US, Canadian Regulators Launch Dozens of Crypto Scam Probes
An "international crackdown" on cryptocurrency scams was launched Monday by a group of securities regulators.
The case, the website, the circumstances and the source all share parallels with another recent federal murder-for-hire prosecution.
Michael Weigand faces a five-year maximum sentence for hiding his role with Silk Road from investigators.
The agency hasn't accused Binance of any wrongdoing, according to the Bloomberg report.
The harrowing incident highlights the proliferation of risky investment schemes and dubious operators in the crypto industry, but also blockchain technology’s potential to help track missing funds.
The top U.S. futures regulator has denied a FOIA request related to cryptocurrency exchange Bitfinex and the closely-linked 'stablecoin' operator Tether.