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 ...
Rashawn Russell, a former investment banker and registered broker, has been accused of defrauding multiple investors by a federal court in Brooklyn, New York. According to court documents, Russell tricked investors into making fake cryptocurrency investments by promising high returns and then used the money for personal expenses. He allegedly ...
