Department of Justice
Bitcoin Slips to $37K; How Big of a Flight Risk Is Former Binance CEO Changpeng 'CZ' Zhao?
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest crypto stories of the day, including the U.S. Department of Justice (DOJ) arguing that Binance's former CEO should remain free until sentencing, but only in the U.S. A court in Montenegro has approved the extradition of Terra founder Do Kwon. And, a closer look at bitcoin's (BTC) price action after breaching $38,000 last Friday.
Binance's Changpeng 'CZ' Zhao Is a Manageable Flight Risk: U.S. DOJ
The U.S. Department of Justice (DOJ) argues that Binance's former CEO should remain free until sentencing – but only in the U.S.
Binance’s Settlement With U.S. Authorities Is Positive for Crypto as Well as the Exchange: JPMorgan
The settlement will significantly reduce the potential systemic risk emanating from a hypothetical collapse of the crypto exchange, the report said.
Legal Expert on What Binance, CZ Woes Mean For Crypto Industry
Binance, the world's largest crypto exchange, has agreed to pay $4.3 billion to settle allegations it broke sanctions and money-transmitting laws. Founder Changpeng "CZ" Zhao also pleaded guilty in Seattle to charges he personally faced and agreed to pay a $50 million fine to the Department of Justice, in addition to stepping down as CEO. Haynes Boone Partner Kit Addleman weighs in on the latest developments and the implications for the crypto industry at large.
Kraken Accused of Operating Unregistered Platform, Mixing Customer Funds; Bittrex Global to Shut Down
"CoinDesk Daily" host Jennifer Sanasie breaks down the hottest crypto headlines today, including the U.S. Securities and Exchange Commission (SEC) allegations in a new lawsuit against Kraken, the reported settlement between Binance and the Department of Justice, plus the details as Bittrex Global announces it will shut down.
Fake BlackRock XRP Filing Reported to Delaware Department of Justice
Delaware's Department of Justice may be investigating a fake filing Monday that suggested asset management giant BlackRock was prepping the launch of a spot XRP exchange-traded fund (ETF). CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the details.
'Mutant Ape Planet' NFT Developer Pleaded Guilty in $3M Fraud
French developer Aurelien Michel pleaded guilty in U.S. federal court and agreed to pay $1.4M, according to prosecutors.
SafeMoon Execs Arrested by DOJ in Fraud Investigation, Charged by SEC
Crypto company SafeMoon's CEO and chief technology officer were arrested, accused of withdrawing more than $200M to buy luxury cars and homes from funds that they told investors were "locked," according to the DOJ and the regulator.
Chinese Firms Used Crypto Payments to Run Fentanyl Network, U.S. Claims in Charges
The U.S. Department of Justice charged eight companies with illegal drug production, distribution and sales of precursor chemicals, saying they used cryptocurrency to move money.
Prosecutors Blast FTX Founder Sam Bankman-Fried’s Proposed Jury Questions
The U.S. Department of Justice argues FTX founder Sam Bankman-Fried’s proposed jury questions are “unnecessarily intrusive” and may be intended to support his defense, according to a letter written by prosecutors to Judge Lewis Kaplan, of the Southern District of New York. CoinDesk's global policy and regulation managing editor Nikhilesh De breaks outlines the possible jury questions and key takeaways.
