DOJ

Highlights: OKX operator has pleaded guilty to running an unlicensed business and will pay $505 million in fines. Authorities found that OKX processed $5 billion in transactions that were suspicious and failed to follow anti-money laundering laws. OKX plans to […]

Highlights: A Brazilian man was extradited for a $290 million Bitcoin fraud and now faces multiple charges in a US court. The suspect tricked investors with a fake crypto platform that never existed. The accused could face up to 20 […]

Highlights: HashFlare founders plead guilty to a $575 million crypto fraud and misled investors about mining operations and profits. The scheme used new deposits to pay investors instead of mining cryptocurrency. US and Estonian authorities seized assets and the founders […]

Highlights: KuCoin pleads guilty to money-transmitting fraud in the U.S. KuCoin suspends U.S. operations for two years as part of the deal. Founders step down, while KuCoin focuses on better compliance and security. According to a Bloomberg report, KuCoin, a […]

Highlights: A U.S. judge approved the DOJ’s request to sell 69,370 BTC, valued at $6.5 billion. Bitcoin briefly dropped to $92,800 after the DOJ ruling but slightly rebounded. El Salvador’s President sees the DOJ Bitcoin sale as an opportunity for […]

Highlights: Harmon ran Helix from 2014 to 2017, laundering over 350,000 BTC for criminals. Judge Howell granted leniency due to Harmon’s cooperation and Helix’s shutdown before his arrest. U.S. government cracks down on crypto mixers, sentencing Roman Sterlingov to 12.5 […]

Highlights: Roman Sterlingov received a 12.5-year sentence for running the crypto mixer Bitcoin Fog. Bitcoin Fog laundered $400 million, aiding criminal activities like drug trafficking and identity theft. Sterlingov was ordered to forfeit $395 million, including Bitcoin assets and seized […]

Highlights: DOJ charges Gotbit’s CEO with manipulating crypto trading volumes and deceiving investors with fake activity. Gotbit allegedly used wash trading tactics, boosting client assets’ popularity through artificial transactions. Andriunin and directors face up to 20 years in prison for […]

Highlights: Florida businessman James Scanlon charged with conducting unlawful money transmission services involving cryptocurrency and fiat currency. Scanlon allegedly allowed high-net-worth clients to conduct off-the-books cryptocurrency transactions seeking discreet financial services. After his arrest, facing up to five years in […]

Highlights: The U.S. government is investigating Tether for potential sanctions violations and money laundering. Tether denies ongoing investigations, calling the WSJ report “pure rank speculation.” USDT has a $120 billion market cap and has faced significant regulatory scrutiny. The United […]

Highlights: Authorities charged four crypto companies and 15 individuals with fraud and market manipulation. FBI created a new digital token to uncover criminal activities for the first time. Authorities seized over $25 million in crypto, and four defendants agreed to […]

Highlights: The SEC and DOJ back a class-action suit against Nvidia for hiding over $1 billion in crypto mining revenue. U.S. agencies argue that the case contains enough evidence to proceed, citing former Nvidia employee accounts and internal data. Nvidia […]