Tag: DOJ
Uvalde School Shooting Response Was a ‘Significant Failure,’ DOJ Report Says
In a report, the department blames “cascading failures of leadership, decision-making, tactics, policy and training” in the Texas school shooting that [...]
FTX Founder Sam Bankman-Fried Won’t Face Second Criminal Trial, U.S. Prosecutors Say
In November, a jury found Bankman-Fried guilty of seven counts of wire fraud, securities fraud and money laundering, among other charges. His crimes, [...]
Binance Founder Changpeng ‘CZ’ Zhao Stuck in U.S. Until Sentencing
Binance founder and former CEO Changpeng Zhao (CZ) cannot return to the United Arab Emirates before his sentencing, a federal judge ruled Thursday nig [...]
Hong Kong Crypto Exchange Bitzlato Co-Founder Pleads Guilty to U.S. Money Transmitter Charge
Anatoly Legkodymov, a co-founder of Hong Kong-based crypto exchange Bitzlato, pleaded guilty to operating an unlicensed money transmitter tied to alle [...]
Leader of Miami Crew Sentenced to 63 Months in Prison for Crypto Fraud
Esteban Cabrera Da Corte in April pleaded guilty to participating in the 2020 scheme to steal millions of dollars worth of crypto and trick U.S. banks [...]
Binance Founder CZ Stuck in U.S. for the Moment
A district judge ordered Changpeng "CZ" Zhao to stay in the U.S. until he could make a proper ruling on a U.S. Department of Justice motion to block h [...]
Binance’s Changpeng ‘CZ’ Zhao is a Manageable Flight Risk: U.S. DOJ
"Based on all the relevant facts, including Mr. Zhao's voluntary self-surrender, his intent to resolve this case, and the sizable bail package he prop [...]
Binance Founder Changpeng ‘CZ’ Zhao Isn’t a Flight Risk, His Attorneys Say
"Based on all the relevant facts, including Mr. Zhao’s voluntary self-surrender, his intent to resolve this case, and the sizable bail package he prop [...]
Binance’s Settlement With U.S. Authorities Is Positive for Crypto as Well as the Exchange: JPMorgan
This shift toward regulated crypto companies and products is positive as more regulation will help attract investors from traditional finance, the not [...]
Kraken co-founder hails ‘more fair’ playing field as DOJ fines Binance
Kraken co-founder Jesse Powell has welcomed the result of the Binance investigation in an X (formerly Twitter) post and has highlighted the need for l [...]
CZ an ‘unacceptable risk of flight,’ should stay in US: DOJ
United States government prosecutors are trying to stop former Binance boss Changpeng “CZ” Zhao from leaving the country, expressing concern about his [...]
Binance’s Ex-CEO CZ ‘Poses a Serious Risk of Flight,’ Prosecutors Claim in Asking He Stay in U.S.
This is insufficient, prosecutors said in Wednesday's filing. If Zhao did not return to the U.S., they wouldn't be able to secure the $175 million bon [...]
Binance’s DOJ settlement offered some glimmers of hope for the crypto industry
Binance CEO Changpeng Zhao's (CZ) departure from the platform he founded and the company's guilty plea in a staggering $4.3 billion settlement with th [...]
Binance, CZ settlement with US DOJ ‘bullish for Bitcoin ETF,’ crypto community says
The crypto community on social media has greeted the news of the deal between Binance, Changpeng “CZ” Zhao and the United States Department of Justice [...]
Bitcoin (BTC) Prices Fall as Binance Faces $4 Billion Settlement
Data from CoinGlass show, exchanges have liquidated crypto perpetual futures positions worth $227 million in the past 24 hours. Bullish longs accounte [...]