2024-4-28 14:45 |
According to the prosecutors, the scale of losses justifies the sentence recommendation.
origin »Bitcoin price in Telegram @btc_price_every_hour
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David Pan, the founder of the Taiwanese crypto exchange ACE, alongside six other suspects, has been charged by prosecutors with fraud and money laundering. According to the official press release, a court ruled the confiscation of Pan’s assets.
2024-4-11 01:30 | |
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Sam Bankman-Fried, the disgraced former CEO of collapsed crypto exchange FTX, deserves a jail term of not less than 40 years, US prosecutors said on Friday. According to the sentencing memo the Department of Justice, Southern District of New York, filed on Friday, what Bankman-Fried needs is 40 to 50 years in prison. The prosecution […]
2024-3-16 23:24 | |
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Crypto bigshot Do Kwon, who is wanted by prosecutors and the subject of a class action lawsuit by more than 300 investors from Singapore, is reportedly seeking refuge in Europe. This is according to information shared both by the South Korean prosecutors and the Korean Broadcasting System (KBS).
2022-11-5 12:02 | |
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There’s a new development in the Tether bank fraud probe, according to a Monday report by Bloomberg
2022-10-31 18:45 | |
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According to the prosecutors office, all six wanted individuals from Terraform Labs currently reside in Singapore. Manhunt Begins for Do Kwon The law is finally catching up with Do Kwon....
2022-9-14 13:09 | |
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According to a report from Reuters, the CEO and founder of the world’s largest crypto exchange Binance, Changpeng “CZ” Zhao, was under investigation by U. S. federal prosecutors. Launched in 2020 by the Justice Department, authorities in the country were seeking information about the company’s anti-money laundering activity.
2022-9-1 17:25 | |
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On Wednesday, a team of South Korean investigators raided the offices of seven domestic crypto exchanges as part of an ongoing probe into the fall of Terraform Labs’ dual tokens LUNA and TerraUSD (UST) according to a report in a local media outlet.
2022-7-21 23:32 | |
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As part of the investigation into the collapse of Terra in May, South Korean prosecutors raided seven local crypto exchanges on July 20, according to a report by Yonhap News Agency. The post South Korean investigators raid 7 local exchanges in Terra probe appeared first on CryptoSlate.
2022-7-20 18:10 | |
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South Korea’s prosecutor’s office has restricted key employees of Terraform Labs from leaving the country, according to a report by local media outlet JTBC on June 20. The post South Korean prosecutors have banned Terra employees from leaving the country appeared first on CryptoSlate.
2022-6-21 22:01 | |
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Prosecutors have started to investigate Terraform Labs CEO Do Kwon for tax evasion, according to reports from local media. South Korean Prosecutors Seize Tax Data SBS News reported today that...
2022-6-16 00:25 | |
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U.S. prosecutors have suggested that BitMEX co-founder Arthur Hayes should spend more than a year in jail, according to reports. Hayes Could Receive Longer Sentence Prosecutors are seeking additional jail...
2022-5-14 23:39 | |
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BitMEX co-founder Samuel Reed pleaded guilty to anti-money laundering offenses and agreed to pay a $10 million fine, according to a statement from the US Attorney’s Office on Thursday. Reed is the exchange’s third founder to enter a plea agreement with US prosecutors.
2022-3-10 16:31 | |
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Japanese police have made progress on the Coincheck hack investigations, having recently identified 30 individuals that might have been involved. According to Nikkei Asia, which broke the news, the authorities have arrested some of the alleged hack suspects or referred their cases to the local prosecutors’ office.
2021-1-22 20:15 | |
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A South Korean court has sentenced the former CEO of the defunct crypto exchange Coinnest to 18 months in prison. The court also fined him over $61,000, who also was charged for fraud in 2020. Prosecutors Accused Coinnest Executives of Receiving 110 BTC in Bribes According to Fn News, the Supreme Court of Korea determined […]
2021-1-15 17:00 | |
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The cyberhackers used bitcoin to cover their ties to critical hacking campaign "infrastructure" such as servers and domain names, according to an indictment unsealed Monday by U.S. prosecutors.
2020-10-20 21:08 | |
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BitMEX, the most widely utilized bitcoin margin trading platform, failed to enact proper compliance procedures and allowed unregistered trading, among other violations, according to US regulators. The United States Commodity Futures Trading Commission has charged BitMEX cryptocurrency exchange, CEO Arthur Hayes, the firm’s owners (Samuel Reed and Ben Delo), and corporate entities (HDR Global Trading […]
2020-10-2 22:36 | |
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Following the arrest of 109 accused members of the $6 billion Ponzi scheme called Plustoken, six alleged members of the team were prosecuted according to a court filing submitted on Monday. The prosecutors say the individuals are “suspected in organizing and leading criminal pyramid schemes.
2020-9-10 03:00 | |
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Goldman Sachs vice president and known Bitcoin skeptic Richard Gnodde is among 17 senior executives who could face ten years’ in prison for money laundering. Vice President Could Face 10 Years In Jail According to a press release from Malaysia’s attorney general August 9, Gnodde is now wanted in connection with the infamous 1MDB scandal from 2013.
2019-8-10 01:00 | |
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U. S. Attorney's office for the Southern District of New York has charged two individuals for providing “shadow banking” services to crypto exchanges. According to a statement by Geoffrey S.
2019-5-2 23:54 | |
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Local prosecutors in Japan have charged an 18-year old male with cryptocurrency theft. Per a report published in a local news outlet, the Metropolitan Police Department (MPD) of Japan are accusing the young adult of stealing 15 million Yen ($134,310) worth of stealing MonaCoin (MONA)—a Litecoin hard fork.
2019-3-16 11:39 | |
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Following his arrest by authorities at LAX airport, Konstantin Ignatov, leader of the OneCoin ponzi scam, now faces charges. His sister, Ruja, who founded OneCoin, also faces multiple charges of fraud and money laundering — although currently remains at large.
2019-3-9 20:00 | |
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US Prosecutors Arrest Leader Of Multi-billion Dollar Crypto Scam OneCoin Prosecutors from New York have recently managed to arrest the leader of OneCoin, a very well known crypto scam which made several billion dollars of profit for its owners.
2019-3-9 01:06 | |
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According to a recent report, Joel Ortiz, the 20-year-old student from Boston who was indicted by prosecutors in Santa Clara, California, has been sentenced to 10 years in prison in what is believed to be the very first SIM swapping conviction in the United States.
2019-2-6 01:17 | |
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Several of South Korea’s top crypto exchanges have found themselves in hot water, with executives at a couple of exchanges facing criminal charges and jail time. According to a news report on the Korean website Blockinpress, the CEO of Komid, a Korean crypto exchange, has received a three-year prison sentence for committing fraud against investors by artificially inflating the exchange’s actual trading volume.
2019-1-23 00:57 | |
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According to a report published by Finance Magnates, on December 25, 2018, South Korean authorities have arrested nine cybercriminals for orchestrating drug deals using cryptocurrencies. Execute Illegal Transactions with DarkCoin On December 23, 2018, the Seoul Central District Prosecutors’ Office stated that the criminals arrested used the darknet and even set up their website to facilitate the trade of drugs.
2018-12-26 20:00 | |
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Drug Dealers In South Korea Arrested After Receiving Payments In Crypto Drug dealers in South Korea have been arrested by local authorities after selling drugs online and accepting virtual currencies as payment.
2018-12-26 19:28 | |
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Former Mt. Gox CEO Mark Karpeles has run into trouble in the Japanese legal system, and prosecutors are pursuing a 10-year jail sentence for alleged embezzlement during his tenure at Mt.
2018-12-13 21:15 | |
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Jared Rice Sr. , CEO of the Dallas-based bank AriseBank, was arrested by the Federal Bureau of Investigation (FBI) on Wednesday, November 28, 2018, and charged with six counts of securities fraud and wire fraud.
2018-11-30 23:03 | |
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Yet another group of organized criminals have been apprehended after illegally acquiring cryptocurrency. Three individuals in Bulgaria have been arrested and charged after obtaining over $3 million (5 million lev) through illegal schemes.
2018-11-26 18:18 | |
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As Bitcoin (BTC) drops, the U. S. Justice Department is investigating whether last year’s epic rally was fueled in part by manipulation, with traders driving it up with Tether — a popular but controversial digital token.
2018-11-21 17:40 | |
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The Seoul Southern District Public Prosecutors’ Office has reportedly indicted two executives of South Korean crypto exchange Coinnest for accepting a bribe in exchange for listing a cryptocurrency.
2018-9-24 19:10 | |
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A court in the USA has today ruled that tokens sold during ICOs count as securities under federal law, according to Bloomberg, which stated in an article that “Federal prosecutors won a key legal victory when a judge ruled that U.
2018-9-12 21:09 | |
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The operator of two now-defunct cryptocurrency services – BitFunder and WeExchange – has pleaded guilty on charges of securities fraud and obstruction of justice. Jon Montroll, 37, also known as Ukyo, has pleaded guilty to securities fraud and obstruction of justice in front of the U.
2018-7-25 09:00 | |
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The operator of now defunct Bitcoin (BTC) stock exchange BitFunder has pleaded guilty to federal charges of obstruction of justice and securities fraud, Reuters reports July 23. According to prosecutors, 37-year old Jon Montroll, also known as Ukyo, also pleaded guilty to obstruction of justice, admitting that he provided false balance statements to the U.S.
2018-7-24 09:09 | |
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US Prosecutors seized over $22 million in assets from two men in Maryland on charges of production and selling counterfeit drugs through the Dark Web. $17 million (at the time of seizure) of the amount was in Bitcoin (BTC) and other cryptocurrencies.
2018-6-28 04:00 | |
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Japanese prosecutors from 10 prefectures have arrested 16 individuals suspected of involvement in an ongoing criminal case of cryptojacking, local news outlet The Asahi Shimbun reports June 15. Cryptojacking is the practice of using unsuspecting users’ processing power in order to mine cryptocurrency for the attacker. According to the report by Asahi Shimbun, the arrested
2018-6-17 03:07 | |
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National Assembly member Kim Nam-kuk left South Korea’s Democratic Party in 2023 after allegations of cashing out $4 million in crypto holdings.
After pleading guilty to six felony charges in February 2023 after FTX’s collapse, the former engineering director could face years in prison.
Lawyers representing the former Alameda Research CEO have requested time served and supervised release — an outcome that appeared more likely after a filing by US Attorneys.
At a Sept. 12 hearing, Judge Lewis Kaplan moved up Ryan Salame’s reporting date by two days and considered vacating his guilty plea.