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Rabotnik, Affiliate of Ransomware Group REvil, Sentenced to 13 Years in Jail
2.5.2024
Ukrainian national, Yaroslav Vasinskyi, also known as Rabotnik, has been sentenced 13 years and seven months in prison for his role in conducting over 2,500 ransomware attacks and demanding over $700 million in ransom payments, the Department of Justice announced Wednesday
Wyoming Senator Slams DOJ’s Take on Non-Custodial Crypto Software, Vows to Protect User Rights
2.5.2024
Wyoming’s Republican Senator Cynthia Lummis has responded to the Department of Justice’s (DOJ) latest argument regarding non-custodial software. Lummis’s remarks follow the DOJ’s reply brief on the indictment against Tornado Cash developer Roman Storm’s motion to dismiss. Senator Lummis...
Jack Dorsey’s Block Faces DOJ Probe Over Alleged Transactions With Sanctioned Nations and Terrorist Groups
2.5.2024
Department of Justice (DOJ) federal prosecutors from the Southern District of New York are investigating fintech company Block, formerly known as Square, for significant compliance failures in its transaction monitoring systems after a former employee revealed lapses that included processing...
Crypto veterans call out DOJ for targeting Roger Ver a decade after he left US
1.5.2024
A majority of the crypto community criticized the US government for its indictment against Ver, and a few users called it a part of the larger anti-crypto stance of the Biden administration
Bitcoin.com Addresses Charges Against Early Investor and Founder Roger Ver
30.4.2024
On April 30, 2024, the U.S. Department of Justice (DOJ) detained Roger Ver, a trailblazing investor in bitcoin, on accusations of tax evasion and submitting fraudulent tax returns. The following update is accompanied by a statement from Bitcoin.com regarding the allegations against the company’s...
Coin Center Warns of DOJ Overreach in Tornado Cash, Samourai Wallet Cases
30.4.2024
The recent actions by the Department of Justice (DOJ) against non-custodial crypto wallet developers have sparked controversy and concern within the cryptocurrency community. According to Coin Center, these charges mark a significant shift from previous U.S. policies regarding money transmission...
Former Binance Boss Changpeng Zhao Sentenced to 4 Months in Jail
30.4.2024
On Tuesday, April 30, 2024, Changpeng Zhao (CZ), formerly the CEO of Binance, was sentenced in a Seattle courtroom for his compliance failures at the cryptocurrency exchange. The sentencing was first covered by Nikhilesh De and Danny Nelson of Coindesk, who reported directly from the courthouse....
Why the DOJ May Have Recommended a Three-Year Sentence for CZ
29.4.2024
Former Binance CEO Changpeng "CZ" Zhao now faces the genuine possibility that he'll spend three years in federal prison in the U.S. – well above the possible 18 months laid out in his plea agreement
Does Money Transmitting Require Control? DOJ Says No in Tornado Cash Litigation
29.4.2024
Since the Department of Justice (DOJ) filed its legal opposition to the pretrial motions of Tornado Cash developers Roman Storm and Roman Semenov, there has been a buzz within the cryptocurrency community regarding specific aspects of the court filing. A key point raised by the prosecutors is their...
DOJ’s Tornado Cash arguments show ‘obvious disdain for privacy’ — Lawyer
29.4.2024
DeFi Education Fund’s legal chief said the prosecutors’ arguments against Roman Storm’s motion to dismiss were “filled with technical inaccuracies.”
DOJ challenges motion to dismiss Tornado Cash co-founder’s charges
28.4.2024
According to the filing, the DOJ criticized Tornado Cash’s co-founders for inadequate changes to exclude sanctioned addresses
DOJ Counters Motion to Dismiss Charges Against Tornado Cash Developer
28.4.2024
In a notable development, the U.S. Department of Justice (DOJ) has countered a motion to dismiss the criminal charges against Roman Semenov, a developer of the cryptocurrency mixing service Tornado Cash, highlighting the alleged strength of its case in a recent court submission. Prosecutors Assert...
DOJ Counters Tornado Cash Developer Roman Storm’s Defense, Asserting Money Transmitting Operations
27.4.2024
The US DOJ has rejected Tornado Cash developer Roman Storm's motion to dismiss criminal charges, arguing that the defense's filing presented disputed facts that should be weighed by a jury rather than being resolved in an early-stage motion.
The post DOJ Counters Tornado Cash Developer Roman...
DOJ Disputes Roman Storm's Characterization of Tornado Cash Operations in New Filing
27.4.2024
The U.S. Department of Justice rebuffed Roman Storm's motion to dismiss criminal charges against him late Friday
Warren Flags Crypto Ties to Child Sexual Abuse in Letter to DOJ, Homeland Security
26.4.2024
Leading crypto critic U.S. Sen. Elizabeth Warren (D-Mass.) has asked U.S. Attorney General Merrick Garland what tools the federal government needs to crack down on the use of digital assets to perpetrate child sexual exploitation, according to a letter she sent to the top U.S. law-enforcement...
The Non-Custodial Conflict: US Government Actions Stir Crypto Community Concerns
26.4.2024
Over the past two days, there has been a notable uptick in concern within the crypto community regarding the U.S. government’s actions toward non-custodial wallets, which facilitate the sovereign storage of crypto assets. Recent events have fueled a widespread belief that a targeted campaign...
Edward Snowden Defends Crypto Privacy, Criticizes DOJ for Samourai Wallet Arrests
25.4.2024
Edward Snowden criticized the U.S. Department of Justice (DOJ) for targeting app developers aimed at restoring financial privacy, responding to the arrest of the founders and CEO of cryptocurrency mixing service Samourai Wallet on charges related to money laundering and operating without a license....
Former Binance Boss CZ Apologizes, Accepts Responsibility Ahead of Sentencing
24.4.2024
Changpeng Zhao, the former CEO of Binance, has publicly apologized for his past decisions and accepted full responsibility for his actions. This comes as U.S. prosecutors are seeking a 36-month prison sentence for Zhao in connection with compliance failures at the cryptocurrency exchange. Changpeng...
US Prosecutors Seek 36-Month Sentence for Binance’s Changpeng Zhao Over Legal Violations
24.4.2024
Federal prosecutors have recommended a 36-month prison sentence for Changpeng Zhao (CZ), the cryptocurrency exchange Binance’s former CEO, for U.S. law violations. Prosecutors contend Zhao’s deliberate non-compliance facilitated massive unlawful transactions, impacting national security...
Binance Founder Changpeng Zhao Apologizes Ahead of Sentencing, 161 Others Send Letters of Support
24.4.2024
Binance's founder and former chief executive, Changpeng "CZ" Zhao has apologised for his "poor decisions" and accepted "full responsibility" for his actions, in a letter to the judge overseeing his case