The CFTC has barred Peken Global Limited, operator of KuCoin, from serving U.S. users unless it registers as a foreign board of trade, following a related $297 million DOJ enforcement action.
Senators Van Hollen, Warren and Gallego said they will press the Justice Department to complete a reported investigation into Binance. The statement underscores growing Congressional scrutiny of major crypto platforms.
Europol and the U.S. Department of Justice announced the seizure of $3.5 million in cryptocurrency tied to SocksEscort, a proxy network that investigators say compromised thousands of routers and enabled fraud and crypto account takeovers.
Binance.US has appointed a new chief executive amid growing U.S. Department of Justice scrutiny; the broader Binance ecosystem has seen substantial exchange outflows since late February. The leadership change appears aimed at stabilizing operations and addressing regulatory concerns.
The U.S. Attorney’s Office for the District of Massachusetts moved to seize $327,829 in USDT tied to an alleged online romance crypto scam, while Tether reports freezing roughly $4.2 billion connected to illicit activity.
Newly released DOJ emails suggest Jeffrey Epstein may have invested $3.2 million in Coinbase in 2014 and sold part of that stake for $15 million in 2018. The disclosures could renew scrutiny of investor vetting and fund provenance in crypto.
A Department of Justice release of roughly 3 million files includes a 2016 email in which Jeffrey Epstein says he spoke with "some of the founders of Bitcoin." The message documents his claim but does not name individuals or independently verify the contacts.
The US Department of Justice charged a Ukrainian national accused of links to two groups that used Telegram to claim responsibility for attacks on critical U.S. infrastructure, allegedly financed with cryptocurrency. The action highlights persistent threats from state-linked actors exploiting messaging apps and crypto to fund and publicize attacks.
The U.S. Department of Justice announced Nov. 14 that it secured convictions against U.S. residents who aided North Korea in schemes to steal large amounts of cryptocurrency and has seized assets tied to cyberattacks on crypto platforms. The move highlights criminal risks in the sector while signalling tougher enforcement.
The U.S. Department of Justice has created the Scam Center Strike Force to coordinate federal action against crypto scams the DOJ says are linked to Chinese crime syndicates.