A Texas court has ordered Bitcoin investor Frank Ahlgren to surrender private keys to $124 million in crypto after his conviction for tax fraud, marking the first U.S. criminal tax evasion case focused on Bitcoin.
Montenegro has approved the extradition of Terraform Labs founder Do Kwon to the U.S., marking a key development in the legal fallout from the $40 billion Terra/Luna collapse.
Craig Wright, who claims to be Bitcoin’s creator, was found in contempt of court for breaching a UK order, facing a suspended 12-month prison sentence.
The U.S. Treasury, with UAE assistance, has sanctioned two individuals and a company for laundering cryptocurrency to fund North Korea’s weapons programs.
Early Bitcoin investor Frank Richard Ahlgren III has been sentenced to two years in prison for tax evasion on $3.7 million in Bitcoin sales.
The U.S. government has launched an investigation into Tether, the company behind the stablecoin USDT, for potential sanctions violations and money-laundering concerns.
The FBI arrested Eric Council Jr. for allegedly hacking the SEC’s X account in January 2024, posting a fake Bitcoin ETF approval that briefly spiked Bitcoin’s price by over $1,000.
TD Bank faces a $3 billion fine for violating the Bank Secrecy Act by failing to report suspicious cryptocurrency transactions linked to money laundering networks, marking the largest penalty ever imposed under the BSA.
