Department of Justice
2 California Men Sentenced to Prison for $1.9M Crypto Grift
The founders of Dropil, Jeremy McAlpine and Zachary Matar, pleaded guilty to one count each of securities fraud last August.
SEC Will Need to Prove Tokens Are Securities in Coinbase Insider-Trading Case, Legal Expert Says
Former prosecutor Ian McGinley joined CoinDesk TV’s “First Mover” to discuss the case and what the SEC will need to do as it eyes more crypto oversight.
My Big Coin Founder Convicted of Defrauding Investors of More Than $6M
Randall Crater was found guilty of peddling a cryptocurrency scam.
Ex-Coinbase Manager Among 3 Arrested on Crypto Insider Trading Charges
The SEC also brought charges.
How the Feds Are Prosecuting NFT Insider Trading Scheme as Wire Fraud – and Why That Matters
The Justice Department could use the case as a model to police market manipulation for other assets. Regulators are watching.
US Justice Department Urges More Coordination to Combat Crypto Crime
A new report from the Justice Department responds to this year’s executive order from President Joe Biden, marking some of the first recommendations produced by the order.
Seized Silk Road Bitcoin to Clear Ross Ulbricht's $183M Debt
A court filing reveals that bitcoin seized in 2020 will be used to repay the Silk Road founder's debt to the U.S. government.
US Authorities Seize $34M in One of the Country's Largest Crypto Confiscations
The funds were allegedly gained by selling illicit goods, including stolen credentials.
Former CPA Pleads Guilty to Helping BitClub Architect Launder Funds in Alleged $722M Ponzi Scheme
The 57-year-old Nevada man pleaded guilty to one count of conspiracy to commit money laundering and one count of aiding in the preparation of a false tax return.
President of Fake UN Affiliate Convicted of Fraud in Crypto Scam
A jury found Asa Saint Clair guilty of wire fraud for devising an investment scheme that swindled hundreds of thousands of dollars from more than 60 victims.
