Bookmarking Crypto Insights
Auto Added by WPeMatico
Changpeng Zhao, the CEO of Binance, has decided to step down from his role and admit guilt to criminal charges. This move comes as part of a settlement with the US government, which has leveled three specific charges against Binance: conspiracy, violation of the International Emergency Economic Powers Act, and operating an unlicensed money-transmitting business. … Read more
Brian Armstrong reflected on the announcement of criminal charges against Binance, stating that Coinbase’s decision to get licenses was correct. Go to Source
BTC derivatives flipped bearish after Bitcoin failed to establish bullish momentum despite the heightened spot ETF prospects. Go to Source
Traders say the record-low number of BTC held on exchanges is a bull signal, but data suggests otherwise. Go to Source
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. Go to Source
A skilled computer security engineer has been charged with wire fraud and money laundering related to an attack on a decentralized exchange. Go to Source Powered by WPeMatico
A District Judge ordered a separate trial for the DOJ’s charges against Sam Bankman-Fried which were added following his extradition to the U.S. Go to Source Powered by WPeMatico
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 restrictions imposed over Moscow’s invasion of Ukraine. Crypto Exchange Binance Faces Another US Probe, Sources Say The U.S. Department … Read more
On April 14, 2023, the Department of Justice (DOJ) for the Southern District of New York revealed that the hacker responsible for the Silk Road marketplace breach had been sentenced to a year in prison for wire fraud charges. James Zhong stole more than 50,000 bitcoin from the darknet marketplace (DNM) in September 2012. DOJ … Read more
The U.S. Department of Justice (DOJ) says it has seized cryptocurrency worth over $112 million linked to fraudulent investment schemes known as “pig butchering.” According to court documents, the seized crypto accounts were allegedly “used to launder proceeds of various cryptocurrency confidence scams,” the Justice Department said. $112 Million in Crypto Seized by DOJ The … Read more