U.S. government agencies have spent months, sometimes years, investigating Binance in the lead-up to unsealing an indictment against the exchange.
Crypto markets mixed as traders digest DOJ action against Binance, CZ
Cryptocurrencies flash mixed signals as market participants digest the details of CZ’s guilty plea and the DOJ’s $4.3 billion settlement with Binance.
Binance charges prove ‘following the rules’ was the right decision: Coinbase CEO
Brian Armstrong reflected on the announcement of criminal charges against Binance, stating that Coinbase’s decision to get licenses was correct.
US officials announce $4.3B settlement with Binance, plea deal with CZ
Officials with the U.S. Justice Department, Treasury, and CFTC alleged Binance “lacked basic safeguards” to protect against sanctions and Changpeng Zhao committed criminal acts.
Binance names Richard Teng CEO amid Changpeng Zhao’s forced departure
The house that CZ built will now be helmed by its Head of Regional Markets as the U.S. Department of Justice has barred the former CEO from his position.
Court unseals indictments against Binance and CZ, detailing expected guilty pleas
The U.S. Justice Department, Treasury and CFTC reportedly plan to announce settlements for many of the criminal and civil cases against Binance and CZ on Nov. 21.
US Justice Department seizes 9M USDT amid $225M illicit funds frozen by Tether
Officials reported the seizure was tied to an organization responsible for “pig butchering” romance scams.
‘Mutant Ape Planet’ NFT Developer Pleaded Guilty in $3M Fraud
The developer behind the Mutant Ape Planet non-fungible token (NFT) collection – a knockoff of the Mutant Ape Yacht Club NFTs – pleaded guilty on Tuesday to defrauding buyers in a rug pull that netted almost $3 million, according to the U.S. Department of Justice (DOJ).
SBF’s lawyers ask court to allow introduction of Anthropic evidence
Sam Bankman-Fried’s lawyers addressed Judge Kaplan in a letter to allow the defense to use evidence of its venture investment into Anthropic back from April 2022.
Sam Bankman-Fried trial: former Alameda CEO Caroline Ellison to testify
Sam Bankman-Fried’s former love interest and CEO of Alameda Research, Caroline Ellison, is expected to testify in court, potentially revealing detailed information on the fraudulent use of customer funds.
Sam Bankman-Fried’s jets are subject to forfeiture, says prosecution
The U.S. Department of Justice says the two jets purchased by Bankman-Fried via FTX are now property subject to forfeiture due to charges brought against the former CEO.
FTX-SBF charges valid despite lack of US crypto laws, DOJ says
Sam Bankman-Fried’s counsel had argued that FTX was not located in the United States, and as SBF did follow regulatory obligations concerning FTX US, charges related to FTX international shouldn’t apply.
Chinese Firms Used Crypto Payments to Run Fentanyl Network, U.S. Claims in Charges
The U.S. Department of Justice (DOJ) targeted several Chinese businesses and their employees Tuesday in the latest round of charges tied to production and trafficking of fentanyl – a network that depended on cryptocurrency payments, according to authorities.
Sam Bankman-Fried FTX trial — five things you need to know
The long awaited trial of former FTX CEO Sam Bankman-Fried gets underway on Oct. 4 – here’s what you need to know.
FTX’s $3.4B crypto liquidation: What it means for crypto markets
Bankrupt crypto exchange FTX has been approved to liquidate nearly $3.4 billion worth of crypto assets, creating a sense of panic among crypto investors, but experts say the phased liquidation schedule will ensure market stability.
FTX’s $3.4B crypto liquidation: What it means for crypto markets
Bankrupt crypto exchange FTX has been approved to liquidate nearly $3.4 billion worth of crypto assets, creating a sense of panic among crypto investors, but experts say the phased liquidation schedule will ensure market stability.
FTX founder’s plea for temporary release should be denied, prosecution says
Sam Bankman-Fried’s renewed request for temporary release from jail prior to his upcoming trial should be denied according to the U.S. government.
SBF’s lawyers want to quiz jurors on crypto, altruism and ADHD
U.S. prosecutors, meanwhile, want to ask prospective jurors their beliefs on how cryptocurrency should be regulated.
Alex Mashinsky’s assets frozen by US court as part of criminal case
The former Celsius CEO was arrested on July 13 and faces criminal and civil charges stemming from his involvement in the now-defunct platform.
Sam Bankman-Fried files memo asking court to block prosecutor evidence
The FTX founder has filed a memorandum asking the court to deny recent requests filed by the Department of Justice, calling them “unworkable.”