The Euler Finance team has aggressively pursued recovering the funds stolen from its platform. The hacker stole crypto tokens worth millions of dollars, pushing the lending platform to involve some se...
Tag: prosecution
Binance implicated in Bitzlato US Justice Department prosecution
On Wednesday, the U.S. authorities accused the little-known cryptocurrency exchange, Bitzlato, of laundering $700 million and named Binance, the world’s largest crypto exchange, as a counterpart...
Gemini, Bithumb, Nexo are fresh targets for regulation and prosecution
The United States Securities and Exchange Commission charged cryptocurrency lending firm Genesis Global Capital and crypto exchange Gemini with selling unregistered securities through Gemini’s “Earn” ...
How Does the IRS Treat Your FTX Losses? SBF’s Prosecution will tell
Individual FTX losses can either be claimed as ‘capital loss’ or ‘theft loss.’ Capital loss can offset business or job income by upto $3,000. Theft loss can offset any income w...
The outcome of SBF’s prosecution could determine how the IRS treats your FTX losses
FTX founder Sam Bankman-Fried has received official criminal charges after the collapse of his cryptocurrency exchange, which is more than just a moral victory for the exchange’s roughly 1 million ind...
Will Binance Face Criminal Prosecution for Possible Money Laundering?
Binance and CEO CZ may be in additional danger as authorities discovered irregularities in the cryptocurrency exchange’s compliance program, which is the subject of an ongoing investigation that began...
Novogratz Calls for SBF Prosecution, Says Bitcoin Will Recover
– Advertisement – Mike Novogratz has called for the prosecution of SBF, noting that the crypto industry will recover from the effects of the FTX implosion. Michael Novogratz, CEO of Galaxy...
DOJ Charges Alleged Chinese Intelligence Officers With Trying To Interfere With Huawei Prosecution
Topline The Justice Department announced charges Monday against 13 people allegedly involved in attempts by the Chinese government to influence U.S. operations, including two Chinese nationals who wer...
Associates of Cryptoqueen Face Criminal Prosecution in Germany
11 seconds ago | 2 mins read Bitcoin News Within a year, the pair processed 320M euros in payments from Onecoin users. Ignatova is now sought by Interpol, Europol, and the FBI. The first Europeans to ...
Is Do Kwon’s prosecution politically motivated? 1
Do Kwon’s case with the South Korean authorities has been one that has been on the lips of everybody in the crypto market ever since it entered the mainstream media. According to a new statement relea...
A US Congressman May Face Criminal Prosecution For Supporting A Cryptocurrency Pumps As Well As Dumps Plan
Dylan Hedtler-Gaudette, the government affairs manager for one of the federal watchdogs, commented on the case: This appears to be a disaster. This appears to be a textbook case of you receiving insid...
DOJ initiates first NFT Rug-pull prosecution with chargers against Frosties founders
In a landmark decision, the Department of Justice has announced that it’ll be prosecuting two men over their involvement in the Frosties NFT rug pull. The two made over $1 million by siphoning funds f...
Students Mining Crypto in Dorms May Face Criminal Prosecution in Russia, Lawyer Says – Mining Bitcoin News
University students in Russia minting digital currencies in their dormitories risk penalties and even criminal charges, according to a legal expert quoted by local media. The warning comes as Russian ...