Philippines Investigates Crypto Firm over Use of Politician’s Name
The Philippines' Department of Justice has ordered an investigation over the alleged misrepresentation of the senate president by a crypto firm.
Joanna De Alba "dispensed heroin and methamphetamine from the shadowy corners of the internet," said U.S. Attorney Richard P. Donoghue.
C Labs, the company working on Celo, is bringing on former DOJ official Jai Ramaswamy to head compliance.
Nicolas Maduro and his crypto supervisor were two of the Venezuelan officials indicted Thursday on claims they used crypto to conceal the profits from drug running.
Twelve Russian officials indicted for hacking into Democratic National Committee email accounts allegedly used cryptocurrencies, the DOJ announced.
The U.S. government has pushed back against an effort to dismiss the charges in an ongoing initial coin offering (ICO) fraud lawsuit.