Cryptocurrency Analysis and News Portal
The United States Justice Department’s crypto enforcement team is cracking down on Decentralized Finance (DeFi) hackers and exploiters, amid a four-year rise in illicit crypto activity.In a Financial Times report published on May 15, Eun Young Choi, director of the U.S. Department of Justice (DOJ) national cryptocurrency enforcement team (NCET),
Read More
Binance is under investigation by the United States Justice Department (DOJ) national security division for allowing Russians to use the cryptocurrency exchange in violation of U.S. sanctions, according to a report that appeared in Bloomberg on May 5. There have been no accusations against the company or its executive in
Read More
Additionally, in early May 2023, Israel reportedly revealed it had seized roughly 190 Binance accounts with alleged ties to terrorist groups, including two accounts to ISIS. Since neither Israel nor Binance explicitly said Binance had cooperated, it isn't clear how Israel seized accounts on Binance without Binance's cooperation, given Binance
Read More
The U.S. Department of Justice (DOJ) says it has seized cryptocurrency worth over $112 million linked to fraudulent investment schemes known as “pig butchering.” According to court documents, the seized crypto accounts were allegedly “used to launder proceeds of various cryptocurrency confidence scams,” the Justice Department said. $112 Million in Crypto
Read More
“Primacy is given to the court proceedings led in Montenegro,” Kovac said, speaking through an interpreter. “If they are convicted for the criminal offense of falsifying identification documents, only after they served their prison sentence is it expected that they will be extradited.” Source
Read More
Such a bailout never took place, but the investigation is seeking to determine whether the firms were involved in possible market manipulation. TerraUSD and its sister token, Luna, both eventually collapsed, setting off a series of high-profile failures of prominent crypto firms, including hedge fund Three Arrows capital, Voyager Digital
Read More
United States prosecutors in the criminal case against former FTX CEO Sam Bankman-Fried have released text and email messages from SBF to current CEO John Ray.In court documents released on Jan. 30, the Justice Department responded to a motion from Bankman-Fried’s legal team attempting to remove some of the proposed
Read More
According to United States Federal Bureau of Investigation Director Christopher Wray on Jan. 26, international law enforcement groups have dismantled the infamous Hive cryptocurrency ransomware gang. He claimed that the operation has recovered over 1,300 decryption keys for victims since July 2022 and prevented $130 million in ransomware payments. Officials
Read More
Tech giants including Meta Platforms, Amazon, and Apple are also being grilled for their acquisition of smaller rivals in a bid to squash out competition.The United States Department of Justice (DoJ) is reportedly finalizing plans to file a new lawsuit against Google and its parent company, Alphabet Inc (NASDAQ: GOOGL).
Read More
The press conference will be led by Deputy Attorney General Lisa Monaco, and other speakers will include Assistant Attorney General Kennth Polite, Jr. of the Justice Department's criminal division, U.S. Attorney Breon Peace of the Eastern District of New York, the FBI's Associate Deputy Director Brian Turner and the Treasury
Read More