In a proceeding before U.S. District Judge Vitaliano, Anatoly Legkodymov agreed to a plea deal dissolving Bitzlato and releasing any claim over approximately $23 million in seized assets of the exchange.
On December 7, U.S. District Court Judge Richard Jones rejected CZ’s request to return to Dubai until his sentencing hearing on February 23, 2024.
Sinbad.io, a key money laundering tool for North Korean hacker Lazarus Group, had its website seized by U.S. authorities and is now facing sanctions over alleged coin mixing services.
The three allegedly recruited Taiwanese and Chinese nationals in the United States to defraud several banks through double credit scams and laundered the funds through ‘crypto.’
While Changpeng Zhao’s guilty plea this week came as a surprise to ordinary people, it wasn't so much for global regulators, who—for years—have been tracking and calling out Binance's illegal activities.
Binance attempts to stay afloat with the appointment of its new CEO after CZ stepped down following a guilty plea on charges tied to sanctions violations and breaching the Bank Secrecy Act.
40-year-old Qiu, who claims to be a water merchant, is said to have received funds from groups involved in criminal acts, exchanging them for Tether before selling it to other parties for cash.
The U.S. Court of Appeals for the Second Circuit rejected Sam Bankman-Fried’s bid to secure release from the Manhattan Detention Center ahead of the October 3 start of his criminal trial.
The two co-founders of the Ethereum-based mixer Tornado Cash were charged by the U.S. Department of Justice with money laundering and sanction violations after they allegedly helped launder $1 billion.
Singaporean authorities seized 11 documents with information on digital assets, as well as luxury cars, property, and gold bars, and arrested ten foreigners.
The disgraced founder of the collapsed FTX digital asset exchange, is heading to jail for violating the terms of his bail, a U.S. federal judge has ordered.