Self-Styled Crypto Godfather Sentenced to Over 6 Years for $37M Meta Fraud Scheme
Adam Iza, a 26-year-old entrepreneur who went by the moniker “The Godfather,” has been handed a 78-month prison sentence in federal court for swindling Meta…
DOJ
U.S. Federal Prosecutors Investigate Binance Over Sanctions Breaches: Bloomberg
Federal prosecutors are examining whether Binance consciously permitted trading transactions that breached American sanctions against Iran, according to a report by Bloomberg. Binance stated that…
Man Indicted in $16 Million Cryptocurrency Pig Butchering Fraud
A Missouri U.S. Attorney’s Office formally indicted an individual on Friday for participating in a large-scale pig butchering scheme that swindled a victim out of…
US DOJ Targets $61 Million in Crypto Tied to Illegal Iranian Oil Sales on Binance
The United States Department of Justice has initiated a civil forfeiture lawsuit targeting roughly $61 million in digital asset proceeds derived from unauthorized black-market transactions…
DOJ Indicts Robinhood Programmers for Front-Running Digital Asset Listings on Hyperliquid
A pair of ex-Robinhood software engineers are facing allegations that they front-ran cryptocurrency token launches on the brokerage network. The United States Department of Justice…
DOJ Targets $61 Million in Iranian Oil Funds Laundered Through Binance
On Monday, the United States Department of Justice announced that it is seizing and pursuing the forfeiture of $61 million worth of digital assets, which…
US Seeks Forfeiture of $61M in USDT Tied to Illicit Iranian Oil Sales
The United States Department of Justice (DOJ) is pursuing the seizure of more than $61 million worth of Tether’s USDT stablecoin, stating that these assets…
Mastermind of $245M Cryptocurrency Heist Enters Guilty Plea
The individual responsible for one of the largest bitcoin heists in historical records entered a guilty plea this week. Malone Lam, a 22-year-old Singapore native…
DOJ Confiscates $560,000 in Hamas-Linked Crypto and Takes Control of Fundraising Infrastructure
The United States Department of Justice announced that it has confiscated upwards of $560,000 in digital assets destined for Hamas, while also taking over servers…