Avi Eisenberg could face up to 20 years in prison if found guilty of commodities fraud and manipulation related to his alleged October 2022 exploit of Mango Markets.
An Australian federal court agreed to a petition by markets regulator ASIC to hand over some US$41 million in digital assets invested by over 450 Australians with the mining companies to specialists from advisory and restructuring company McGrathNicol.
Prosecutors purportedly plan to confiscate the Terraform Labs co-founder’s South Korean passport, though he allegedly used a forged Costa Rican passport in Montenegro in 2023.
The former FTX CEO’s mother, father, and brother all wrote letters to Judge Lewis Kaplan suggesting that SBF’s lack of social awareness could lead to problems in prison.
Though potentially facing up to 110 years in prison, Sam Bankman-Fried could be sentenced by Judge Lewis Kaplan to 15-25 years based on his case, according to some lawyers.
According to Do Kwon’s legal team, a Montenegrin High Court made a Feb. 21 ruling to extradite the Terraform co-founder to the United States “based on erroneous information.”
Zhang Xiaojin, the director of China's Fourth Procuratorate of the Supreme People’s Procuratorate, reportedly cautioned against crypto investment scams for citizens and digital asset participants.
AI is escalating the challenge of deepfake frauds in digital identity verification, potentially reshaping cybersecurity.
Those in search of love online are increasingly falling prey to romance scams, with $1.3 billion stolen in 2022 alone.
The FIU has been actively encouraging crypto exchanges to report any transactions that raise suspicions of money laundering and illegal “foreign exchange outflow.”
Ransomware attacks resulted in over $1 billion of cryptocurrency payments in 2023 as criminals targeted high-profile institutions and infrastructure.
South Korean prosecutors announced the arrests of Haru Invest CEO and two other execs two days after Haru posted another “no information” update.
The prime minister shared a video of himself being interviewed, created by scammers to promote “hands-free crypto trading.”
Many in the space monitored Sam Bankman-Fried’s criminal trial, but there are other figures potentially looking at prison time in the future.
Authorities said they found no evidence Kosta Kanchev, Antoni Trenchev, Trayan Nikolov and Kalin Metodiev committed money laundering, tax crimes, or computer fraud.
According to the survey, over 50% of federal agencies currently use blockchain analytics tools, but only 11% of state agencies do.
Cryptocurrency mixers face a dilemma between preserving financial privacy freedom or embracing increased compliance measures to avoid U.S. scrutiny.
According to the securities regulator, misleading information online could encourage individuals to invest in the HKD token issued by HongKongDAO.
Montenegro’s minister of justice will make the final decision on Do Kwon’s extradition to either South Korea or the United States.