Cryptocurrency Analysis and News Portal
Terra (LUNA) employees are reportedly unable to leave South Korea as the country's prosecutors imposed a departure ban on key developers of the project.Korean media outlet JTBC reported on Monday that an investigation team from Seoul Southern District Prosecutor's Office has imposed a travel ban on key team members of
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Lichtenstein, a dual U.S.-Russian citizen, was found to have a document on his computer called “passport_ideas” that contained stolen biographical information purchased from a darknet marketplace, as well as links to darknet marketplace providers of false identity documents, prosecutors said. Prosecutors also noted during the arraignment that Morgan was learning
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German prosecutors have hired a bank to “clean” cryptocurrency seized in criminal cases. “As the cryptocurrencies are related to crime, they are considered ‘contaminated coins’ and cannot be traded on mainstream exchanges,” the bank said. Bank Hired to Clean Cryptocurrency Seized in Criminal Cases The anti-cybercrime unit of the Frankfurt General Prosecutor
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Turkish media reports that authorities there are investigating an alleged Dogecoin mining scam that pulled the rug on investors after amassing $119 million worth of deposits.An Aug. 23rd report from local channel TV100 broke the news, with police identifying pseudonymous online avatar “Turgut V.” as the scheme’s suspected operator.Authorities believe
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U.S. federal prosecutors are seeking a substantial prison sentence for Robert Farkas, one of the co-founders of crypto project Centra Tech, which garnered multiple celebrity endorsements for its initial coin offering (ICO) in 2017. Farkas later pleaded guilty to fraud. In a sentencing submission filed with the U.S. District Court for
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The two Russians who were sanctioned earlier this week by the U.S. Treasury Department on accusations of being crypto thieves allegedly got their millions through market manipulation and phishing. Prosecutors detailed Danil Potekhin and Dimitrii Karasavidi’s alleged heists, victims and target exchanges in a 30-page forfeiture complaint filed Wednesday against the
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Reginald Fowler, the ex-Minnesota Vikings owner accused by U.S. prosecutors of running a cryptocurrency “shadow bank,” stashed funds over a global network of bank accounts, according to a filing today. Prosecutors say the funds are subject to forfeiture. Source
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Jon Barry Thompson, the accused operator of a fraudulent crypto escrow service that defrauded $7 million from two customers, is expected to enter a guilty plea — with prosecutors aiming to finalize proceedings in September."The parties expect to reach a disposition of this matter and respectfully request that the court
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In Kyiv, Ukraine, investigators have found another example of someone using the systems at their workplace for illicit cryptocurrency mining. The Kyiv Prosecutor’s Office official Facebook page announced on Feb. 26 that it concluded a pre-trial investigation against an unnamed individual in collaboration with the State Bureau of Investigation. The accused
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Currently under investigation, OneCoin has become one of the most infamous cryptocurrency Ponzi scams. Despite that, OneCoin has denied all allegations of being a Ponzi scheme and is still operational despite the growing number of accusations and arrests of affiliated people.Mark S. Scott is a lawyer and former partner at
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