DOJ Shuts Down Bitcoin Fog, Darknet’s Top BTC Service
Roman Sterlingov was sentenced to 12.5 years for operating Bitcoin Fog, a darknet BTC mixing service that laundered over $400 million in criminal proceeds. DOJ Shuts Down Bitcoin Fog Roman Sterlingov has been sentenced to prison for operating Bitcoin Fog, a BTC blending service, according to the U.S. Department of Justice (DOJ) on Friday. The […]
DOJ Targets Russian CEO in Crypto Market Manipulation Crackdown
The DOJ has indicted Gotbit CEO Aleksei Andriunin for wire fraud and market manipulation, alleging he inflated cryptocurrency visibility through fake trading. On Thursday, the U.S. Department of Justice (DOJ) said that Aleksei Andriunin, the founder and CEO of the cryptocurrency financial services company Gotbit, has been charged with wire fraud, plot to commit market […]
CLS Global Commits to Cooperation Amid US SEC, FBI, DOJ Crypto Investigation
CLS Global maintains tight non-US policy amid regulatory scrutiny, improving compliance and fostering dialogue with US authorities. In response to recent U.S. regulatory actions involving cryptocurrency firms, including CLS Global, the company has affirmed its position and pledged full cooperation with regulatory bodies. As investigations proceed by the U.S. Securities and Exchange Commission (SEC), Department of […]
DOJ Charges 21-Year-Old in $37M Crypto Heist and Cyber Intrusion
A 21-year-old from Indiana pleaded guilty to a cyber intrusion scheme, stealing over $37 million in cryptocurrency and personal data. In a massive scheme that targeted hundreds of victims, a 21-year-old from Indiana has pleaded guilty to cryptocurrency larceny and cyber intrusion. His actions included stealing confidential data and cryptocurrency valued at over $37 million. […]
Changpeng Zhao Release Causes Dip of BTC & BNB tokens
On September 27, Changpeng Zhao was released early from custody, and the price of Bitcoin and Binance BNB tokens declined since the beginning of the trading day. Zhao was the 24th richest individual in the world at the time, with a net worth of approximately $61 billion as of June 2024, according to a previous […]