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Former Ethereum Network Advisor Steven Nerayoff Files $9.6 Billion Lawsuit Against U.S. Government Over Cover-Up, False Charges
9.4.2024
Former advisor to the Ethereum network, Steven Nerayoff, is suing the U.S. government for $9.6 billion over personal damages caused by false charges brought against him and its alleged cover-up of federal agents’ failings in the case against him, a Tuesday morning court filing reveals. Tuesday's...
Detained Binance Exec Pleads Not Guilty to Money Laundering Charges in Nigeria: Reports
8.4.2024
Tigran Gambaryan was remanded pending trial, reports say
Binance Executive Pleads Not Guilty to Money Laundering Charges in Nigeria
8.4.2024
Detained Binance executive Tigran Gambaryan has pleaded not guilty to four counts of money laundering charges in Nigeria.
The post Binance Executive Pleads Not Guilty to Money Laundering Charges in Nigeria appeared first on Cryptonews
Binance Nigeria Case Postponed Until April 19th Amidst Criminal Charges
4.4.2024
Tigran Gambrayan and Nadeem Anjarwalla, two Binance executives held against their will by Nigerian authorities, has been postponed until April 19 as the country seeks criminal charges against the duo, a Thursday court hearing reveals. However, only Gambrayan appeared before Judge Emeka Nwite in...
Binance Appoints Board of Directors for First Time in Effort to Rebuild Reputation Following Legal Troubles
2.4.2024
Binance has named a board of directors for the first time, aiming to reshape its image following last year's guilty plea to US charges of anti-money laundering and sanctions violations.
The post Binance Appoints Board of Directors for First Time in Effort to Rebuild Reputation Following Legal...
Tornado Cash Developer Challenges Charges, Files Motion to Dismiss with Legal Arguments
31.3.2024
Roman Storm, co-founder of the cryptocurrency mixer Tornado Cash, has submitted a motion to dismiss all three charges against him, claiming that he did not operate a money laundering business and did not violate the International Emergency Economic Powers Act.
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CFTC Commissioner Caroline Pham Criticizes Her Own Agency After KuCoin Charges, “Aggressive” Enforcement Action
29.3.2024
Commissioner Caroline Pham of the Commodity Futures Trading Commission (CFTC) issued a statement Friday seemingly criticizing her own agency for its latest “aggressive enforcement action" following the agency's KuCoin charges, saying it might “infringe upon the SEC’s authority.”
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KuCoin Announces $10 Million Airdrop Amidst US Justice Department Charges
28.3.2024
KuCoin has announced a $10 million airdrop of Bitcoin and its native KuCoin (KCS) token to their loyal customers.
The post KuCoin Announces $10 Million Airdrop Amidst US Justice Department Charges appeared first on Cryptonews
South Korean Civil Servant Charged with Crypto Fraud
28.3.2024
A South Korean civil servant was arrested on March 27 on charges of committing crypto-related fraud and carrying out voice phishing attacks.
The post South Korean Civil Servant Charged with Crypto Fraud appeared first on Cryptonews
CFTC Takes Legal Action Against Kucoin, Highlights BTC, ETH, and LTC as Commodities
28.3.2024
The U.S. Commodity Futures Trading Commission (CFTC) has filed a lawsuit against Kucoin, emphasizing the classification of bitcoin, ethereum, and litecoin as commodities. The enforcement action, launched in the U.S. District Court for the Southern District of New York, accuses Kucoin of multiple...
KuCoin vows normalcy after US money laundering charges
27.3.2024
KuCoin and its founders have been charged with major violations in the US, putting a dent in its image after Damian Williams put forward the details of the charges. The US Attorney in the Southern District of New York said that KuCoin and Chun Gan & Ke Tang were operating without following...
KuCoin Sees Over $1 Billion Outflows After Money Laundering Charges in US
27.3.2024
Crypto exchange KuCoin saw over $1 billion in outflows in the last 24 hours after the US prosecutors announced charges against the exchange and two of its founders, Chun Gan and Ke Tang, for violating anti-money laundering laws.
The post KuCoin Sees Over $1 Billion Outflows After Money Laundering...
Crypto Exchange KuCoin Violated Anti-Money Laundering Laws, U.S. Charges
26.3.2024
U.S. federal prosecutors charged crypto exchange KuCoin and two of its founders with violating anti-money laundering laws on Tuesday, saying the exchange operated in the U.S., lied to at least one of its investors about operating in the U.S. and failed to both register with U.S. government entities...
Binance Faces Tax Evasion Charges in Nigeria, Executives Detained
25.3.2024
Binance, the world's largest cryptocurrency exchange, is facing tax evasion charges in Nigeria, as the dispute between the exchange and Nigerian authorities escalates.
The post Binance Faces Tax Evasion Charges in Nigeria, Executives Detained appeared first on Cryptonews
Nigeria Charges Binance, Detained Executives With Tax Evasion: Reports
25.3.2024
One of two senior Binance executives in government custody has escaped, local media reported over the weekend
How Many Years Will Sam Bankman-Fried Get In Prison, Really?
22.3.2024
Set to be sentenced next week, disgraced FTX founder Sam Bankman-Fried is facing charges that carry a total maximum penalty of over 100 years in prison. Former U.S. Assistant Attorney and white-collar crime expert Kevin J. O'Brien weighs in on the FTX estate and Bankman-Fried's prison time.
The...
US Law Enforcement Arrests Mastermind of $1.2 Million MEV Rug Pull Scam
21.3.2024
The U.S. law enforcement authorities have arrested Robert Robb, a MEV bot engineer known as “pokerbrat” for allegedly masterminding a $1.2 million crypto rug pull scam. Robb was detained on March 20, according to a screenshot from the Detention Center Inmate information of the Henderson...
DOJ Charges Texas Man for Orchestrating $10 Million Meta-1 Coin Scam
21.3.2024
Texas resident Robert Dunlap has been arrested on federal mail fraud charges in connection with the “Meta-1 Coin” scam that saw investors drained of over $10 million, the Department of Justice reveals. The alleged fraudster had claimed the token was backed by $44 billion in gold and priceless...
Do Kwon Appeal On Extradition To South Korea Denied by Montenegro Court
20.3.2024
A Montenegro appeal court has denied Do Kwon's appeal to overturn a ruling mandating him to be extradited to South Korea. Following a high court ruling in Podgorica on March 5, Kwon is set to be extradited to face charges related to the collapse of Terra in May 2022.
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Do Kwon’s Extradition Appeal To South Korea Denied by Montenegro Court
20.3.2024
A Montenegro appeal court has denied Do Kwon's extradition appeal to overturn a ruling mandating him to be extradited to South Korea. Following a high court ruling in Podgorica on March 5, Kwon is set to be extradited to face charges related to the collapse of Terra in May 2022.
The post...