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John Ray III, a restructuring expert who oversaw the Enron Corp. bankruptcy, took over as CEO when FTX filed for bankruptcy protection last month. Jacques’ team is tasked with tracking the funds that went missing from FTX as the firm cratered amid a liquidity freeze. Source
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The investigators, noting Cawthorn’s waning time as a member of Congress, said they couldn’t agree on a sanction and suggested the admonishment of the report would be sufficient. The committee directed Cawthorn to give $14,237 to a charity because that’s how much more expensive his token purchase should have been
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Robinhood has released a detailed job ad for sanctions investigators, covering prior experiences and day-to-day tasks.Brokerage app Robinhood (NASDAQ: HOOD) is reportedly looking to employ the services of sanctions investigators. A job ad put out by the multifaceted financial services company reads:“We’re looking for more growth-minded and collaborative people to be a part of
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Russia's Federal Security Service (FSB) and the Ministry of Internal Affairs (MVD) have submitted their review notes on the forthcoming “crypto bill,” developed by the country's Finance Ministry. Law enforcement agencies push for requiring crypto firms to share transaction data with investigators and for clarifying the terms on which digital assets
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An article published by journalist Laura Shin, and research stemming from the blockchain surveillance firm Chainalysis, claims to identify the alleged identity of The DAO hacker who drained millions of dollars worth of ethereum from the decentralized autonomous organization on June 17, 2016. Shin’s and Chainalysis’s findings accuse the former
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At the IRS-CI, Price headed international investigations into individuals and groups looking to use cryptocurrency for illegal intent, including the successful prosecution of the operator of Helix, a darknet mixing service that sent out transactions in mixed batches to mask the identity of senders. In his 15 years in law
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Cryptocurrency exchange Binance has followed through with its pledge to reward anyone helping bring about the arrest of the bad actors who attacked the exchange in March 2018 and stole from users in a phishing campaign.Over a period of months, unknown persons set up phishing websites that mimicked Binance’s own,
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French, Belgian and Israeli investigators have brought down a scheme that defrauded €6 million ($6.64 million) from French and Belgian citizens, a Jan 29. press release from Europol reads.The fraudsters promised significant returns for the victims’ investment in what appears to have been a Ponzi scheme.The international network of
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United States Internal Revenue Service (IRS) Criminal Investigation Chief John Fort said that the regulator is looking into potential tax issues caused by Bitcoin (BTC) ATMs and kiosks.According to Bloomberg Law on Nov. 15, Fort said that the IRS is collaborating with law enforcement to investigate illicit uses of
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