A Startling Statement: DOJ Claims Fiat Money Is Not Necessarily Property
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A dispute between the U.S. Department of Labor and a landscaping company led the DOJ to state that money was not always…
BitMEX Fined $100M for Violating Bank Secrecy Act
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On January 15, the United States Department of Justice (DOJ) announced that BitMEX and its parent company, HDR Global Trading Limited, have…
DOJ Recovers Nearly $4.3 Billion for Madoff Ponzi Victims
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DOJ recovers nearly $4.3 billion for Madoff Ponzi victims, completing final distribution to over 40,000 affected investors. The U.S. Department of Justice…
ISIS Crypto Fundraiser Mohammed Chhipa Faces 20 Years After Conviction in Virginia
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Mohammed Azharuddin Chhipa, 35, from Springfield, Virginia, was convicted on December 13, 2024, for providing material support to the Islamic State of…
Ilya Lichtenstein Sentenced to 5 Years in Prison for Role in Bitfinex Hack
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Ilya Lichtenstein, a 35-year-old programmer, was sentenced to five years in prison for his part in laundering Bitcoin stolen from the Bitfinex…
DOJ Seeks $16M in Crypto from Binance Over FTX Bribery Allegations Involving SBF
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The U.S. Department of Justice (DOJ) has filed a civil forfeiture complaint to seize cryptocurrency worth about $16 million held in a…
SEC Chair Doubles Down on Regulation by Enforcement as Political Pressures Mount
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SEC Chair Gary Gensler, facing bipartisan pressure and Trump’s vow to remove him, defended the agency’s regulation by enforcement. SEC Chair Stands…
Feds Target Businessman in Alleged Web of Secret Crypto Deals
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The U.S. has accused a businessman of running an unlicensed cryptocurrency operation that allegedly enabled secretive “off-the-books” transactions. Unlicensed Crypto Transactions: Businessman…
8 Chinese Firms Exposed in High-Stakes Crypto Laundering Operation
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Indictments reveal how eight Chinese firms used cryptocurrency to obscure profits from illegal chemical sales. US Indicts Chinese Firms Using Cryptocurrency in…
20-Year Prison Sentence Looms for Man Accused of Crypto Money Laundering Scheme
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A North Carolina man has been indicted for allegedly laundering more than $380,000 in a wire fraud scheme, according to the Department…