A US judge sentences Rui-Siang Lin, who pled guilty to operating the $105M+ dark web narcotics marketplace Incognito Market, to 30 years in US federal prison
U.S. prosecutors say the Taiwanese operator of the $105 Million Incognito Market used cryptocurrency and anonymity tools …
US prosecutors charge Kai West, a UK man known as IntelBroker who was arrested in February in France, with conspiring to steal data from dozens of companies
A 25-year-old British man known as “IntelBroker” was accused by US authorities of conspiring to steal data from dozens of companies …
Crypto exchange OKX settles charges with the US DOJ and will pay over $500M in penalties and forfeited fees after facilitating $5B+ in suspicious transactions
Ian Allison / CoinDesk :
Terraform Labs co-founder Do Kwon pleads not guilty before a US federal judge in New York to nine counts, including wire fraud, over the $40B TerraUSD collapse
- Kwon was extradited from Montenegro earlier this week — He is also facing fraud prosecution in his native South Korea
US prosecutors say crypto exchange BitMEX pled guilty to one count of violating the Bank Secrecy Act by not having an adequate AML program from 2015 to 2020
US prosecutors say crypto exchange BitMEX pled guilty to one count of violating the Bank Secrecy Act by not having an adequate AML program from 2015 to 2020
- U.S. agencies are paying attention now, and they are aggressively reviewing those early practices, as we've seen again and again recently.
A US judge sentences former FTX executive Ryan Salame to 7.5 years after he pled guilty to criminal charges over political contributions and more in 2023
But He Can Keep His Porsche X: Ryan Salame / @rsalame7926 : @eigenfxn ... I didn't steal shit, the government and all the cooperating witnesses said I didn't. Ryan Salame / @rsalam...
The US DOJ indicts two brothers for allegedly stealing $25M in crypto via an exploit of the MEV-Boost software used by some Ethereum validators
The alleged 12-second attack related to the controversial practice known as MEV, or maximal extractable value. — 10 Years of Decentralizing the Future
US prosecutors charge two founders of Samourai Wallet, saying the crypto mixing service facilitated more than $100M in money laundering transactions
- US prosecutors say Samourai Wallet was ‘haven for criminals’ — Europol has said crypto mixing services are a ‘top threat’
A US jury finds Avraham Eisenberg, a crypto trader who stole $110M on the Mango Markets exchange in 2022, guilty of fraud despite his “code is law” claim
but the outcome could also help protect it. By @Michael_Bodley 🗞️ Read more:... [image] @newyorkfbi : In the Justice Department's first cryptocurrency open-market manipulation case...
The US DOJ charges crypto exchange KuCoin and two co-founders with violating anti-money laundering laws, failing to register with the US government, and more
a big crypto exchange—charged criminally https://www.justice.gov/... @cftc : .@CFTC Charges KuCoin with Operating Illegal Digital Asset Derivatives Exchange: https://www.cftc.gov/....
US federal prosecutors charge Tingo Group founder Mmobuosi Odogwu Banye with securities fraud in New York for allegedly inflating Tingo's financial statements
- Criminal charges follow SEC lawsuit against Dozy Mmobuosi — Mmobuosi is still ‘at large,’ federal prosecutors in NY said
The US sentences Karl Greenwood, who co-founded OneCoin in 2014 alongside Ruja Ignatova, to 20 years and orders him to pay $300M; Greenwood had pleaded guilty
- Karl Sebastian Greenwood, who co-founded OneCoin in 2014 with the so-called “Crypto Queen” Ruja Ignatova, was sentenced to 20 years on Tuesday.
A US court sentences Roger Thomas Clark, Silk Road's second-in-command behind Ross Ulbricht, to 20 years, after his extradition from Thailand in June 2018
Andy Greenberg / Wired :
A New York federal judge sentences James Zhong, who stole 50K+ bitcoin from Silk Road in 2012, to one year and one day in prison; Zhong faced 27 to 33 months
Bloomberg reports: — “A Georgia man who stole more than 50,000 Bitcoin … Tweets: @sdnynews : Silk road dark web fraud defendant sentenced following seizure and forfeiture of over...
A New York federal judge sentences James Zhong, who stole 50K+ bitcoin from Silk Road in 2012, to one year and one day in prison; Zhong faced 27 to 33 months
A Georgia man who stole more than 50,000 Bitcoin from the Silk Road drug-trafficking site before his cache hit $3.35 billion in value must serve a year in prison.
US authorities arrest student loan service Frank founder Charlie Javice; the SEC charges her with falsifying Frank user numbers for JPMorgan's $175M acquisition
and do compare that sentence to every person in jail for a non-violent, cannabis “crime” — and let's remember to free those innocent souls. #justice https://twitter.com/... Alex Ro...
The US charges exiled Chinese businessman Guo Wengui with a conspiracy to defraud his online followers out of $1B+, including $262M through a crypto “ecosystem”
Meta rolls out a Variance Reduction System, its AI ad-targeting tech meant to comply with its DOJ settlement and reduce discrimination in housing ads, in the US
Jon Fingas / Engadget :
The SDNY says ex-Alameda CEO Caroline Ellison and ex-FTX CTO Gary Wang pleaded guilty to federal charges, both are cooperating, and releases them on $250K bonds
Washington Post :