Number of Do Kwon’s victims could exceed one million — court filing
The Terraform Labs co-founder is in US custody after pleading not guilty to nine felony charges related to fraud at the platform. Go to Source
Crimes
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Do Kwon’s superseding indictment includes money laundering charge
The Terraform Labs co-founder was indicted on eight felony charges in 2023 but will likely face an additional count for money laundering conspiracy. Go to Source
Crypto criminals who are spending their first New Year’s in prison
From Sam Bankman-Fried to the man responsible for hacking Bitfinex, many convicted felons are ringing in 2025 behind bars. Go to Source
North Korean hackers stole $1.3B in crypto in 2024 — Chainalysis
Hackers connected to the reclusive nation whose entities are often targeted by US sanctions reportedly doubled the amount of crypto they stole in 2023. Go to Source
Bitfinex hacker speaks out after sentencing
Ilya Lichtenstein urged his social media followers not to blame his wife — also implicated in money laundering — for the 2016 Bitfinex hack. Go to Source
Alleged SEC hacker allowed to travel for the holidays
A federal judge has given Eric Council Jr., who pleaded not guilty to compromising the SEC’s X account, permission to travel to North Carolina between Dec. 23 and Dec. 29. Go to Source
South Korean prosecutors seek 6 months for lawmaker who allegedly hid crypto
National Assembly member Kim Nam-kuk left South Korea’s Democratic Party in 2023 after allegations of cashing out $4 million in crypto holdings. Go to Source
Judge cancels ex-Celsius exec sentencing after Alex Mashinsky plea deal
Former Celsius chief revenue officer Roni Cohen-Pavon pleaded guilty to US criminal charges in 2023 and has been allowed to travel to Israel on bail. Go to Source
IcomTech promoter sentenced to 10 years in prison
The judge ordered David Brend to report to a federal prison in Florida by Dec. 16 to serve his 120-month sentence. Go to Source
Alex Mashinsky to plead guilty to two charges in plea deal
US authorities charged the former Celsius CEO with seven felony counts related to fraud and misleading users after reaching a “non-prosecution agreement” with the company in 2023. Go to Source