Latest News and Articles about DOJ
DOJ Shifts Stance: DeFi Code Isn’t Criminal Unless Intent Proves Malice
DOJ Draws the Line: Writing DeFi Code Isn’t a Crime—Unless You’re a Crook The U.S. Department of Justice (DOJ) has dropped a bombshell for the decentralized finance (DeFi) world: developers writing code for DeFi platforms won’t face prosecution unless there’s hard evidence of criminal intent. Announced at a digital assets summit in Wyoming, this policy […]
Read MoreDOJ Targets Dragonfly Capital: Is Tornado Cash Investment a Crime Against Crypto Innovation?
DOJ Targets Dragonfly Capital Over Tornado Cash: A Regulatory War on Crypto Innovation? The U.S. Department of Justice (DOJ) is turning up the heat on Dragonfly Capital, a heavyweight in cryptocurrency venture capital, over its early investment in Tornado Cash—a privacy protocol accused of laundering billions in illicit funds. Surfacing during the trial of Tornado […]
Read MoreDOJ Targets Dragonfly Capital in Tornado Cash Trial: Crypto Privacy Under Siege
DOJ Targets Dragonfly Capital in Tornado Cash Co-Founder Roman Storm’s Trial: A Regulatory Reckoning for Crypto Privacy The U.S. Department of Justice (DOJ) has turned up the heat in the trial of Tornado Cash co-founder Roman Storm, now contemplating criminal charges against key figures at Dragonfly Capital, a major crypto venture firm that backed the […]
Read MoreDOJ Seizes Record $225M in USDT from Massive Pig Butchering Crypto Scam
DOJ Lands Historic $225M Crypto Seizure in Pig Butchering Scam Bust The U.S. Department of Justice (DOJ) has struck a massive blow against crypto crime, seizing $225.3 million in Tether’s USDT in what stands as the largest cryptocurrency confiscation tied to a single scam. This colossal bust targets a “pig butchering” investment fraud that ensnared […]
Read MoreDOJ Seizes $24M in Crypto from Qakbot Malware Mastermind: Signals Wider Crackdown
DOJ Seizes $24M in Crypto from Qakbot Malware Developer: Is a Bigger Crackdown Looming? The U.S. Department of Justice (DOJ) has made a bold move against global cybercrime by seizing over $24 million in cryptocurrency from Rustam Rafailevich Gallyamov, a Russian national accused of masterminding the notorious Qakbot malware. This action not only underscores the […]
Read MoreDOJ Charges Two Men in $227M Medicare Fraud Scheme Exploiting COVID-19
U.S. Department of Justice Charges Two Men in $227 Million Medicare Scam The U.S. Department of Justice (DOJ) has charged Syed Murtuza Kablzada and Syed Mehdi Hussain in a massive $227 million Medicare fraud scheme, exploiting the system during the COVID-19 crisis through fake claims for test kits that were never provided. This case highlights […]
Read MoreCoinbase Joins S&P 500 Amid DOJ Probe into $20M Cyberattack Extortion
Coinbase’s S&P 500 Milestone Overshadowed by DOJ Cyberattack Investigation Coinbase, a leading cryptocurrency exchange, joined the prestigious S&P 500, marking a significant milestone for the crypto industry. However, the celebration was short-lived as the company faced scrutiny from the U.S. Department of Justice (DOJ) over a cyberattack that compromised customer data. This breach, involving bribed […]
Read MoreCelsius Founder Mashinsky’s Defense Calls 20-Year Sentence Request “Death-in-Prison
Celsius Founder Mashinsky’s Defense Slams DOJ’s 20-Year Sentence Request as “Death-in-Prison” The legal battle surrounding Alex Mashinsky, the former CEO of Celsius Network, has intensified with his defense team strongly opposing the U.S. Department of Justice’s request for a 20-year prison sentence, labeling it a “death-in-prison sentence” for a non-violent, first-time offender. U.S. prosecutors seek […]
Read MoreDeFi Fund Urges Trump to Halt DOJ’s Case Against Tornado Cash Founder, Citing Innovation Risks
DeFi Education Fund Urges Trump to Intervene in DOJ’s Case Against Tornado Cash Co-Founder The DeFi Education Fund has made a strong call to President Trump, urging him to intervene in the Department of Justice’s (DOJ) ongoing legal battle against Roman Storm, co-founder of Tornado Cash, a cryptocurrency mixing service designed to enhance transaction privacy. […]
Read MoreDHS Blunder Orders HashFlare Fraudsters to Self-Deport, DOJ Intervenes
Feds Mistakenly Order Estonian HashFlare Fraudsters to Self-Deport: A Crypto Scandal – DHS mistakenly orders self-deportation of HashFlare founders. – Court orders contradict DHS, requiring stay in Washington. – DOJ intervenes to defer deportation, allowing sentencing to proceed. In an unexpected turn of events, the U.S. Department of Homeland Security (DHS) mistakenly ordered the Estonian […]
Read More35 Crypto Firms Challenge DOJ’s Money Transmission Law Stance in Roman Storm Case
35 Crypto Firms Rally Against DOJ’s Stance on Money Transmission Laws Thirty-five cryptocurrency firms, spearheaded by the DeFi Education Fund, have taken a stand against the Department of Justice’s (DOJ) interpretation of money transmission laws. This united front addresses the legal battle of Roman Storm, a developer of Tornado Cash, igniting a crucial debate on […]
Read More30+ Crypto Firms Urge Congress to Clarify Money Transmitter Laws Amid DOJ’s Overreach
Over 30 Crypto Firms Urge Congress to Clarify Money Transmitter Laws Amid DOJ’s Broader Interpretation “The DOJ’s new policy position…creates confusion and ambiguity with the spectre of criminal liability.” These stark words from a coalition of over 30 cryptocurrency firms, led by the DeFi Education Fund, highlight a critical issue at the heart of the […]
Read Morea16z Slams DOJ’s DeFi Prosecution, Hopes for Crypto-Friendly Trump Era
a16z Challenges DOJ’s Approach to DeFi Regulation Amidst Crypto-Friendly Trump Policies Andreessen Horowitz (a16z), a leading venture capital firm, has taken a strong stance against the U.S. Department of Justice’s (DOJ) approach to prosecuting decentralized finance (DeFi) protocols. DeFi, or Decentralized Finance, refers to financial services provided on public blockchains without traditional intermediaries like banks. […]
Read MoreDallas University Lecturer Sues DOJ Over Crypto Mixer Prosecutions
Dallas University Lecturer Challenges DOJ in Landmark Crypto Lawsuit Michael Lewellen, a crypto security expert and lecturer at Dallas University, has taken a bold stand against the U.S. Department of Justice (DOJ) by challenging its approach to prosecuting blockchain developers, particularly those involved with services like Tornado Cash, which mix cryptocurrencies to enhance privacy. Lewellen […]
Read MoreBitMEX Fined $100 Million for AML and BSA Violations: A Crypto Compliance Wake-Up Call
BitMEX Hit with $100 Million Penalty for Anti-Money Laundering Violations Can a crypto exchange thrive while ignoring the law? BitMEX’s $100 million fine says no. The Department of Justice (DoJ) has come down hard on the exchange for failing to comply with the U.S. Bank Secrecy Act (BSA), which requires financial institutions to assist in […]
Read MoreUS DOJ Targets Blender.io and Sinbad.io Founders in Major Crypto Money Laundering Crackdown
US DOJ Indicts Founders of Blender.io and Sinbad.io Amid Crypto Money Laundering Crackdown In a decisive move to curb cryptocurrency-related crime, the U.S. Department of Justice (DOJ) has indicted the founders of two cryptocurrency mixing services, Blender.io and Sinbad.io, for their alleged involvement in money laundering. This action underscores the ongoing tension between the need […]
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