Tag: DoJ
Coinbase Freezes $3M Linked to Southeast Asia Crypto Fraud Rings
U.S. froze $701M in crypto linked to Southeast Asian scam compounds targeting Americans. Over 503 fake investment websites and a scam recruitment Telegram channel were…
DOJ Uncovers Alleged $2M Crypto Laundering Operation Tied to Darknet
In 2022, Andresen reportedly logged into dormant wallets on the site called Dream Market and transferred millions of untouched cryptocurrency commission payments. The U.S. and…
Fed Power Clash Ends: Tillis Signals Green Light for Warsh
Sen. Thom Tillis said he will support Kevin Warsh’s nomination to be the next Federal Reserve chairman. The IG probe focuses on cost overruns during…
SafeMoon CEO Gets 8 Years for $10M Crypto Fraud
SafeMoon CEO Karony was sentenced to 8 years for defrauding investors of $9M in crypto. Karony used diverted funds to buy luxury homes, cars, and…
Crypto News: Pig-Butchering Scams Are Now A Matter Of National Security – Chainalysis
Chainalysis warns pig-butchering crypto scams are escalating, posing national security risks and prompting global law enforcement action. The pig-butchering scam has grown beyond simple…
DeFi News : Storm Raises Alarm on DOJ Targeting DeFi Builders
Roman Storm cautions about the DOJ prosecuting developers of DeFi retroactively, which has become a cause of panic in the crypto community regarding the clarity…
Ramil Palafox Pleads Guilty To Defrauding More Than 90,000 Investors Of $200M
Praetorian Group CEO Ramil Ventura Palafox pleads guilty to $200M Bitcoin Ponzi scheme that defrauded 90,000 investors. Ramil Ventura Palafox, the chief executive of Praetorian…
US Hits BlackSuit RansomWare Gang Hard, Takes Down Servers And Seizes $1 Million In Crypto
S and global law enforcement dismantled the BlackSuit ransomware group, seizing $1M in crypto in a coordinated crackdown. US and international law enforcement agencies…
US DEA Seizes $10 Million in Crypto During Sinaloa Cartel Drug Crackdown
Key Insights: The DEA in the US recently cracked down on the Sinaloa Cartel, seizing $10 million in crypto. This comes amid a nationwide drug…
