U.S. prosecutors are moving to seize the US$460 million worth of Robinhood Markets Inc., shares linked to Sam Bankman-Fried, the former chief executive officer of Bahamas-based bankrupt cryptocurrency...
Tag: Authorities
Former FTX Lawyer Cooperates With US Authorities in SBF Case (Report)
Daniel Friedberg – the former leading lawyer of crypto exchange FTX – has reportedly given vital information to American prosecutors that could help the authorities during the lawsuit against Sam Bank...
Iranian authorities returned 150k of seized crypto mining equipment
Iran is releasing up to 150,000 pieces of crypto mining equipment previously seized by the authorities following a court order. Since 2021, the Organization for Collection and Sale of State-Owned Prop...
US Authorities to Probe Suspicious Alameda, SBF Wallet Transfers: Report
Although the disgraced founder of both FTX and Alameda Research is currently on bail under strict rules, there were multiple suspicious transfers of crypto assets from wallets linked to him or his for...
Top V Global executives jailed by South Korea authorities for defrauding investors
South Korea authorities recently sentenced top executives of V Global, a cryptocurrency exchange, for defrauding investors. Mr.Yang and Mr. Oh were sentenced to eight years and three years in jail, re...
Over $3.5B of FTX Deposits Is Under “Exclusive Custody” of Bahamian Authorities
6 hours ago | 2 mins read Exchange News The Bahamian Securities and Commission seized $3.5B of FTX deposits. Sam Bankman informed the authorities to take over the digital assets. After approval of t...
United States Authorities in Search of $370 Million FTX Funds Hackers
Legal scrutiny continues Federal authorities are trying to trace the hackers who wiped out $370 million of customers’ funds soon after FTX filed for bankruptcy under Chapter 11. As reported by The Wa...
US authorities are investigating the FTX hack: Bloomberg
The U.S. Department of Justice launched an investigation into a hack of FTX. Hackers stole somewhere between $370 million and $400 million in crypto assets from the exchange’s wallets on ...
US authorities charges Mango Market exploiter with fraud
United States prosecutors on Monday filed criminal charges of commodities fraud and manipulation against Avraham Eisenberg for allegedly trying to steal $110 million from Mango Markets, a DeFi protoco...
Buenos Aires Authorities Announce Crypto Mining Tax From 2023
2 hours ago | 2 mins read Bitcoin News The application of this new tax system will begin in January 2023. The taxes would be paid directly to the provincial government. Argentine authorities in the pr...
Authorities in Italy, Albania Bust $16M Suspected Crypto Investment Scam
An organized crime group carried out the operation out of a call center in Tirana, Albania, Eurojust said. Victims were asked to create an account and transfer an initial sum, which showed an immediat...
The Bahamian Authorities Announced SBF’s Extradition to The U.S.
On Dec. 22, 2022, the Office of The Attorney General — Bahamas, released the statement, “Attorney General Sen. Ryan Pinder KC on The Extradition of Sam Bankman-Fried to the United States.” The Extradi...
British Columbia authorities halt power supply to new bitcoin mining firms
British Columbia authorities have suspended electricity supply to new bitcoin (BTC) mining firms in the region for 18 months. Existing crypto miners are not affected by the move. No room for new bitco...
California authorities demand MyConstant stop crypto-lending
Because of potential breaches of state securities law, the California Department of Financial Protection and Innovation (DFPI) has given the order to the cryptocurrency lending platform MyConstant t...
Gate Group in talks with Hong Kong authorities over crypto policy, regulation
Gate Group said it discussed Hong Kong’s recent policy statement on virtual assets in a closed-door meeting with the Financial Services and Treasury Bureau (FSTB), the Securities and Futures Com...
S.Korean Authorities Seize $92M Worth Assets Linked to Do Kwon
23 seconds ago | 2 mins read Altcoin News Kernel Labs is a subsidiary of Terraform Labs. Seoul Southern District Court granted the prosecution’s plea to seize the assets. Authorities in South Korea an...
Israeli authorities to seize all terror-linked crypto wallets
The outgoing defense minister of Israel, Benny Gantz, on Sunday revealed that a Tel Aviv Magistrates’ Court on Thursday approved the seizure of all assets in terro-linked crypto wallets. The Dec. 15 ...
Israeli court rules authorities can seize crypto in 150 blacklisted wallets
Tel Aviv’s Magistrate Court has reportedly issued a ruling allowing Israel’s government to seize all the crypto in more than 150 digital wallets it blacklisted over alleged links to fundin...
Ohio Man Who Stole 713 Bitcoins from US Authorities is Set to Plead Guilty of Theft ⋆ ZyCrypto
Advertisement     Gary Harmon, a 31-year-old man from Ohio, is set to plead guilty after being charged with stealing 713 bitcoins stored in a Trezor hardware wallet se...
FTX liquidators’ legal team urges cooperation with Bahamian authorities amid favoritism allegations
A lawyer representing provisional liquidators overseeing FTX’s operations in the Bahamas has pushed back against allegations officials in the country were using the collapse of the crypto exchange to ...
Top FTX Group Executive Tipped Off Bahamas Authorities About Commingling of Funds in November
A top executive of the FTX group of companies told Bahamas police that funds were commingled between the crypto exchange and its sister trading firm Alameda Research as early as Nov. 9, court document...
Top FTX Group Executive Tipped Off Bahamas Authorities About Comingling of Funds in November
Ryan Salame, the co-chief executive of FTX’s Bahamas entity, called FTX Digital Markets, told the Bahamas Securities Commission on Nov. 9 that “clients’ assets which may have been held wit...
Authorities in France Catches Crypto Fraudsters
French prosecutors assert that they have taken action against two cryptocurrency scammers who used “suitcases” full of bogus currency to trick investors into parting with more than tens of thousands o...
US authorities charge Sam Bankman-Fried with ‘massive’ fraud
On Tuesday, it was announced that Sam Bankman-Fried, former CEO of crypto exchange FTX, had been arrested and indicted. Various fraud and money laundering charges filed against him by three US authori...
South Korean Authorities Say That Terra (LUNA) Founder Do Kwon Hiding in Serbia: Report
South Korean authorities reportedly believe that Terra (LUNA) founder Do Kwon is trying to evade global law enforcement by relocating to Serbia. According to a new BBC report, the Seoul Southern Distr...
FTX filing alleges Bahamas authorities coordinated with Bankman-Fried
Attorneys representing the current leadership of FTX, those representing the Bahamas-based trading operation still controlled by former CEO Sam Bankman-Fried, and the Bahamian government are all wrang...
Bahamian Authorities Arrest SBF at the Request of US Government
Sam Bankman-Fried, otherwise known as SBF, the former CEO of bankrupt cryptocurrency exchange FTX has been arrested in The Bahamas, with the ex-FTX boss likely to be extradited to the United States. S...
Sam Bankman-Fried is finally arrested by the Bahamas authorities
After so much buzz over the failure of FTX and Sam Bankman-Fried, the inevitable is finally here. Earlier on Monday morning, the Bahamas authorities issued a statement that says that the FTX’s founder...
South Korea Authorities Say Terra’s Do Kwon Is In Serbia, Calls On Government For Help
The hunt for Terra founder Do Kwon has been ongoing for months now since the network collapsed. South Korean authorities continue their search and have already gone as far as invalidating Kwon’s passp...
BNB records a sharp drop after alleged Binance prosecution plan by U.S. authorities
The value of BNB has recorded sharp losses after it emerged that United States authorities have plans to charge the token’s parent company and crypto exchange Binance over alleged financial crimes. I...
South Korea authorities believe Do Kwon is hiding in Serbia
The controversial Terraform Labs founder and CEO is still wanted by governments worldwide. South Korea authorities believe he may be in Serbia after leaving Singapore in September. Is Do Kwon hiding i...
Does the Terra CEO Do Kwon have a new hiding place? Authorities claim that…
Do Kwon hiding in Serbia, alleged South Korean authorities He remained active on Twitter and shared his thoughts regarding the crypto ecosystem As per a local media report on 12 December, South Korean...