Latest News and Articles about US Government
Gotbit Founder Settles $23M Crypto Fraud Case, Boosts US National Reserve
Gotbit Founder Aleksey Andryunin’s $23M Crypto Settlement with US Authorities Aleksey Andryunin, the founder of Gotbit, has reached a significant settlement with US authorities, forfeiting $23 million in cryptocurrency assets. This move avoids potential imprisonment and fines, shedding light on the challenges of market manipulation and its impact on retail traders within the crypto ecosystem. […]
Read MoreUS Gov Sells $6.5B Silk Road Bitcoin Before Trump’s 2nd Inauguration, Price Dips Below $100K
US Government Sells $6.5 Billion in Silk Road Bitcoin Before Trump’s Second Inauguration The US government has offloaded 69,370 Bitcoin, seized from the Silk Road, valued at $6.5 billion. The Department of Justice (DoJ) approved the sale due to concerns over price volatility, just days before Donald Trump’s second inauguration. This move coincided with a […]
Read MoreUS Government Affirms Conviction of FTX’s Sam Bankman-Fried, Dismissing Appeal Claims
US Government Upholds Sam Bankman-Fried’s Conviction The US government has decisively rejected Sam Bankman-Fried’s appeal to overturn his conviction related to the infamous collapse of the FTX cryptocurrency exchange. By dismissing claims of judicial bias and procedural missteps, authorities have reinforced the legitimacy of the original trial’s verdict. Bankman-Fried’s appeal was rejected by US authorities. […]
Read MoreUS Initiates First Criminal Case for Crypto Tax Evasion, Signaling Regulatory Shift
US Crypto Tax Crackdown: Setting a New Precedent The US government has filed its first-ever criminal case against individuals for not paying taxes on crypto earnings. This landmark action marks a significant step in the regulation of digital currencies, highlighting the government’s commitment to ensuring tax compliance in the burgeoning crypto market. First criminal case […]
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