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TD Bank Makes History as First US Bank to Plead Guilty to Money Laundering Conspiracy

[Oct 14 1:30 AM] TD Bank, one of the largest financial institutions in the U.S., has agreed to pay a record $3 billion penalty, the largest ever under the Bank Secrecy Act, after pleading guilty to felony charges. The bank is the largest in U.S. history to plead…

Nigerian Scammer’s Crypto Wallet Seized by Kansas Attorney General

[Sep 6 12:30 AM] Kansas Attorney General Kris Kobach announced the recovery of an international crypto wallet and stated that the funds will be returned to a Kansas resident defrauded in a crypto scam. This followed a lawsuit against Bimbo Toyin Akinyemi, a…

Nvidia denies receiving DOJ antitrust subpoena

[Sep 4 11:23 PM] Nvidia shares saw a slight after-hours bump as the chipmaker denied a report that it received a Justice Department antitrust probe.

Judge approves delaying forfeiture of donations from FTX-funded PACs

[Jul 26 12:52 PM] Former FTX CEO Sam Bankman-Fried reportedly donated roughly $40 million directly to political candidates and PACs in 2022 before the collapse of his crypto exchange.

Sens. Lummis, Wyden oppose Justice Dept. stance on Tornado Cash charges

[May 13 1:29 PM] If the Justice Dept. prevails in the case against the cryptocurrency mixer, internet service providers and the post office may also be liable to transmitter requirements, they said.

U.S. Government Crypto Wallets Transfer Nearly $1B of Bitcoin Seized From Bitfinex Hacker

[Feb 28 2:31 PM] Wallets containing bitcoin seized by the U.S. government in the notorious Bitfinex hack – later leading to guilty pleas for Ilya Lichtenstein and Heather "Razzlekhan" Morgan – have suddenly become active.

CZ an ‘unacceptable risk of flight,’ should stay in US: DOJ

[Nov 22, 2023 10:58 PM] U.S. prosecutors are pushing for CZ to stay in the country, saying they “would not be able to secure his return” if he’s allowed back to Dubai.

Binance Settlements Could End Death-Spiral Fears – And Might Be Good News

[Nov 22, 2023 1:35 PM] The crypto exchange Binance's expensive deal with U.S. prosecutors this week bears harsh consequences, but could mean a positive outlook for the company in the long term.

US Justice Dept. is reportedly ready to settle with Binance for $4 billion

[Nov 20, 2023 1:43 PM] According to a report, an agreement to settle Justice Department charges against the company may be settled by the end of the month.

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…

First Mover Americas: Justice Department May Charge Binance With Fraud: Report

[Aug 3, 2023 6:31 AM] The latest price moves in bitcoin (BTC) and crypto markets in context for August 2, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Binance Reportedly Lays Off Over 1,000 Employees, CZ Says Exchange Is Hiring

[Jul 15, 2023 2:00 PM] Leading crypto exchange Binance has cut hundreds of jobs after a string of executive exits, according to a media report. The news, which comes as the coin trading platform marks its sixth anniversary amid increased pressure from regulators, was…

CFTC Takes Action Against New York Resident for $21M Crypto Pooling Scam

[Jun 23, 2023 2:17 AM] The Commodity Futures Trading Commission (CFTC) has filed an enforcement action against a New York city resident, William Koo Ichioka, for fraudulently misappropriating over $21 million from over 100 commodity pool participants' funds.

US Justice Department charges two men in Mt. Gox hack

[Jun 9, 2023 2:30 PM] The Justice Department claims Alexey Bilyuchenko and Aleksandr Verner took control of a Mt. Gox server and stole 647,000 Bitcoin from the exchange.

Binance Reportedly Investigated in US for Russia Sanctions Violations

[May 7, 2023 1:30 AM] Cryptocurrency exchange Binance is facing a U.S. probe over suspected violations of sanctions against Russia, according to a media report. The inquiry is looking into whether the trading platform was used by Russians to circumvent financial…

U.S. Justice Department Investigating Binance For Russia-Related Sanctions Violations: Bloomberg

[May 5, 2023 8:40 PM] The United States Justice Department's national security division is conducting an inquiry into whether Binance allowed the violation of U.S. sanctions related to Russia's invasion of Ukraine on its platform, according to a Bloomberg report.

Credit Suisse, UBS, Other Banks Facing Russia Sanctions Probe in US, Report

[Mar 25, 2023 3:30 PM] Switzerland’s troubled Credit Suisse and its rescuer, USB, are subject to an investigation into whether bankers helped Russian oligarchs evade Western sanctions, according to a media report. Some major U.S. banking institutions are also under…

Signature Bank investigated for money laundering prior to demise: Report

[Mar 14, 2023 8:44 PM] The pro-crypto bank was reportedly under dual investigations to uncover if it was taking proactive measures to stop money laundering.

Binance Processed $346 Million for Crypto Exchange Bitzlato, Report Claims

[Jan 25, 2023 9:30 PM] Cryptocurrency exchange Binance has reportedly processed nearly $346 million in crypto transactions for Bitzlato, the coin trading platform that was shut down in an international law enforcement operation. U.S. authorities say the world’s…

Bitzlato Exchange Busted as US Deals ‘Blow to Crypto Crime,’ Arrests Owner

[Jan 18, 2023 6:30 PM] Cryptocurrency exchange Bitzlato, better known to the Russian-speaking segment of the market, has been taken down as part of an “international cryptocurrency enforcement action,” the U.S. Justice Department announced. The Russian…