Crypto Exchange OKX Admits Guilt, Fined $504M for Violating Money Laundering Laws
OKX, one of the largest cryptocurrency exchanges globally, has pled guilty to operating an unlicensed money transmitting business in the ...
Tag: US DOJ
Major Crypto Services Firm Admits to Wash Trading as Part of DOJ Settlement—Details
The United States Department of Justice (DoJ) has taken action against CLS Global FZC LLC, a cryptocurrency financial services firm ...
Here’s How Bitcoin Price Could React To Potential US DOJ Sell-Off, Blockchain Firm Explains
Bitcoin and the general market seemed to have steadied their ship after garnering some momentum to build on in the ...
US Cracks Down on North Korea’s Crypto-Fueled Money Laundering Network
According to the latest reports, the United States has made efforts to disrupt illicit crypto-related networks that support North Korea’s government, ...
Crypto Conman Sentenced: Investors Duped in $350K Scam—Here’s How
The US Department of Justice has announced the sentencing of Michael Joseph McElhiney, a Spokane resident, to over three years ...
Polish Authorities Arrest Russian ‘Crypto King’ Linked To WEX Exchange $450 Million Collapse
The Polish police detained a Russian citizen linked to the now-collapsed WEX exchange for alleged fraud and money laundering. US ...
Ohio Man Loses Life Savings in $425K Crypto Scam—Here’s How It Went Down
As the crypto market continues to offer lucrative opportunities for investors, it has also attracted malicious actors who consistently devise ...
$73M Crypto Laundering Scheme Uncovered as Suspect Pleads Guilty—Key Details
A 41-year-old dual citizen of China and St. Kitts and Nevis, Daren Li, has pleaded guilty to one count of ...
