OneCoin ex-compliance chief faces 40 years over money laundering, wire fraud charges
Irina Dilkinska allegedly laid the foundation for Ruja Ignatova and her cronies to launder billions, including setting up shell companies for lawyer Mark Scott.
Latest Crypto Crime Cartel News
Coinbase Wells Notice: SEC prepping enforcement action for securities violations
U.S. SEC believes it has identified securities violations relating to "aspects of the Company's spot market, staking service Coinbase Earn, Coinbase Prime and Coinbase Wallet" products.
Judge’s Voyager ruling pushing US authorities to act against Binance
The U.S. judge allowing Binance.US to acquire Voyager Digital’s assets may be pushing federal authorities to accelerate criminal and civil actions against the international Binance.
NYAG calls Ethereum a security and destroys decentralization myth
The NYAG filed charges against exchange KuCoin last week over failing to register as a securities and commodities broker-dealer while ETH was expressly labeled a security in the charges.
Sam Bankman-Fried got $2.2 billion from FTX, was nearly forced out in 2018
FTX’s new management filed a series of declarations detailing its efforts to make sense of SBF’s tangled financial web, and among it is the $3.2 billion in payments and ‘loans’ by FTX and its affiliates.
Signature Bank in money laundering probe, auction buyer must ditch crypto ops
Signature Bank was under federal investigation for suspected money laundering by its crypto clients before the New York financial institution was taken over by state and federal regulators.
Coin mixer ChipMixer taken down by global authorities
Europol has announced a joint operation between German and U.S. authorities to take down ChipMixer, which authorities allege has been used to launder EUR 2.73 billion in digital assets.
Should Shaquille O’Neal, Naomi Osaka be removed from FTX lawsuit? Court wants to know
Disgruntled investors led by Edwin Garrison headed to court on the grounds that the endorsements from celebrities convinced them to use FTX, leading to the loss of funds.
Binance delists British pound after payments provider bails
Owing to the stringent regulatory environment in the United Kingdom, Paysafe moves to suspend deposit and withdrawal of GBP for existing Binance customers from May 22.
Ethereum is a security—CFTC is wrong
As per the legal opinion of both the chairman of the Securities and Exchange Commission and the New York Attorney General, Ethereum, and most other tokens sold via ICO, are unregistered securities.
Mt. Gox pushes payment deadline to October 2023
The Mt. Gox trustee also gave creditors one more month—until April 6—to select their repayment method as the largest creditor claims he’ll hodl the BTC.
New York’s KuCoin lawsuit calls ETH a ‘speculative’ security
New York’s Attorney General is accusing the KuCoin digital asset exchange of violating state laws on selling unregistered securities, specifically singling out ETH as one of those securities.