Justice Department – DIGIT INFO

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

DIGIT — Mon, 14 Oct 2024 02:01:25 +0000

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 guilty to Bank Secrecy Act program failures and the first to […]

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Nigerian Scammer’s Crypto Wallet Seized by Kansas Attorney General

DIGIT — Fri, 06 Sep 2024 00:30:06 +0000

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 Nigerian national accused of the fraud. The court ordered full restitution and penalties, enabling the Attorney […]

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Nvidia denies receiving DOJ antitrust subpoena

DIGIT — Wed, 04 Sep 2024 23:23:22 +0000

Nvidia shares saw a slight after-hours bump as the chipmaker denied a report that it received a Justice Department antitrust probe.

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Judge approves delaying forfeiture of donations from FTX-funded PACs

DIGIT — Fri, 26 Jul 2024 18:52:23 +0000

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.

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

DIGIT — Mon, 13 May 2024 19:29:03 +0000

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.

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

DIGIT — Thu, 23 Nov 2023 05:15:09 +0000

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.

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

DIGIT — Mon, 20 Nov 2023 19:43:26 +0000

According to a report, an agreement to settle Justice Department charges against the company may be settled by the end of the month.

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US Justice Department charges two men in Mt. Gox hack

DIGIT — Fri, 09 Jun 2023 21:35:04 +0000

The Justice Department claims Alexey Bilyuchenko and Aleksandr Verner took control of a Mt. Gox server and stole 647,000 Bitcoin from the exchange.

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Binance Reportedly Investigated in US for Russia Sanctions Violations

DIGIT — Sun, 07 May 2023 07:49:58 +0000

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 […]

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

DIGIT — Sat, 25 Mar 2023 21:30:44 +0000

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 scrutiny within the probe initiated by the Justice Department, sources say. Credit Suisse, US Banks Investigated for Suspected Sanctions Violations […]

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