Montenegro Justice Minister Approves Extradition Of Fallen Crypto Star Do Kwon To the U.S.

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Tornado Cash’s legal win prompts co-founder Roman Storm to fight charges

Roman Storm, developer of the crypto-mixing platform Tornado Cash, has filed a motion to dismiss the criminal charges filed against him by US authorities. His request follows a significant legal decision by the Fifth Circuit Court, which ruled that sanctions imposed by the US Treasury’s Office of Foreign Assets Control (OFAC) on Tornado Cash’s immutable […] The post Tornado Cash’s legal win prompts co-founder Roman Storm to fight charges appeared first on CryptoSlate.

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Tornado Cash dev wants charges dropped after court said OFAC ‘overstepped’

Tornado Cash co-founder Roman Storm has petitioned a judge to drop criminal charges against him after an appeals court found the Treasury unlawfully sanctioned the crypto mixer.

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Gemini’s Cameron Winklevoss Demands Probe Into Dropped FTX Campaign Finance Charges

Gemini co-founder Cameron Winklevoss has called for a renewed investigation into the campaign finance charges dropped against Sam Bankman-Fried (SBF), the founder of FTX. The post Gemini’s Cameron Winklevoss Demands Probe Into Dropped FTX Campaign Finance Charges appeared first on BeInCrypto.

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Gary Wang, FTX co-founder, avoids jail time in crypto fraud case: ‘I will spend the rest of my life trying to make amends’

Gary Wang, the co-founder and former chief technology officer of FTX, has been spared prison time for his involvement in the crypto exchange’s collapse. On Wednesday, he was sentenced to time served and three years of supervised release for each of the four criminal charges he pleaded guilty to. Wang was also ordered to forfeit […]

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Tornado Cash Co-Founder Trial Adjourned Until April 2025

In the latest development in the ongoing prosecution of Tornado Cash co-founder Roman Storm, the presiding judge has adjourned the much-awaited trial until April 2025. This decision will see the money laundering and sanctions violations charges against the crypto developer drag on for at least the next five months. Mandamus Petition Trial Still Set For […]

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BTC-e Co-founder Enters Guilty Plea For $9 Billion Money Laundering Conspiracy

Co-founder of crypto exchange BTC-e, Alexander Vinnik, has pleaded guilty to charges of conspiracy to commit money laundering. In a public release by the US Department of Justice (DOJ) on May 3, the Russian national has admitted to his role as one of the operators of BTC-e, facilitating $9 billion worth of illicit transactions between […]

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Former Cred Executives Indicted on Wire Fraud, Other Charges

Daniel Schatt, a Cred co-founder and former CEO, Joseph Podulka, former CFO, and James Alexander, the former chief capital officer, were indicted by the U.S. Attorney's Office in the Northern District of California.

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Samourai Wallet Co-Founder Keonne Rodriguez Pleads Not Guilty, Released on $1M Bond

NEW YORK — Samourai Wallet co-founder Keonne Rodriguez pleaded not guilty to two criminal charges tied to creating and marketing the privacy-focused bitcoin wallet application and mixing service in a Manhattan courtroom on Monday.

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DOJ challenges motion to dismiss Tornado Cash co-founder’s charges

According to the filing, the DOJ criticized Tornado Cash’s co-founders for inadequate changes to exclude sanctioned addresses.

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Ex-Binance CEO CZ seeks forgiveness and a fresh start in pre-sentencing apology letter

Binance‘s co-founder and former CEO, Changpeng ‘CZ’ Zhao, submitted a letter of apology to the court on April 24. Zhao, who pleaded guilty to criminal charges earlier this year, expressed regret in advance of his upcoming sentencing date.

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Jury finds Terraform Labs, Do Kwon guilty on fraud charges 

A New York jury has found Terraform Labs and its Co-Founder, Do Kwon, guilty of deceiving investors about UST's stability.

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Tornado Cash Co-Founder Fights Back: Denies Money Laundering and North Korea Conspiracy Charges

Roman Storm, a co-founder of Tornado Cash, is denying charges of money laundering and conspiracy with North Korea. The post Tornado Cash Co-Founder Fights Back: Denies Money Laundering and North Korea Conspiracy Charges appeared first on BeInCrypto.

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Tornado Cash co-founder seeks dismissal of US crypto-laundering charges

Roman Storm, co-founder of Tornado Cash, seeks to dismiss charges accusing him of running a money laundering operation and violating the International Emergency Economic Powers Act.

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Tornado Cash Co-Founder Seeks To Dismiss Charges – Details

The co-founder of Tornado Cash, Roman Storm, has filed a motion to dismiss the charges levied against him by the US Department of Justice (DOJ), Southern District of New York. In a petition submitted on March 29, Storm’s lawyers have laid out several arguments to secure the freedom of the client, including invoking the First […]

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Terraform Labs In The Hot Seat: Trial Begins As Do Kwon’s Final Extradition Decision Looms

Terraform Labs is set to face a high-stakes trial on Monday, grappling with civil fraud allegations linked to the collapse of its TerraUSD stablecoin in 2022. Meanwhile, Terra co-founder Do Kwon remains in Montenegro awaiting the decision on whether he will be extradited to the United States or South Korea to face criminal charges.  Terraform […]

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Montenegro court rejects Do Kwon’s appeal, clears way for extradition to South Korea

The Appellate Court of Montenegro has declined Do Kwon’s appeal to halt his extradition to South Korea, according to a March 20 notice. In its ruling, the Court affirmed the High Court’s decision to deport Kwon, the co-founder of now-defunct Terraform Labs, to face criminal charges in South Korea.

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Montenegro Court Approves Extradition Of Do Kwon To South Korea Instead Of US

A court in Montenegro ruled Thursday that Terraform Labs co-founder Do Kwon will be extradited to his native South Korea to face criminal charges regarding the May 2022 multibillion-dollar blow-up of the Terra ecosystem.

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Terra Creator Do Kwon Avoids Extradition To United States — Again

Do Kwon, the co-founder and ex-CEO of Terraform Labs, notched a minor victory on Tuesday when the Montenegrin Appeals Court quashed last month’s Supreme Court decision that would have seen him deported to the United States to face fraud charges.

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Final Appeal Rejected: Do Kwon’s Extradition To The US Inevitable

Do Kwon, the co-founder of Terraform Labs, who has been residing in Montenegro since his arrest in March 2023, is reportedly set to be extradited to the United States to face charges related to financial fraud.

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Alex Mashinsky wants to continue retaining SBF’s defense lawyers for his trial

Celsius co-founder and ex-CEO Alex Mashinsky intends to rely on the same lawyers used by former FTX CEO Sam Bankman-Fried (SBF) to defend him against the criminal charges filed by the Department of Justice’s Southern District of New York (SDNY) in July 2023, Bloomberg News reported on Feb.

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GoFundMe cancels fundraiser for tornado cash founders facing US charges

American crowdfunding platform GoFundMe has terminated a fundraising campaign aimed at raising legal defense funds for Roman Storm and Alexey Pertsev, co-founder and developer, respectively, of the cryptocurrency mixer Tornado Cash.

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Kraken co-founder labels SEC as USA’s chief obstacle

Kraken co-founder Jesse Powell has sharply criticized the U.S. Securities and Exchange Commission following new charges against the crypto exchange, highlighting ongoing tensions between the crypto industry and regulatory bodies.

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U.S. DOJ Reportedly Wants Shocking $4 Billion From Binance To Drop Criminal Charges

The United States Justice Department is seeking more than $4 billion from Binance Holdings Ltd. as part of a deal to resolve investigations into alleged multiple criminal violations by the world’s biggest cryptocurrency exchange and its co-founder.

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US DoJ: Over $4 billion to end criminal case against Binance

The US DoJ is reportedly seeking billions of dollars to end its criminal case against Binance and its co-founder The criminal charges includes violations of sanction laws, bank fraud, and moneyThe post US DoJ: Over $4 billion to end criminal case against Binance appeared first on AMBCrypto.

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Opyn co-founders exit following CFTC charges

The co-founders of Opyn stepped down as their defi options protocol faced charges from the Commodity Futures Trading Commission (CFTC) in September. CEO Zubin Koticha revealed today in an X post that he and co-founder Alexis Gauba have chosen to…

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Sam Bankman-Fried found guilty in FTX fraud trial, faces decades prison-time

In a significant legal development that could have far-reaching consequences for the cryptocurrency industry, Sam Bankman-Fried, the co-founder of FTX, has been found guilty of all charges in the FTX trial that started on October 3.

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Terra co-founder Daniel Shin blames ecosystem failure on Do Kwon’s management

Daniel Shin, co-founder of TerraformLabs, appeared in court on Oct. 30 and denied all charges against him in connection with the 2022 collapse of the Terra Ecosystem. He instead laid blame on his associate Do Kwon’s “unreasonable” management practices of Anchor Protocol.

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SEC drops charges against Ripple executives

The U. S. Securities and Exchange Commission (SEC) agreed to drop charges against two top Ripple executives, according to an Oct. 19 press release. The SEC previously charged Ripple CEO Brad Garlinghouse and co-founder and executive chair Chris Larsen with aiding and abetting Ripple’s institutional sales of XRP.

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CFTC files legal action against Voyager Digital and its ex-CEO

Co-founder of Voyager Digital Stephen Ehrlich faces charges from the Commodity Futures Trading Commission for alleged fraud and failing to register with the agency.

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CFTC weighing charges against ex-Voyager Digital CEO Stephen Ehrlich

The U. S. Commodity Futures Trading Commission (CFTC) investigators have determined that Stephen Ehrlich, a co-founder of Voyager Digital, violated derivatives regulations before the company’s bankruptcy last year, Bloomberg reported on Oct.

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FBI Interviews Winklevoss Twin On DCG’s Crypto Fraud Charges

Cameron Winklevoss, co-founder of the crypto trading platform Gemini Trust Co, has been interviewed by agents from the Federal Bureau of Investigation (FBI), staff from the Securities and Exchange Commission (SEC), and New York City prosecutors in recent months, according to a source familiar with the matter.

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Tornado Cash developer granted bail in US

Tornado Cash developer Roman Storm has been granted bail, as confirmed by his attorney, Brian Klein.  Storm, the co-founder of the cryptocurrency mixing service Tornado Cash, was apprehended by the United States Department of Justice (DOJ) on charges including money…

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3AC co-founder avoids contempt charges following evidence of Singaporean citizenship

Lawyers for Kyle Davies filed evidence that his U.S. citizenship had been renounced in 2021, which, according to a bankruptcy judge, left him outside the court's jurisdiction.

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Sam Bankman-Fried’s Campaign Fraud Charges Dropped

New developments in the case against Sam Bankman-Fried, co-founder of FTX, took a turn as the U.S. government decided to drop one of the thirteen counts against him. The charge,...

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Terra/Luna: Here's Who Has Been Appointed as Terraform's New CEO

Terraform Labs has named Chris Amani, company's former COO and CFO, as interim CEO, while co-founder Do Kwon is incarcerated in Montenegro on fraud charges

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The Other Terra Co-Founder Starts His Trial in Seoul

Daniel Shin, co-founder of Terraform Labs, had his firsthearing held by Seoul’s Southern District Court on July 10, as reported by local Korean media. Prosecutors addressed several charges, including fraud...

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FTX Creator Sam Bankman-Fried Confronts Dual Legal Proceedings

“FTX Co-Founder Sam Bankman-Fried to Face Dual Trials as Criminal Charges are Split” In a significant legal development, the Department of Justice’s charges against Sam Bankman-Fried, the co-founder of FTX, will be subject to separate trials after his extradition to the United States.

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US prosecutors say SBF will be tried on original 8 criminal charges — for now

DoJ lawyers said the decision came following litigation filed by the FTX co-founder in the Bahamas protesting the additional charges, which could be lengthy.

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Do Kwon retains Dentons law firm to defend against US charges

Terra co-founder Do Kwon enlisted the services of global law firm Dentons following a passport forgery case, and extradition requests in Montenegro.

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Do Kwon Pleads Not Guilty to Passport Fraud in Montenegro

The troubled co-founder of Terraform Labs responds with a plea of not guilty to new charges, this time in relation to alleged passport fraud in Montenegro. He also faces more serious charges in the United States and his home of South Korea.

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South Korea sets trial date for Terraform Labs co-founder over Terra Luna collapse

Terraform Labs co-founder Shin Hyun-seung and seven other associates are set to face trial on May 26 over fraud charges related to the collapse of the Terra-Luna stablecoin and crypto project in May 2022. 

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Luna Classic starts to rise as holders believe it might be bottom

Terra Luna Classic (LUNC) started a bullish momentum four days after its testnet upgrade. The asset’s Twitter community believes that the current price point might be the bottom for LUNC. Despite the charges that the co-founder of Terraform Labs, Do…

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Former FTX CEO Sam Bankman-Fried wants most criminal charges dismissed

Sam Bankman-Fried (SBF), who previously served as CEO and co-founder of FTX, is seeking to have most of the criminal accusations against him dropped by federal prosecutors.

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Mashinsky argues Celsius Earn account are not securities

Celsius co-founder and former CEO Alex Mashinksy said Celsius Earn’s accounts are not securities in his defense of the New York’s attorney general charges against him, according to a May 2 court filing.

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Do Kwon seeks SEC charges dismissal as S.Korea rules LUNA as non-security

The South Korean district court recently dismissed security violation charges against Terra co-founder Hyun-seong Shin, deeming LUNA as non-security under Korea’s Capital Markets Act.

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Terra co-founder Do Kwon reportedly indicted for document forgery

While Terraforms’ Do Kwon and Han Chang-jun are facing charges in Montenegro, the other co-founder, Shin Hyun-seung, still walks free in South Korea.

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SEC file charges against Bittrex, former CEO for operating without license

The U. S. Securities and Exchange Commission (SEC) has charged crypto exchange Bittrex and its co-founder Bill Shihara for failing to register as a national securities exchange. The SEC pointed out that the exchange’s foreign affiliate, Bittrex Global GmbH, was also charged because it has a single shared order book with the U.

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Terra co-founder Daniel Shin’s arrest denied by court, citing low flight risk

Shin currently faces multiple fraud charges, specifically concerning allegedly hiding risks associated with investing in the in-house tokens by Terraform Labs.

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