BTC-e founder pleads guilty in $9 billion laundering conspiracy
A federal district court judge will determine his sentence in accordance with the U.S. Sentencing Guidelines and other statutory factors. Go to Source
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Terraform claims SEC offered ‘no evidence’ for $4.7B in disgorgement
Lawyers for the firm claimed that any alleged losses caused by the platform’s or Do Kwon’s actions happened outside the United States, beyond the SEC’s authority in the civil case. Go to Source
Nigerian court postpones money laundering trial of Binance and execs
A judge in Nigeria reportedly adjourned proceedings in a case against Binance and two executives until May 17 to allow lawyers to review certain documents. Go to Source
Binance ties SAFU fund to USDC: Is the fund missing out on potential gains?
Binance has exchanged a diversified $1 billion crypto portfolio in SAFU funds into USD Coin. Go to Source
Changpeng Zhao gets 4 months, Sam Bankman-Fried gets 25 years — Why?
One former CEO went to trial and maintained his innocence, one admitted fault and turned himself in. Go to Source
Changpeng Zhao four-month prison sentence lighter than expected
Prosecutors initially sought to charge the former Binance executive with 36 months. Go to Source
Ex-Binance CEO Changpeng Zhao sentenced to four months in prison
Changpeng Zhao, also known as CZ, pleaded guilty in November to violating U.S. money laundering laws and had been free to travel in the United States on a $175 million bond. Go to Source
Samourai Wallet co-founder pleads not guilty, released on $1M bond
The terms of Keonne Rodriguez’s bail prevent him from engaging in “any cryptocurrency transactions, directly or indirectly,” without prior approval from the court. Go to Source
Terraform proposes $1M penalty for SEC case, no relief or disgorgement
Lawyers for Terraform claimed that seeking disgorgement from the platform would involve the Luna Foundation Guard, a “non-party” in the SEC’s civil case. Go to Source
South Korean ministries look to upgrade status of crypto crime unit
The temporary unit is reportedly being transformed into a permanent department as enforcement actions rise dramatically in South Korea. Go to Source
