KuCoin assures users funds are safe after US levies criminal charges

KuCoin CEO Johnny Lyu said the US criminal charges against the exchange will not affect the platform’s operational stability and assured users that their funds remain safe. Lyu made the statement on social media after the US Department of Justice (DOJ) announced it is levying criminal charges against the exchange for flouting anti-money laundering (AML) […] The post KuCoin assures users funds are safe after US levies criminal charges appeared first on CryptoSlate. дальше »

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KuCoin Charged By DOJ As ‘Money Laundering Hub’ In Alleged $9B Scheme

In a significant development, federal prosecutors in the United States have charged cryptocurrency exchange KuCoin and two of its founders with violating anti-money laundering (AML) laws. Founders Face DOJ Charges  The US Department of Justice (DOJ) unsealed an indictment against KuCoin and its founders, Chun Gan (also known as “Michael”) and Ke Tang (also known […] дальше »

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KuCoin faces US money laundering charges

The U.S. Department of Justice alleges that KuCoin and its two founders were knowingly involved in money laundering. дальше »

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US Charges KuCoin and Founders for ‘Multibillion-Dollar Criminal Conspiracy’

The US has charged KuCoin and its founders with operating a multibillion-dollar criminal conspiracy, failing to adhere to anti-money laundering laws, and putting them at risk of serious prison time. дальше »

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Crypto Exchange KuCoin Violated Anti-Money Laundering Laws, U.S. Charges

U. S. federal prosecutors charged crypto exchange KuCoin and two of its founders with violating anti-money laundering laws on Tuesday, saying the exchange operated in the U. S. , lied to at least one of its investors about operating in the U. дальше »

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Breaking: KuCoin and Its Founders Hit with Criminal Charges in US

The United States Department of Justice has levied criminal charges against cryptocurrency exchange KuCoin and two of its founders дальше »

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Crypto Houdini? Binance Exec Escapes From Nigerian Custody Amid Tax Evasion Charges – Report

One of the two senior executives from crypto exchange Binance has escaped from the Nigerian authorities as criminal charges were pressed against him. The executive was first detained on February 26 as part of Nigeria’s actions against the exchange. дальше »

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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 […] дальше »

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Nigeria Charges Binance With Tax Evasion

Nigeria charges Binance and its officials with tax evasion, aiming to bolster fiscal discipline and ensure cryptocurrency market tax compliance amidst global regulatory challenges. The post Nigeria Charges Binance With Tax Evasion appeared first on BeInCrypto. дальше »

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Nigeria Charges Binance With Tax Evasion After Detained Exec Escapes: Reports

One of two senior Binance executives in government custody has escaped, local media reported over the weekend. дальше »

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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. дальше »

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Korean altcoin issuer detained over $16.1m fraud allegations

A South Korean altcoin issuer was arrested by the Seoul Southern District Prosecutors’ Office’s Virtual Asset Crime Joint Investigation Team on March 19, facing fraud charges. The unnamed individual is accused of defrauding investors of $16.1 million, an arrest that… дальше »

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Genesis Faces $21 Million Penalty As SEC Charges Are Settled

Crypto lender Genesis Global, has agreed to a final judgment imposing a $21 million civil penalty and a permanent injunction as part of a settlement with the US Securities and Exchange Commission (SEC). дальше »

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Embattled Ex-Binance CEO CZ Mulls New Crypto Project With “No New Tokens”

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Genesis to Pay SEC $21M Penalty to Settle Charges Over Gemini Earn Product

The bankrupt crypto lender Genesis Global Capital has agreed to a final judgment ordering it to pay $21 million to settle charges with the U.S. Securities and Exchange Commission (SEC) for violating securities laws by offering and selling its now-defunct Gemini Earn program, the SEC announced Tuesday. дальше »

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Genesis agrees to pay $21m penalty to settle SEC charges

Genesis Global Capital will pay a $21 million fine and enter a permanent injunction to resolve the SEC’s allegations. Genesis will seek an injunction alleging that it offered and sold securities without proper registration, according to a March 19 SEC… дальше »

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Shiba Inu vs Shiba Budz; Meme Coin Showdown This Bull run, Be there or Be Square

As the cryptocurrency bull run charges ahead, a showdown looms on the horizon between two formidable meme coin contenders: Shiba Inu (SHIB) and Shiba Budz (BUDZ). This anticipated clash is not just abThe post Shiba Inu vs Shiba Budz; Meme Coin Showdown This Bull run, Be there or Be Square appeared first on AMBCrypto. дальше »

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$300 Million Crypto Ponzi Scheme Exposed: SEC Files Charges Against 17 Suspects

The US Securities and Exchange Commission (SEC) has taken legal action against 17 individuals allegedly involved in a Crypto Ponzi scheme that defrauded more than 40,000 victims and amassed $300 million. дальше »

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Sam Bankman-Fried Should Spend 40-50 Years in Prison, DOJ Says

Prosecutors recommended that a federal judge sentence FTX founder and former CEO Sam Bankman-Fried to at least 40 and as many as 50 years in prison for his conviction on fraud and conspiracy charges tied to the collapse of what was once one of the world's largest crypto exchanges. дальше »

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SEC charges 17 individuals in $300m crypto Ponzi scheme

The SEC has charged 17 individuals for their involvement in a $300 million Ponzi scheme targeting predominantly Latino investors through the so-called CryptoFX LLC. The U.S. Securities and Exchange Commission (SEC) has brought charges against 17 individuals implicated in a… дальше »

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Binance urges Nigerian authorities to keep dialogue with ‘constructive’ players after halting all services in naira

Binance has issued a compliance statement amid executives’ detention in Nigeria, with their stay in custody until at least March 20. As two executives from Binance remain detained in Nigeria for the second week in a row without any charges… дальше »

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Transaction fees on Layer2 networks decline following the Ethereum Dencun upgrade

Layer2 networks witness substantial declines in transaction fees following the latest Ethereum Dencun upgrade. OKLink data shows Starkent, Optimism (OP), and Arbitrum’s (ARB) daily charges plunged significantly. дальше »

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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. дальше »

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ShapeShift Settles SEC Charges It Sold Crypto Securities

The federal regulator instituted a cease-and-desist against ShapeShift, which dissolved its U.S. crypto exchange in 2021. дальше »

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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. дальше »

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Do Kwon’s US extradition stricken by Montenegro court

The Montenegro Court of Appeals has ruled against fugitive Do Kwon's extradition to the United States to face fraud charges. дальше »

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Terra’s Do Kwon Wins Extradition Appeal in Montenegro as Case Heads for Retrial

Kwon is facing fraud charges in the U.S. around his role in Terra's collapse. дальше »

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UK lawyer claims ‘super villain’ behind $6b Bitcoin laundering case

Jian Wen faces charges of laundering Bitcoin in a London court as part of an alleged $6 billion investment scam, as her defense claims the scheme's true mastermind manipulated her. дальше »

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BONK PRICE ANALYSIS & PREDICTION (February 29) – Bonk Charges Stronger, Aims To Retake Its ATH Following 100% Surge In A Week

Bonk Inu appeared to be gaining traction again after lifting from a key support level. The price looks strongly bullish on the daily chart, making it the current top crypto gainer with 45% gains in the last 24 hours. дальше »

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Sam Bankman-Fried Doesn't Want to Go to Prison for 100 Years

Sam Bankman-Fried's new legal team filed his sentencing memo, alongside 29 different character references and other supporting documents, arguing he shouldn't face a lengthy prison term after his conviction last November on two fraud and five conspiracy charges. дальше »

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Terraform Labs’ Do Kwon to miss start of SEC trial, report says

The crypto entrepreneur Do Kwon, best known for his failed algorithmic stablecoin, will likely skip the beginning of a civil trial on U.S. Securities and Exchange Commission (SEC) fraud charges. Terraform Labs founder Do Kwon will likely skip the start… дальше »

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As Bitcoin (BTC) Charges On, This AVAX Metric May Signal Price Dips for Altcoins – But There’s a Catch

Cryptocurrency analyst Altcoin Sherpa warned regarding the potential for heavy capitulation across the altcoin market if key support levels fail.  AVAX Chart Signals Broad Market Troubles In a tweet post, he highlighted Avalanche’s AVAX token as an important chart to monitor, cautioning that a decisive breakdown could spark a crisis of confidence rippling across cryptos […] The post As Bitcoin (BTC) Charges On, This AVAX Metric May Signal Price Dips for Altcoins – But There’s a Catch appeared first on CaptainAltcoin. дальше »

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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. дальше »

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Terraform Labs’ Do Kwon to be extradited to US after court ruling

High Court in Montenegro has ruled to allow Terraform Labs’ Do Kwon to be extradited to the US. Kwon faces US fraud charges tied to losses from UST stablecoin collapse. SEC alleges Kwon raised billions through unregistered crypto transactions. дальше »

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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. дальше »

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US prosecutors ask judge to approve Binance plea deal

US prosecutors filed a sentencing memo on Feb. 16 asking a federal judge to sign off on the Binance plea deal, Bloomberg News reported. In November 2023, Binance and its former CEO Changpeng Zhao (CZ) pled guilty to charges of money laundering and sanctions violations. дальше »

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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. дальше »

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Safemoon CEO On The Brink Of Losing Legal Representation Due To Lack of Funds

John Karony, CEO of the bankrupt crypto firm SafeMoon, has experienced a setback in his legal defense following his attorneys’ decision to withdraw from the case. Karony is currently facing criminal charges for conspiracy to commit wire fraud, money laundering, and securities fraud in the US. дальше »

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This Memecoin Founder Faces Prison for Legal Fee Default: What’s the Situation?

SafeMoon (SFM) CEO John Karony faces legal counsel withdrawal due to alleged non-payment of fees. Lawyers claim he failed to fulfill financial obligations amid defense against fraud charges. The post This Memecoin Founder Faces Prison for Legal Fee Default: What’s the Situation? appeared first on BeInCrypto. дальше »

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XRP Ledger developer lays out plan to beat ETH, Rebel Satoshi presale charges on

An XRP Ledger developer recently outlined a plan to beat Ethereum. On the other hand, Rebel Satoshi (RBLZ) has outshined new ICOs as its presale surpasses $1.8 million. Let’s discuss what’s happening around XRP and $RBLZ to determine the best crypto to buy! XRPL developer unveils plan to compete with Ethereum On February 1, 2024, […] дальше »

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This Crypto Exchange CEO Just Got Served a 7-Year Prison Sentence

Allegations against Bitsonic's CEO include disguising the exchange's operations while profiting from users and manipulating token prices, while the CTO faces charges for interfering with trading operations to benefit the CEO's schemes. дальше »

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$1.89B Cryptocurrency Scheme Busted by DOJ

The U.S. Department of Justice has announced charges against three individuals in connection with a massive $1.89 billion fraud scheme дальше »

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Colorado: $3.2M INDXcoin crypto-scam exposed after cheating 300

Denver pastor and wife accused of defrauding over 300 people in a crypto-scam Couple faces charges for their misleading INDXcoin scheme, exploiting church community trust A pastor and his wiThe post Colorado: $3. дальше »

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Pastor faces legal charges for luring congregation into buying worthless crypto

Colorado pastor Eli Regalado and his wife Kaitlyn face legal turmoil after scamming his followers to invest in INDXcoin, a worthless digital coin, pocketing around $1. 3 million. Regalados used their church platform to lure 300 Christians to invest $3. дальше »

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Coinbase SEC Hearing Falls Short, According to Crypto Legal Expert

Delve into the ongoing legal battle between Coinbase and the SEC, as the crypto exchange seeks to dismiss charges in a lengthy court hearing. The post Coinbase SEC Hearing Falls Short, According to Crypto Legal Expert appeared first on BeInCrypto. дальше »

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