U.S. Department of Justice

FRA to monitor Binance for three years

The US Department of Justice has appointed consultancy firm Forensic Risk Alliance to keep an eye on Binance’s operations for the next three years. 

Binance is prepared to pay penalties for past conduct

Binance is ready to pay monetary penalties to US regulators to make amends for past regulatory violations. The exchange claims it grew quickly and was unaware of the laws and regulations to prevent money laundering and corruption.

US Regulators Probe Digital Currency Group Over Internal Financial Transfers

The US Securities and Exchange Commission and the Department of Justice have launched investigations into Digital Currency Group over internal financial transfers between the firm and Genesis.

Binance Users Withdrew $1.9B Worth Of Crypto In 24 Hours

Binance's clients withdrew over $1.9B from the exchange in the last 24 hours. The $1.9B figure marks the highest volume withdrawn from Binance within a day since June. 

US Trustee Requests Court To Appoint External Examiner In FTX Bankruptcy Case

US Trustee Andrew R. Vara filed a motion with the Delaware Bankruptcy Court to hire an independent examiner to investigate FTX’s collapse.

Tether Freezes FTX’s $46M Worth Of USDT Assets

Tether has frozen FTX’s USD Tether (USDT) balance following instructions from law enforcement authorities. 

China Owns $3.9B Bitcoin Worth Despite Its Anti-Crypto Stance

The Chinese government has been known for its anti-crypto stance and clampdowns. However, it owns $6B worth of cryptocurrencies, including $3.9 billion worth of Bitcoin, $1.2 billion worth of Ethereum, and other cryptos.

Tennessee Court Renders Crypto Tax Dispute Moot

A Tennessee Court dismissed the complaint filed against the IRS by a pair of plaintiffs seeking refunds for the income tax on their Tezos tokens.

US Treasury Sanctions Iranian Hackers And Blacklists Their Bitcoin Addresses

US Treasury Department has blacklisted Bitcoin addresses belonging to Iranian hackers while sanctioning their owners. The hackers have been encrypting their victims' devices, forcing them to pay ransoms in Bitcoin.

Accused Money Launderer Extradited By U.S. DOJ To Face Criminal Trials

The DOJ’s Office of International Affairs arranges for the extradition of an alleged Russian money launderer from the Netherlands for criminal proceedings in the District of Oregon.

Latest News

Tether Freezes FTX’s $46M Worth Of USDT Assets

Tether has frozen FTX’s USD Tether (USDT) balance following instructions from law enforcement authorities. 

China Owns $3.9B Bitcoin Worth Despite Its Anti-Crypto Stance

The Chinese government has been known for its anti-crypto stance and clampdowns. However, it owns $6B worth of cryptocurrencies, including $3.9 billion worth of Bitcoin, $1.2 billion worth of Ethereum, and other cryptos.

Tennessee Court Renders Crypto Tax Dispute Moot

A Tennessee Court dismissed the complaint filed against the IRS by a pair of plaintiffs seeking refunds for the income tax on their Tezos tokens.

US Treasury Sanctions Iranian Hackers And Blacklists Their Bitcoin Addresses

US Treasury Department has blacklisted Bitcoin addresses belonging to Iranian hackers while sanctioning their owners. The hackers have been encrypting their victims' devices, forcing them to pay ransoms in Bitcoin.

Accused Money Launderer Extradited By U.S. DOJ To Face Criminal Trials

The DOJ’s Office of International Affairs arranges for the extradition of an alleged Russian money launderer from the Netherlands for criminal proceedings in the District of Oregon.