crime
Craig Wright Found in Contempt of Court Over Bitcoin Lawsuit Claims
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.
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.
TD Bank has pleaded guilty to money laundering charges and agreed to a $3.1 billion settlement, marking the largest financial penalty for violations of the Bank Secrecy Act in U.S. history.
A U.S. judge has approved FTX’s bankruptcy plan, clearing the way for $16 billion in repayments to creditors following the crypto exchange’s collapse in 2022.
