department of justice – Page 14

BitMex denies CFTC and DoJ allegations, says trading will continue

Despite criminal charges from the DOJ and at least one arrest of its leadership, Bitmex promises to continue operating as usual.

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US authorities go after 280 crypto accounts allegedly tied to North Korea

Two Chinese crypto exchanges allegedly lost millions of dollars to North Korean hackers.

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US Takes Down $25 Million Bitcoin ATM Operation, Seizes 17 Machines

US Takes Down $25 Million Bitcoin ATM Operation, Seizes 17 Machines The U.S. government has taken down a $25 million bitcoin ATM operation and seized 17 machines along with some cryptocurrencies. The Department of Justice says the man behind this unlicensed bitcoin ATM operation has agreed to plead guilty and is facing up to 30 years in prison. US Dismantles Bitcoin ATM Operation The U.S. Department […]

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Investor Charged in US After Obtaining Covid-19 Relief Loan to Trade Cryptocurrency

Investor Charged in US After Obtaining Covid-19 Relief Loan to Trade Cryptocurrency The U.S. has charged an investor after he obtained two loans worth over $1.1 million from the Paycheck Protection Program (PPP) intended for covid-19 relief and used some of the money to invest in cryptocurrency. He was taken into custody on allegations he fraudulently obtained the loans. Crypto Investor Charged The U.S. Department of Justice […]

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15 People Plead Guilty in Bitcoin-Powered Fake Auctions Case

The U.S. Department of Justice received two more guilty pleas from Romanian nationals involved in a crypto-fuelled transnational cyber fraud ring on June 11.

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If You Held Crypto on CoinGather in 2017 the US Government Wants to Give it Back

The FBI is seeking individuals who held crypto assets on CoinGather who appeared to conduct an exit scam in November 2017.

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COVID-19 Domain Seized After Attempted Sale for BTC

The fraudulent domain was seized after its owner attempted to sell it to a Homeland Security Department agent

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US Charges North Korea-Linked Chinese Nationals for Laundering Over $100 Million in Stolen Cryptocurrency

US Charges North Korea-Linked Chinese Nationals for Laundering Over $100 Million in Stolen Cryptocurrency The U.S. government has charged two Chinese nationals involved in laundering stolen cryptocurrency worth $100 million from an exchange allegedly for the benefit of North Korea. They are linked to the U.S.-designated North Korean state-sponsored Lazarus Group. A total of 113 cryptocurrency accounts and addresses used to launder funds have been identified. Also read: SEC […]

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Wells Fargo Fined $3 Billion for 15 Years of Illegal Practices Affecting Millions of Customers

Wells Fargo Fined $3 Billion for 15 Years of Illegal Practices Affecting Millions of Customers Wells Fargo, one of the largest U.S. financial services companies, has agreed to pay $3 billion to resolve the U.S. government’s investigations into fraudulent sales practices spanning over 15 years. The Wells Fargo fraud case involved the company forging customer signatures, moving money from millions of customer accounts to unauthorized accounts, and misusing customers’ sensitive […]

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U.S. Gov’t Extradites Alleged Fraudster for Selling Fake Securities for $11 M in BTC

U.S. extradites man for selling investors shares in gold company that had no gold in exchange for over $11 million in Bitcoin and other cryptos

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