US DOJ Announce $4.3B Settlement with Binance
United States Department of Justice representatives declared that Changpeng “CZ” Zhao, the CEO of Binance, will enter a guilty plea to a single felony charge following a $4.3B settlement involving the exchange and various criminal and civil cases. During a press conference on November 21, Attorney General Merrick Garland declared that CZ submitted his plea […]
$3.9B USDT Transfer on Binance Draws Community Attention
Social media users within the cryptocurrency community have shifted their attention to a $3.9 billion Tether transaction between Binance wallets after reports indicating that the US Department of Justice (DOJ) is negotiating a $4 billion settlement with the company. The Justice Department is reportedly negotiating with cryptocurrency exchange Binance over a $4 billion sanction agreement, […]
Tornado Cash Co-founder Released on Bail – Lawyer
Roman Storm, co-founder of the cryptocurrency mixing service Tornado Cash, was arrested on money laundering and other offenses on August 23. According to his lawyer, he was released on bail shortly after detention by the United States Department of Justice (DOJ). On August 24, Storm’s attorney, Brian Klein, announced on X (formerly Twitter) that Storm […]
US DoJ Accuses SBF of Exposing Private Diary of Witness
The United States Department of Justice (DoJ) filed a complaint against FTX founder Sam Bankman-Fried (SBF), accusing him of disclosing the private documents of its witness Caroline Ellison, a former business associate and romantic partner. In a new complaint filed on July 20, the Department of Justice accused Bankman-Fried of attempting to obstruct justice by […]
US DOJ Doubles Effort to Target Crypto Ransomware Crimes
The United States Department of Justice (DoJ) has announced that it will double the size of its 2021-established crypto crime team by merging it with the Computer Crime and Intellectual Property Section. The Department of Justice published Nicole Argentieri’s remarks at the Center for Strategic and International Studies on July 20. In her address, Argentieri […]