DOJ
Congress' FTX Problem: 1 in 3 Members Got Cash From Crypto Exchange's Bosses
The session began with 196 U.S. lawmakers who took direct contributions from Sam Bankman-Fried and other former FTX executives, and many of them are still trying to get rid of it.
DCG Reportedly Probed For Genesis Transfers
Barry Silbert’s Digital Currency Group (DCG) is reportedly being investigated by the U.S. Department of Justice’s (DOJ) Eastern District of New York and the U.S. Securities and Exchange Commission (SEC), according to Bloomberg. The entities are examining financial transfers between DCG and its Genesis unit. DCG is the parent company of CoinDesk. Pacific Street Managing Director Gareth Rhodes shares his analysis.
CFTC Alleges Market Manipulation Against Mango Markets Exploiter
DOJ arrested Avraham Eisenberg last year on similar charges.
Crypto Conglomerate DCG Being Investigated by DOJ, SEC: Report
The inquiries, which appear to be in an early stage, are focused on financial transfers between DCG and its Genesis unit, according to the Bloomberg report.
New Judge Assigned in Sam Bankman-Fried Case; DOJ Launches Criminal Probe Into $400M FTX Hack: Report
U.S. District Judge Lewis Kaplan has been assigned to preside over the fraud case against former FTX CEO Sam Bankman-Fried. Meanwhile, Bloomberg reports the U.S. Department of Justice has launched a criminal probe into the alleged hack that drained nearly $400 million out of FTX-controlled wallets the night the Bahamas-based exchange filed for bankruptcy.
Co-Founder of OneCoin Pyramid Scheme Pleads Guilty; ‘CryptoQueen’ Still Wanted
Karl Greenwood has admitted to federal wire fraud and money laundering charges in the $4 billion OneCoin scam, the U.S. Department of Justice says.
US Government Wants to ‘Send a Message’ to Crypto With SBF’s Arrest, Says Former US Prosecutor
Renato Mariotti, now a partner at international law firm Bryan Cave Leighton Paisner, discusses why regulators are “eager to plant a flag” on the crypto industry.
Understanding the Charges Brought Against Sam Bankman-Fried
The SEC, CFTC and DOJ treat the FTX founder as an ambitious and calculating criminal.
US Prosecutors Look to Charge Binance, Executives on Possible Money Laundering Violations: Reuters
The Department of Justice has also discussed a possible plea deal with Binance's lawyers, the report added.
Two Estonian Citizens Charged With Running a Series of Crypto Scams Totaling $575M
According to the Department of Justice, the two men used shell companies to launder the proceeds of their fraudulent schemes and buy luxury cars and real estate in Estonia.
