforcement actions," with Attorney General Merrick Garland, Treasury Secretary Janet Yellen, Deputy Attorney General Lisa Monaco and Commodity Futures Trading Commission Chairman Rostin Behnam. The person familiar with the matter said this would be tied
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The U.S. Department of Justice (DOJ) has seized $9 million worth of the USDT stablecoin linked to organizations that exploited victims through "pig butchering" scams. Source
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The potential resolution of the US criminal investigation into Binance marks a critical juncture for the crypto industry. If Binance agrees to the proposed fine, it would represent one of the largest settlements in the history of the crypto market. The crypto market experienced a surge of cautious optimism as reports
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Crypto community members on X (formerly Twitter) have turned their focus to a $3.9 billion Tether (USDT) transaction between Binance wallets that surfaced on social media following reports claiming the United States Department of Justice (DOJ) is negotiating a $4 billion settlement with the company. On Nov. 20, a Bloomberg report
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The funds seized by Tether were linked to a “pig butchering” scam that cost U.S. citizens $3.3 billion in 2022, according to the FBI. Stablecoin issuer Tether reported freezing $225 million worth of its cryptocurrency USDT in a U.S. Department of Justice (DOJ) probe targeting an international human trafficking ring operating
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BNB (BNB) has gained over 7% in the last day after Bloomberg reported that the United States Department of Justice is contemplating a $4 billion settlement with Binance to resolve its investigation into the company.Cointelegraph Markets Pro shows BNB spiked 6% to $262 in around 30 minutes after Bloomberg’s Nov.
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The U.S. Department of Justice proposes a $4 billion settlement with Binance, potentially implicating founder Changpeng Zhao in a landmark case involving allegations of money laundering and sanction violations. The U.S. Department of Justice (DOJ) is reportedly in advanced stages of finalizing a significant financial settlement with Binance. This settlement, potentially
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Besides freezing assets, Tether follows strict Know Your Customer (KYC) and Anti-Money Laundering (AML) protocols. Tether, the USDT issuer, has announced the freezing of 225 million in USDT tokens. Globally, USDT has a market cap of $87.7 billion. It also offers dollar exposure to individuals who cannot access the dollar in
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Stablecoin issuer Tether froze roughly $225 million worth of USDT tokens as part of an investigation into a Southeast Asia human trafficking syndicate launched by the United States Department of Justice (DOJ). In a Nov. 20 announcement, Tether said it had worked with the DOJ and crypto exchange OKX to freeze
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