Department Of Justice

department of-justice

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.

Jun 10, 2022 at 10:58 p.m. UTC

Jun 10, 2022

Department of JusticeSDNYSECSecuritiesNFTs

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.

By Jesse Hamilton

Jun 7, 2022 at 3:11 p.m. UTC

Jun 7, 2022

RegulationDepartment of JusticeCrime

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.

By Oliver Knight

Apr 22, 2022 at 3:19 p.m. UTC

Apr 22, 2022

Ross UlbrichtSilk RoadDepartment of JusticeBitcoin

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.

By Eliza Gkritsi

Apr 5, 2022 at 11:25 a.m. UTC

Apr 5, 2022

USDark WebCrimeDepartment of Justice

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.

By Cheyenne Ligon

Mar 24, 2022 at 8:19 p.m. UTC

Mar 24, 2022

PonziCrimeFraudMoney LaunderingNevadaDepartment of Justice

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.

By Jamie Crawley

Mar 18, 2022 at 4:03 p.m. UTC

Mar 18, 2022

ScamsDepartment of JusticeCrypto

Canadian Police Seize $28M in Bitcoin, Extradite Alleged Affiliate of Ransomware Gang

Sebastien Vachon-Desjardins is accused of carrying out dozens of ransomware attacks in 2020 – many of which were specifically targeted at the health care sector during the peak of the COVID-19 pandemic.

By Cheyenne Ligon

Mar 10, 2022 at 6:11 p.m. UTC

Mar 10, 2022

RansomwareCanadaCrimeUSDepartment of Justice