Binance’s ties to US hedge funds probed by DoJ as outflow surges
Former DoJ prosecutor John Ghose said Binance "did not have a reputation of being a responsible exchange" as authorities look into hedge funds tied to the controversial exchange.
Former DoJ prosecutor John Ghose said Binance "did not have a reputation of being a responsible exchange" as authorities look into hedge funds tied to the controversial exchange.
The DoJ and the SEC are probing DCG’s transactions with Genesis, while prosecutors in New York are seeking documents as well as interviews with staff.
The suspects are charges related to fraud operated a sham virtual currency project and siphoned $45 million from investors, which they allegedly used to purchase luxury real estate and vehicles.
Among Mashinsky's many sins, chief among them is his promise to prospective investors of high yields with minimal risk reassuring that their digital assets would be "as safe as money in a bank."
The U.S. SEC objects to Binance's acquisition of digital asset lender Voyager over doubts that the exchange could complete the billion-dollar transaction, and if it can, whose money will it be?
The New York DFS announced that it had reached a $100m settlement with Coinbase after a probe identified failures in its AML program, including its KYC/customer due diligence (CDD).
The scammers bait FTX victims by using a website that appears to be run by the U.S. Department of State, claiming that they will be able to return their assets.
The securities regulator filed a motion claiming that the Hinman speech materials need to be sealed as they “unquestionably reflect confidential deliberations” by its officials.
Following an in-depth consultation, the IRS said it is pushing back the implementation of a new reporting threshold to the 2023 tax year to help taxpayers prepare and avoid confusion.
The DOJ is looking into the $372 million hack from FTX-controlled wallets that occurred the day after the embattled firm of former CEO Sam Bankman-Fried filed for Chapter 11 bankruptcy.
Sam Bankman-Fried’s only hope of not spending the best years of his life behind bars is to dish the dirt he has on the biggest crypto criminals: Binance and Tether.
Despite being flagged for unlicensed loan brokering, MyConstant says it will continue to offer some of its services to investors, including virtual currency-backed loans.