In a major development, Christopher Alexander Delgado, the former CEO of Goliath Ventures, has pleaded guilty to his role in a crypto investment scheme that prosecutors say pulled in at least $400 million from investors while causing losses of at…
Leading crypto exchange Coinbase froze more than $3 million in cryptocurrency tied to a global operation targeting cyber-enabled crypto scam networks in Southeast Asia, the exchange said this week. The action was part of Disruption Week, led by the U.S.…
Key Takeaways US President Donald Trump has formally sent Kevin Warsh’s nomination to the US Senate to serve as the next chair of the Federal Reserve Board of Governors, the White House confirmed Wednesday. Warsh, who has previously expressed favorable…
Key Takeaways Leading crypto exchange, BlockFi Inc.’s bankruptcy estate has dropped a lawsuit, which looked to transfer a staggering $35 million in crypto assets from the exchange to the U.S. government. The motion to dismiss the lawsuit filed in May…
Key Takeaways A federal court in Boston has fined UAE-based crypto market maker CLS Global $428,059 and prohibited it from participating in digital asset markets accessible to U.S. investors for the next three years. The sentencing, announced by the Massachusetts…
Key Takeaways The crypto industry is pushing back against the U.S. Department of Justice’s (DOJ) legal actions against Tornado Cash, arguing that the agency is misapplying federal money transmission laws. A coalition of 34 crypto organizations, led by the DeFi…
Key Takeaways A former Deutsche Bank investment banker, Rashawn Russell, was sentenced to 41 months in prison by a U.S. judge in the Eastern New York District Court on May 31st. Russell pleaded guilty in September 2023 to charges of…
Key Takeaways The U.S. Department of Justice (DOJ) has arrested Yune Wang, 35, a China National who is alleged to be the mastermind behind the world’s largest botnet scam dubbed the 911 S5 scam. A botnet is defined as a…
Authorities claim to have monitored crypto payments that revealed the identity of a man who was detained in New York and charged with making money from a dark web drug market.
Due to their manipulation of Ethereum blockchain transactions for their personal gain, two brothers are facing wire fraud charges.
