A crypto trader who defrauded over 170 people was sentenced to 42 months in prison on May 11 for operating a series of cryptocurrency funds claiming to make big returns
Category: DOJ
Mining Capital Coin CEO accused of $62M investment fraud schemeMining Capital Coin CEO accused of $62M investment fraud scheme
The CEO and co-founder of crypto mining and investment platform Mining Capital Coin (MCC) Luiz Capuci Jr. has been indicted by the Department of Justice (DOJ) for “allegedly orchestrating a
New crypto litigation tracker highlights 300 cases from SafeMoon to Pepe the FrogNew crypto litigation tracker highlights 300 cases from SafeMoon to Pepe the Frog
A new crypto litigation tracker from commercial law firm Morrison Cohen LLP shows details of more than 300 active and settled court cases since 2013. Morrison Cohen is a New
DOJ cracks down on ‘rug pulls’, charging Frosties NFT project foundersDOJ cracks down on ‘rug pulls’, charging Frosties NFT project founders
The Department of Justice (DOJ) has taken action against an alleged NFT rug pull, after it slapped the founders of the Frosties project with charges relating to fraud and money
Siblings charged over mining coin that turned into alleged $124M fraudSiblings charged over mining coin that turned into alleged $124M fraud
A pair of siblings is now in very hot water with the U.S. government with criminal charges filed against them for allegedly committing fraud in the Ormeus Coin scheme. On
US gov attorneys to target individuals and gatekeepers for crypto prosecutionsUS gov attorneys to target individuals and gatekeepers for crypto prosecutions
Major regulatory agencies plan to work harder to prosecute individuals and companies that have had dodgy dealings with digital assets.
DOJ Tells FBI and Others: ‘Stop Signing Appreciation Notes for Binance’DOJ Tells FBI and Others: ‘Stop Signing Appreciation Notes for Binance’
The U.S. Department of Justice (DOJ) has requested federal agencies stop signing appreciation letters for Binance. The exchange used these letters as proof they are actively helping these agencies in
California Man Arrested for Using Government’s Covid-19 PPP Loan to Buy Cryptocurrency and TeslaCalifornia Man Arrested for Using Government’s Covid-19 PPP Loan to Buy Cryptocurrency and Tesla
The U.S. has arrested a man on criminal charges after he allegedly defrauded the government’s Covid-19 loan programs and used the money to buy cryptocurrency and Tesla. Using PPP Loan
Creator of Video Downloading Websites Sentenced to Prison in US — Over $1 Million in Cryptocurrency SeizedCreator of Video Downloading Websites Sentenced to Prison in US — Over $1 Million in Cryptocurrency Seized
The U.S. has sentenced a creator of video streaming and downloading websites to prison for 12 months and one day. The feds also seized $3.9 million from him, including more
US Sentences Crypto Fraudster to 15 Years in Prison After Duping Thousands of InvestorsUS Sentences Crypto Fraudster to 15 Years in Prison After Duping Thousands of Investors
A Swedish man has been sentenced to 15 years in prison in the U.S. for an investment fraud scheme involving cryptocurrency, including bitcoin. He defrauded thousands of victims of more