Department of Justice
PGI Global CEO handed 20-year sentence for $200 million bitcoin, forex Ponzi scheme
Instead of investing in bitcoin and foreign currency trading, as promised, Palafox used new investor funds to pay old ones and siphoned millions for personal use.
U.S. government seizes $400 million Helix allegedly made from drug-linked transactions
The Department of Justice said it now holds legal title over crypto, real estate and monetary assets tied to darknet mixing service, Helix
OFAC’s Dropped Sanctions Against Tornado Cash Can’t Come Up at Trial, Judge Says
Barring what she described as a “unicorn” piece of evidence that would force the discussion of the now-illegal sanctions, District Judge Katherine Polk Failla said no to sanctions talk at trial.
DOJ Ties Kansas Bank Collapse to $225 Million 'Pig Butchering' Seizure
Shan Hanes, the former CEO of Heartland Tri-State Bank, wired millions in embezzled funds to scammers who promised crypto riches and was arrested in 2024. Now, a DOJ complaint shows he was the single largest victim in a global "pig butchering" USDT laundering network.
Gotbit Founder Aleksei Andriunin Pleads Guilty to Wire Fraud, Market Manipulation
Prosecutors are recommending that Andriunin, 26, spends no more than 24 months in a U.S. prison.
Gotbit Founder Aleksei Andriunin Extradited to U.S. on Fraud Charges
The 26-year-old Russian national had been living in Portugal.
U.S. Marshals Service Can't Say How Much Crypto It Holds, Complicating Bitcoin Reserve Plan
The agency has been plagued with procedural and organizational issues for years.
3 Russians Face Money Laundering Charges Over Mixing Services: DOJ
Russian nationals have been charged with crimes for allegedly running the crypto mixing services Blender.io and Sinbad.io used by North Korean hackers.
Market Fears of Potential Selling Pressure From Possible Silk Road Sale is Overblown: Van Straten
Since September, the market has absorbed over 1 million bitcoins, while the price has gone from around $60,000 to over $100,000.
MyTrade Head First to Plead Guilty Among Group of Firms Accused of Gaming Markets
MyTrade was among more than a dozen targets of U.S. authorities in cases earlier this month focusing on crypto market manipulation, including alleged wash trading.
