U.S. authorities plan to announce an enforcement action against an international crypto entity at noon ET today. Representatives from the FBI, the Office of Foreign Asset Control (OFAC), the Fi...
Tag: Authorities
Authorities in Germany, Bulgaria, Serbia, Cyprus Take Down Crypto Scam Network – Regulation Bitcoin News
Authorities in Germany, Bulgaria, Serbia, and Cyprus have taken down a cryptocurrency scam network in collaboration with Europol. “The suspects used advertisements on social networks to lure victims t...
Nexo Witnesses Withdrawal Spike Post Raid by Financial Authorities
On January 13 Nexo’s Bitcoin holdings were down to 124,939 BTC, a reduction of 8,324 BTC. Co-founder Antoni Trenchev told that the withdrawals amounted to barely 2% of Nexo’s AUM. Similar to the withd...
European Authorities Crackdown on Fraud Crypto Call Centers
The facilities were located in Serbia, Bulgaria, Cyprus, and Germany. Authorities conducted interviews with over 250 suspects. Authorities in Europe have shut down a fraud network of call centers that...
Bulgarian authorities charge four individuals following raid on Nexo office: Report
Less than 48 hours after a raid on cryptocurrency lender Nexo’s offices in the Bulgarian capital of Sofia, prosecutors have reportedly charged four people. According to a Jan. 13 report by Bloomberg, ...
Australian Authorities Say Crypto Is Too Often Used for Money Laundering
Australian law enforcement agents are claiming that crypto has become the number one go-to tool for those looking to commit money laundering or financial fraud. Australian Authorities Issue Crypto War...
Crypto Lender Nexo Raided by Authorities in Bulgaria
Authorities in Bulgaria are probing crypto lender Nexo on the accusation of laundering money, tax fraud, unregistered banking, and online scams. According to Bulgarian National Television, It is suspe...
Bulgarian Authorities Probe Nexo for Money Laundering
– Advertisement – The Bulgarian government recently launched a full-scale raid on 15 sites connected to the alleged illegal activity carried out by Nexo. The Bulgarian government has initi...
Authorities raid Bulgarian offices of crypto lender Nexo
Listen to this article. Bulgarian authorities have raided the Sofia offices of crypto lender Nexo amid claims of a number of violations, including tax offenses and computer fraud. Police targeted more...
NEXO Bulgarian Offices Reportedly Raided by Authorities
The Bulgarian offices of the popular cryptocurrency lending platform Nexo are being raided by authorities, according to major local media. Per the coverage, there are prosecutors, counter-intelligence...
Bulgarian Authorities Raid Nexo Offices Amid Money Laundering Investigations
Reports have emerged that the offices of crypto lender Nexo have been raided by Bulgarian authorities. The Switzerland-based company has been the subject of liquidity rumors for a few months now, but ...
Korean tax authorities investigate Bithumb, subsidiaries
The National Tax Service (NTS) of Korea opened a “special tax investigation” into the affairs of Bithumb Holdings and its subsidiary companies, according to Korean news outlet Yonhap News....
Former FTX Chief Engineer Wants A Deal With US Authorities: Report
Unlike FTX Group executives Caroline Ellison and Gary Wang, who pleaded guilty earlier during the investigation, Nishad Singh – the former chief engineer of the defunct crypto exchange – doesn’t have ...
US Authorities Probe DCG’s Internal Transactions with Genesis
DCG received a $575 million loan from its subsidiary Genesis. DCG and its CEO are not accused of any wrongdoing. Regulating looking for a lead searching into internal documents of the organization. ...
German authorities warn about Godfather banking and crypto virus
Germany’s financial authorities have issued an alert due to the fast spread of a new economic virus that affects banking and cryptocurrency apps. Germany’s Federal Financial Supervisory Authority (BaF...
US Authorities Investigating Financial Transactions between DCG and Genesis
The crypto winter has exposed the frailty in the business models of many companies in Web3, and the implosion of the FTX Derivatives Exchange back in November further aggravated the financial inconsis...
U.S. Authorities Investigate Transfers Between Digital Currency Group and Genesis
Digital Currency Group (DCG) is a venture capital firm that invests in and incubates companies in the digital currency and blockchain technology space. Genesis is a digital currency trading platform a...
Utah authorities discover mysterious crypto-linked antennas in the mountains; Searching for owners
Authorities in Utah are seeking to unravel the mystery behind antennas that have been cropping on the foothills within the Salt Lake City area. Notably, there is insufficient information on the indivi...
Digital Currency Group under investigation by U.S. authorities: Report
Crypto conglomerate Digital Currency Group, or DCG, are under investigation by the United States Department of Justice’s Eastern District of New York (EDNY) and the Securities and Exchange Commi...
NFT Rug Pull Artist Behind MAYC Copycat Charged by US Authorities
Vladislav Sopov 24-year old suspect was arrested last night at JFK airport for alleged $2.9 million fraud Contents NFT dev charged with rug pull with $2.9 million stolen “Community went way too ...
Crypto Conglomerate DCG Under Investigation By U.S Authorities.
Digital Currency Group, better known as DCG, is currently under investigation by U.S. authorities. According to a report by Bloomberg, U.S. prosecutors in New York – specifically, the city of Brookl...
Binance Faces Intense Scrutiny by U.S Authorities Post Rival FTX Fall
49 mins ago | 2 mins read Exchange News Reports surfaced last year linking the exchange to the Russian dark web marketplace. The multibillion-dollar collapse of FTX rocked the faith of investors. Pros...
US authorities request information from hedge funds about Binance: WaPo
U.S. authorities are requesting information from investment firms on cryptocurrency exchange Binance, according to a report from the Washington Post. As per the report, the U.S. attorney’s office fo...
Barry Silbert’s DCG is reportedly being investigated by US SEC and New York authorities
Following the decision by the Digital Currency Group (DCG) to shut down its wealth management unit, United States authorities are now reportedly investigating the company’s internal financial transfer...
Are Authorities Tightening Grip Around Bankman-Fried’s Close FTX Associates?
Sam Bankman-Fried does not seem to get comfort as authorities keep on investigating and trying every means. US authorities recently reported a probe on SBF’s associate at FTX who’s also from his inner...
US authorities launch page to notify FTX’s alleged victims about SBF’s case
The United States Attorney’s Office for the Southern District of New York has launched a page on its website appealing to Sam Bankman-Fried’s alleged victims of fraud at FTX to come forward and inform...
US authorities are turning their attention to FTX’s Nishad Singh: Report
The United States Securities and Exchange Commission and Commodity Futures Trading Commission and prosecutors are reportedly investigating former FTX engineering director Nishad Singh for potentially ...
Why This FTX Former Chief Engineer Is Now Under The Lens Of U.S. Authorities
U.S. authorities are casting a bigger net to come after key figures who may have been involved in anomalies at disgraced crypto exchange FTX. The U.S. Securities and Exchange Commission (SEC) and Comm...
FTX engineering director Nishad Singh is being probed by U.S. authorities
Federal authorities in the U.S. are probing former FTX engineering director Nishad Singh, according to a Jan. 5 report from Bloomberg. That report suggests that if Manhattan prosecutors discover that ...
United States authorities turn focus toward missing former FTX executive
United States law enforcement agencies are investigating Nishad Singh’s role in the collapse of FTX The SEC, CFTC, and SDNY are all looking into his activities at the exchange Singh was the Director o...
MoneyGram Asks Authorities to Seal Portions of Fillings in Ripple vs. SEC Case
MoneyGram, an international payments company, asked the U.S. District Court for the Southern District of New York (SDNY) to “seal certain portions of the parties’ Summary Judgment Materials” in the on...
Former FTX’s top lawyer assists US authorities in SBF legal case
Daniel Friedberg, former FTX’s lawyer, is said to be helping the US authorities in the FTX case. He reportedly revealed the customers’ funds abuse to regulators. Daniel Friedberg collaborates with the...