The U.S. Department of Justice (DOJ) has indicted two high-ranking members of the Mexican drug cartel, La Nueva Familia Michoacana, Rodolfo Maldonado-Bustos and Euclides Camacho-Goicochea, on charges of conspiracy to distribute and import heroin into the United States. The announcement, made on June 21, 2024, revealed that the cartel leaders ...
A coordinated global law enforcement operation spearheaded by the U.S. Department of Justice has arrested Yunhe Wang on charges related to malware deployment and operating the 911 S5 Residential Proxy Service, which is allegedly the world's largest botnet service. About $29 million worth of cryptocurrencies was seized during the process. ...
KuCoin, one of the largest crypto exchanges in the world, has formed an alliance with the top law firm A&O Shearman as it faces mounting legal challenges from US authorities. This partnership comes after the Department of Justice (DOJ) and the Commodity Futures Trading Commission (CFTC) brought debilitating lawsuits against ...
Wyoming Senator Cynthia Lummis has voiced concerns about the U.S. Department of Justice's recent actions targeting developers of self-custody cryptocurrency wallets. She expressed discomfort with what she sees as an overly aggressive approach that contradicts the U.S. Treasury guidelines and threatens the fundamental property rights of American citizens. In a ...
In 2022 and 2023, FTX dominated crypto regulation headlines, this year the cannons of government-enforced regulation, undeterred in their mission to seek and destroy, are focused on another "big bird" and are hell-bent on clipping its wings. Binance, for several months now, has faced a series of challenges with regulators ...
Binance may reportedly shell out a settlement fine of over $4 billion to the United States Department of Justice (DOJ) to resolve a lengthy investigation into its alleged violation of American anti-money laundering laws and involvement in evading US sanctions against Iran and Russia. This potential settlement, if reached, would ...
The United States Department of Justice (DoJ)has announced a major restructuring initiative aimed at enhancing its ability to handle the surging caseload within its Criminal Division. Principal Deputy Assistant Attorney General Nicole M. Argentieri revealed this during her speech at the Center for Strategic and International Studies on July 20, ...
Former FTX CEO, Sam Bankman-Fried, is now facing additional charges from the US Department of Justice (DoJ) over alleged involvement in leaking Caroline Ellison's private diary to The New York Times. The newspaper published an article on July 20, 2023, discussing the contents of Ellison's personal writings, which are expected ...
Sam Bankman-Fried, the co-founder of FTX, will face the original eight counts brought against him by American prosecutors in his criminal case, according to court documents filed on June 14, 2023. The U.S. Department of Justice (DoJ) prosecutors informed district judge Lewis Kaplan of their intention to pursue the allegations ...
Cooper Morgenthau, the former CFO of African Gold Acquisition Corp. (AGAC), has been sentenced to three years in prison by U.S. District Judge Paul A. Engelmayer for embezzling over $5 million from two separate special purpose acquisition companies (SPACs). The other affected SPAC is Strategic Metals Acquisition Corp, according to ...
