In March, a jury convicted Bitcoin Fog founder Roman Sterlingov of four counts related to money laundering through the operations of the crypto mixing service.
Read moreSEC charges Novatech, company founders, promoters with fraud
Novatech claimed funds were stolen via a cyberattack in May 2023 and reassured customers the company was working to recover the assets.
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US Court Orders FTX and Alameda to Pay Fraud Victims $12.7 Billion in Historic CFTC Recovery
A U.S. district court has ordered FTX and Alameda Research to pay $12.7 billion to fraud victims due to their misuse of customer funds and
Read moreDOJ recommends harsher sentences AI-enhanced crimes
Using AI to plan, commit, or help cover up a plan could lead to harsher sentencing in the US soon.
Read moreJudge finds Ripple Labs liable for $125M penalty in SEC case
Ripple’s civil case with the SEC has been ongoing since December 2020, when the regulator alleged the blockchain firm used XRP as an unregistered security
Read moreElon Musk renews lawsuit against OpenAI, Sam Altman — Filing
Musk claims he was misled about the ChatGPT creator’s true purpose.
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