News list for " prosecutor"
Prosecutors in New York are suspected of reassessing whether to drop the charges against Keonne Rodriguez and William Lonergan Hill, two co-founders of privacy wallet Samourai Wallet. According to court documents filed on Monday, the prosecution and defense jointly asked the judge to grant a 16-day extension so that prosecutors can decide on a follow-up based on a new policy memorandum from Deputy Attorney General Todd Blanche. Blanche announced the dissolution of the Justice Department's crypto...
South Korea's Grand Prosecutor's Office on the 8th dropped a protest against the court's decision to "cancel the detention of Yoon Seok-hyuk", and Yoon Seok-hyuk will be released later. (Kim Ten)
On February 21, Du Xueyi, director of the Economic Crime Procuratorate of the Supreme People's Procuratorate, said at the press conference "Strictly crack down on securities crimes according to law and promote the healthy and stable development of capital markets" that in the next step, the procuratorial organs will closely adhere to the main line of risk prevention, strong supervision and high-quality development, based on procuratorial duties, and use the power of the rule of law to serve and ...
According to the official website of the Department of Justice, US prosecutors have filed a civil forfeiture lawsuit in a crypto investment fraud case, recovering 7.24 BTC, 14,120 USDT, 105.75 ETH and other crypto assets. Investigations revealed that a Massachusetts resident was lured to join a fake investment group and tricked into transferring funds to a suspicious trading platform. Law enforcement found that at least three victims across the United States sent money to the same platform, and ...
Las Vegas businessperson Brent C. Kovar first appeared in court on February 14 on suspicion of cryptocurrency fraud, according to the U.S. Attorney's Office of Nevada. Prosecutors accused him of fraudulently claiming to use artificial intelligence to mine and verify cryptocurrency transactions through his company Profit Connect between the end of 2017 and July 2021, promising an annualized yield of 15% -30% and providing a full refund guarantee, defrauding more than 400 investors of about $24 mi...
Danielle Sassoon, the acting attorney for the Southern District of New York, resigned abruptly in connection with a Justice Department request that she suspend a corruption investigation into Mayor Eric Adams. It was not immediately clear who would replace Sassoon in the acting role. Sassoon was the lead prosecutor in the case of FTX founder Sam Bankman-Fried (SBF) and has also been in charge of several lawsuits involving the crypto industry. According to sources, acting U.S. Deputy Attorney Gen...
On February 8, the U.S. Attorney's Office announced that Evan Frederick Light, a 22-year-old man from Lebanon, Indiana, was sentenced to 20 years in federal prison, plus three years of supervised release, on charges of conspiracy to commit wire fraud and conspiracy to commit money laundering. In February 2022, Light hacked into an investment holding company in Sioux Falls, South Dakota, stealing the personally identifiable information of nearly 600 clients and stealing more than $37 million wort...
According to Solid Intel, French prosecutors have said that the case against Telegram founder Pavel Durov will take at least a year to reach the court stage, and it is too early to negotiate a settlement.
Department of Justice prosecutors have agreed to temporarily restrict access to information in the Treasury Department's payment systems by staff at Musk's Department of Government Effectiveness (DOGE), after a group of union members and retirees sued the Treasury, alleging that giving DOGE access to the federal government's vast collection and payment system and the personal data stored therein violated federal privacy laws.
On January 24th, the Paris prosecutor held a press conference on Thursday evening, saying that Ledger co-founder David Balland and his wife were kidnapped from their home in central France early Tuesday morning and taken to two different locations by car to be imprisoned. During the kidnapping, the kidnappers contacted another Ledger co-founder and demanded a ransom payment in cryptocurrency, which has been partially paid. This...
The National Procurators General Conference held on January 13 stressed that procuratorial organs will step up efforts to punish money laundering crimes and crack down on criminal activities of illegally transferring assets overseas using virtual currencies in accordance with the law. The meeting stressed that it is necessary to crack down on financial crimes strictly. Strictly crack down on financial crimes such as illegal fund-raising, loan fraud, financial fraud, and market manipulation in ac...
On January 9 local time, Fanny Willis, the US District Attorney for Fulton County, Georgia, appealed to the Georgia Supreme Court to revoke the Georgia Court of Appeals' previous decision to disqualify her from prosecuting in Trump's Georgia election interference case. Willis said in her appeal that disqualifying her was wrong.
According to Assistant US Attorney Jared Lenow in the Do Kwon case, devices related to the case have been seized, with a capacity of up to 6 terabytes and a huge amount of data, including email, Slack, Terraform, and cryptocurrency trading data, some from exchanges, some from the SEC, CFTC, as well as social media, blog posts, Do Kwon's video statement, some of which have not been made public.
At a preliminary hearing in Manhattan, Chief Prosecutor Jared Leno told the court that Terraform Labs co-founder and former CEO Do Kwon's criminal fraud trial in the United States is tentatively scheduled for January 2026 to allow prosecutors and Kwon's defence counsel ample time to review the "massive" 6TB of data expected to be generated over the course of the investigation. Prosecutors said the government expected to face more delays because Montenegro was forced to extradite Do Kwon to the U...
John Deaton, a former US prosecutor and cryptocurrency advocate, has proposed that the Trump administration launch an investigation into Operation Chokepoint 2.0, an unproven scheme that purportedly seeks to remove cryptocurrency companies from the traditional banking system.
