Changpeng Zhao Permanently Barred from Running Binance While Maintaining 90% Stake and Voting Power
#Binance founder #CZ banned from management for life but retains influence as the majority shareholder. #Binance #Crypto #CZ
DOJ
Global Markets and Cryptocurrencies Drastically Tumble Amid Justice Department’s Probe into Nvidia
#Nvidia’s antitrust probe wipes $279B in market cap, sending shockwaves through global markets and #crypto. #Nvidia #Crypto #Stocks
Tether and DOJ Team Up to Combat ‘Pig Butchering’ Scams, Recovering Millions
#Tether partners with global law enforcement to recover millions in #USDT, strengthening trust and boosting its market value by $820M as #cryptofraud rises. #DOJ
U.S. Marshals Service Prepares for Bitcoin Sale Following Agreement with Coinbase, Unveiled by Lawyer
US Marshal prepares to sell seized #SilkRoad #Bitcoin via #Coinbase agreement, indicating asset liquidation; details in #DOJ report due January 2025
Senator Lummis Proposes $68 Billion Bitcoin Reserve to Bolster U.S. Treasury
#Senator Lummis proposes the U.S. #Treasury buy 1M bitcoins worth $68B to combat inflation and reduce debt. #Bitcoin #CryptoNews
BitMEX Pleads Guilty to Bank Secrecy Act Violations
#BitMEX pleads guilty to violating the Bank Secrecy Act, failing to implement AML measures from 2015-2020. #CryptoNews #AMLCompliance
Paxful Co-Founder Pleads Guilty in AML Conspiracy Case
#ArturSchaback admits to failing #AML duties at #Paxful, faces 5-year sentence and $5M fine, resigns from board. #Paxful #AML
DOJ Seizes $130M from Botnet Mastermind Yunhe Wang
#DOJ arrests #YunheWang for a #botnet scam stealing 19M IPs. Seized $130M in assets, luxury cars, and properties. #CyberCrime #DOJ
Binance Compliance: FRA to Lead Monitoring Efforts
DOJ has now picked Forensic Risk Alliance to monitor Binance. Well done to every FTX customer for all the victim impact statements that were sent to the DOJ. Truth prevails #Binance #Digitalcurrencies #DOJ
RFK Jr Makes Public the Reasons Behind DoJ Dropping SBF Charges
Controversy surrounds the DoJ’s decision to drop charges against #crypto mogul Bankman-Fried, Robert F Kennedy Jr leads the charge. #RFK #SBF #FTX
Four Co-Founders of Forsage Indicted for $340M by U.S. Watchdogs
Forsage Founders indicted in $340M DeFi crypto scheme first charged criminal fraud case involving a DeFi Ponzi scheme in U.S.
Report: DOJ and SEC Investigating DCG Crypto Conglomerate
According to recent reports, the DOJ and SEC have launched an investigation into a Digital Crypto Exchange (DCG). Read CNL for more info.
