News with the tag "justice department"

TD Bank, one of the largest financial institutions in the U.S., has agreed to pay a record $3 billion penalty, the largest ever under the Bank Secrecy Act, after pleading guilty to felony charges. The bank is the largest in U.S. history to plead guilty to Bank Secrecy Act program failures and the fi...

Former FTX CEO Sam Bankman-Fried reportedly donated roughly $40 million directly to political candidates and PACs in 2022 before the collapse of his crypto exchange.

The scammers convinced victims to transfer millions of dollars into these U.S. bank accounts, which were then used to launder the illicit funds.

If the Justice Dept. prevails in the case against the cryptocurrency mixer, internet service providers and the post office may also be liable to transmitter requirements, they said.

Five federal agencies have joined forces with the Department of Justice to enforce civil rights against AI-induced prejudice. The point to note is that these federal agencies are in addition to the agencies that have already been working in this regard. The announcement came through a press release ...

In light of Montenegro’s High Court decision to extradite former cryptocurrency mogul Do Kwon to South Korea, US prosecutors are steadfast in their pursuit of his extradition. Do Kwon, the disgraced founder of Terra, faces charges connected to the $40 billion collapse of the TerraUSD stablecoin in 2...

Despite Montenegro’s High Court ruling to extradite former cryptocurrency mogul Do Kwon to his home country of South Korea, prosecutors in the US remain committed to pursuing his extradition. The disgraced Terra founder Do Kwon faces charges related to the $40 billion collapse of the TerraUSD stable...

Wallets containing bitcoin seized by the U.S. government in the notorious Bitfinex hack – later leading to guilty pleas for Ilya Lichtenstein and Heather "Razzlekhan" Morgan – have suddenly become active.

U.S. prosecutors are pushing for CZ to stay in the country, saying they “would not be able to secure his return” if he’s allowed back to Dubai.

The crypto exchange Binance's expensive deal with U.S. prosecutors this week bears harsh consequences, but could mean a positive outlook for the company in the long term.