4 / 7 Relevant items tagged with #DoJ

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BNB Price Crash To $5 Unlikely Despite Binance Critic’s Dire Predictions

[Nov 22, 2023 6:00 PM] A Binance critic, “Whale Wire,” on X, who also claims to be a crypto whale, has issued a bold prediction that BNB, the native currency of the BNB Chain and which is used to incentivize trading activity on Binance, could plunge 95% to…

Binance New CEO Affirms Strength In Company’s Fundamentals

[Nov 22, 2023 12:00 PM] The world’s leading cryptocurrency exchange Binance new Chief Executive Officer (CEO) and former global head of regional markets Richard Teng has recently expressed his confidence in the crypto company’s fundamentals. Binance…

Did Binance’s CZ predict his own downfall?

[Nov 22, 2023 6:32 AM] An exclusive interview with Cointelegraph in 2018 highlighted growing scrutiny of Binance’s meteoric growth.

Spot Bitcoin ETF Odds ‘Might Have Increased To 100%’: Matrixport

[Nov 22, 2023 2:15 AM] Matrixport, a leading digital finance platform, today, November 22, released a comprehensive research note focusing on the significant implications of yesterday’s developments in the crypto industry, particularly regarding the prospects of a…

Is Binance Big Enough to Survive a $4.3B Fine and Founder CZ’s Ousting?

[Nov 21, 2023 7:42 PM]

Binance's Busy Day, Kraken's Second SEC Fight

[Nov 21, 2023 7:30 PM] Binance is paying one of the largest fines in corporate history to the U.S. Department of Justice, while its founder and CEO, Changpeng "CZ" Zhao, stepped down from his role running the platform as part of a settlement with multiple federal…

Binance Founder Changpeng 'CZ' Zhao Released on $175M Bond, Will Be Sentenced in February

[Nov 21, 2023 6:42 PM] Binance founder and former CEO Changpeng "CZ" Zhao has been released from custody on a $175 million personal recognizance bond.

Binance charges prove 'following the rules' was the right decision: Coinbase CEO

[Nov 21, 2023 3:46 PM] Brian Armstrong reflected on the announcement of criminal charges against Binance, stating that Coinbase’s decision to get licenses was correct.

Binance to Pay $4.3B to Settle U.S. Accusations; Changpeng 'CZ' Zhao Resigns as CEO and Pleads Guilty in Seattle

[Nov 21, 2023 10:16 AM] The DOJ will hold a press release later today to announce the settlement.

Tether Worth $9M Tied to 'Pig Butchering' Scams Is Seized by U.S. DOJ

[Nov 21, 2023 9:15 AM] The U.S. Department of Justice (DOJ) has seized $9 million worth of the USDT stablecoin linked to organizations that exploited victims through "pig butchering" scams.

Binance Faces $4 Billion Demand From US Justice Department to Settle Criminal Case: Report

[Nov 20, 2023 8:30 PM] Cryptocurrency exchange Binance is reportedly facing a $4 billion demand from the U.S. Department of Justice (DOJ) in order to settle a criminal case. The Justice Department has been investigating Binance on allegations related to money laundering…

Tether Freezes $225 Million in USDT After DOJ Investigation, Calling It ‘Largest-Ever Freeze of USDT’

[Nov 20, 2023 6:30 PM] Tether has announced the “largest-ever freeze of USDT in history.” In collaboration with crypto exchange Okx, Tether froze $225 million in USDT following an investigation by the U.S. Department of Justice (DOJ). The tokens were…

Tether Freezes $225M Linked to Human Trafficking Syndicate Amid DOJ Investigation

[Nov 20, 2023 8:16 AM] Stablecoin issuer Tether has frozen $225 million worth of its stablecoin following an investigation by the U.S. Department of Justice (DOJ) into an international human trafficking syndicate in Southeast Asia.

Former SEC Official Warns SBF Conviction Is ‘Just the Tip of the Iceberg’ for All of Crypto

[Nov 4, 2023 8:30 PM] The U.S. Securities and Exchange Commission’s former head of internet enforcement says the conviction of ex-FTX CEO Sam Bankman-Fried (SBF) is “just the tip of the iceberg” for the entire crypto industry. “People should not think…

Safemoon Founders Indicted for Fraudulently Diverting Investor Funds

[Nov 1, 2023 11:31 AM] The founders of cryptocurrency Safemoon have been indicted on charges of securities fraud, wire fraud, and money laundering related to the alleged misappropriation of millions of dollars of investor funds. Braden John Karony, Kyle Nagy, and Thomas…

'Bruno Brock', Founder of Oyster Pearl, Gets Four Year Jail Term for Tax Evasion

[Nov 1, 2023 1:55 AM] Elmaani pleaded guilty in April 2023, agreeing that he caused a tax loss of over $5.5 million.

U.S. Lawmakers Lummis, Hill Urge DOJ Decision on Charging Binance, Tether for Aiding Hamas

[Oct 26, 2023 11:38 AM] U.S. lawmakers Senator Cynthia Lummis (R-Wy.) and Rep. French Hill (R-Ark.) have urged the Department of Justice to "expeditiously conclude" investigations and reach a decision on charging Binance and Tether for aiding terrorism financing for Hamas.

Former SEC Official Urges DOJ Action Against Crypto Industry — Says Crypto Grifters Need Threat of Prison Time

[Sep 25, 2023 6:00 PM] The U.S. Securities and Exchange Commission’s former head of internet enforcement has called on the U.S. Department of Justice (DOJ) to prosecute more crypto firms. “The stark reality is that the SEC is merely a civil enforcement agency. And…

Tornado Cash Developer Roman Storm Pleads Not Guilty to Money Laundering, Other Charges

[Sep 6, 2023 10:24 AM] Tornado Cash developer Roman Storm pleaded "not guilty" to charges of conspiring to operate a money transmitter or facilitate money laundering and sanctions evasion in a court appearance Wednesday.

Bitcoin futures data hints at $22K as the next logical step

[Sep 4, 2023 8:45 AM] BTC derivatives flipped bearish after Bitcoin failed to establish bullish momentum despite the heightened spot ETF prospects.

Tornado Cash Founders Accused, Court Rules in Favor of Grayscale Against SEC, and More — Bitcoin.com News Week in Review

[Sep 3, 2023 5:30 AM] The U.S. government has charged the founders of crypto mixing and privacy tool Tornado Cash with money laundering, calling them “criminals.” In other news, the U.S. Court of Appeals for the District of Columbia has ruled in favor of…

No, Bitcoin withdrawals from exchanges are not inherently bullish for crypto

[Aug 30, 2023 3:00 PM] Traders say the record-low number of BTC held on exchanges is a bull signal, but data suggests otherwise.

SEC’s ‘Secret’ Filing in Binance Case Could Relate to Criminal Investigation, Says Former SEC Official

[Aug 29, 2023 6:30 PM] The U.S. Securities and Exchange Commission’s former head of Internet enforcement suspects that the SEC’s “secret” filing in the Binance case is a “rare” tactic that could relate to the Department of Justice’s criminal…

FTX Founder’s Expert Witnesses Face Exclusion in Fraud Trial

[Aug 29, 2023 2:30 PM] The U.S. Department of Justice filed a motion on Monday seeking to bar all seven of Sam Bankman-Fried’s proposed expert witnesses from testifying in the former FTX CEO’s upcoming fraud trial. Federal prosecutors cited issues with the…

Binance Renames Russian Bank Cards Amid US Sanctions Probe, Report

[Aug 26, 2023 2:30 AM] Crypto exchange Binance has replaced the names of cards issued by Russian banks with colors, Russian media revealed amid reports of a U.S. investigation into potential sanctions violations. The changes concern the ruble exchange feature on…

FTX’s Sam Bankman-Fried prosecutors submit proposed jury instructions for trial

[Aug 22, 2023 12:19 AM] Ahead of FTX co-founder Sam Bankman-Fried’s October trial, government prosecutors have laid out their requests for how the jury should be directed.

FTX Boss Sam Bankman-Fried in Custody, Bail Revoked, Remanded to Jail

[Aug 11, 2023 2:37 PM] FTX co-founder Sam Bankman-Fried was taken into custody and his bail was rescinded on Friday, in anticipation of his trial scheduled for October. Matthew Russell Lee of the Inner City Press disclosed a synopsis of the August 11 hearing on the…

DOJ Demands Revocation of Bankman-Fried’s Bail, Wants Him Confined in Metropolitan Detention Center for Trial

[Aug 4, 2023 2:30 PM] After accusations against the disgraced FTX co-founder, Sam Bankman-Fried, for allegedly meddling with a witness by providing the New York Times with excerpts from former Alameda Research CEO Caroline Ellison’s private journal, the legal team…

New York Man Admits to Billion-Dollar Bitcoin Hack From 2016, Pleads Guilty With Wife to Money Laundering

[Aug 3, 2023 4:30 PM] In an unexpected revelation, Ilya Lichtenstein, 35, confessed to being the original hacker behind the 2016 cyberattack on crypto exchange Bitfinex, a theft that was once worth $4.5 billion. Lichtenstein made the admission while pleading guilty to…

DOJ Action Against Binance: A Hidden Blessing For Bitcoin And Crypto Markets?

[Aug 3, 2023 2:30 AM] The looming prospect of a U.S. Department of Justice (DOJ) action against Binance, the largest crypto exchange, may hold a silver lining for Bitcoin and the broader markets. Even if this sounds crazy at first, there are good arguments for it…