Department of Justice
Legal Expert on What Binance, CZ Woes Mean For Crypto Industry
Binance, the world's largest crypto exchange, has agreed to pay $4.3 billion to settle allegations it broke sanctions and money-transmitting laws. Founder Changpeng "CZ" Zhao also pleaded guilty in Seattle to charges he personally faced and agreed to pay a $50 million fine to the Department of Justice, in addition to stepping down as CEO. Haynes Boone Partner Kit Addleman weighs in on the latest developments and the implications for the crypto industry at large.
Kraken Accused of Operating Unregistered Platform, Mixing Customer Funds; Bittrex Global to Shut Down
"CoinDesk Daily" host Jennifer Sanasie breaks down the hottest crypto headlines today, including the U.S. Securities and Exchange Commission (SEC) allegations in a new lawsuit against Kraken, the reported settlement between Binance and the Department of Justice, plus the details as Bittrex Global announces it will shut down.
Fake BlackRock XRP Filing Reported to Delaware Department of Justice
Delaware's Department of Justice may be investigating a fake filing Monday that suggested asset management giant BlackRock was prepping the launch of a spot XRP exchange-traded fund (ETF). CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the details.
'Mutant Ape Planet' NFT Developer Pleaded Guilty in $3M Fraud
French developer Aurelien Michel pleaded guilty in U.S. federal court and agreed to pay $1.4M, according to prosecutors.
SafeMoon Execs Arrested by DOJ in Fraud Investigation, Charged by SEC
Crypto company SafeMoon's CEO and chief technology officer were arrested, accused of withdrawing more than $200M to buy luxury cars and homes from funds that they told investors were "locked," according to the DOJ and the regulator.
Chinese Firms Used Crypto Payments to Run Fentanyl Network, U.S. Claims in Charges
The U.S. Department of Justice charged eight companies with illegal drug production, distribution and sales of precursor chemicals, saying they used cryptocurrency to move money.
Prosecutors Blast FTX Founder Sam Bankman-Fried’s Proposed Jury Questions
The U.S. Department of Justice argues FTX founder Sam Bankman-Fried’s proposed jury questions are “unnecessarily intrusive” and may be intended to support his defense, according to a letter written by prosecutors to Judge Lewis Kaplan, of the Southern District of New York. CoinDesk's global policy and regulation managing editor Nikhilesh De breaks outlines the possible jury questions and key takeaways.
Sam Bankman-Fried's Lawyers Bicker With Prosecutors Over Proposed Witnesses
Sam Bankman-Fried's defense team continues to squabble with prosecutors over the Department of Justice's motion to disqualify some proposed witnesses. CoinDesk's global policy and regulation managing editor Nikhilesh De details the back-and-forth between the government and the FTX founder's attorneys.
Sam Bankman-Fried’s Lawyers Push Back Against DOJ’s Motion to Block Proposed Witnesses
In a Monday night filing, defense attorneys for Sam Bankman-Fried fired back against prosecutors wanting to disqualify proposed expert witness testimony, claiming that the U.S. Department of Justice is pushing to prevent the FTX founder from having a fair trial. CoinDesk's global policy and regulation managing editor Nikhilesh De breaks down the latest legal developments.
FTX Founder Sam Bankman-Fried’s Attorneys Fire Back at Prosecutors Over Laptop Access
Attorneys for Sam Bankman-Fried are clapping back at the Department of Justice in a new memo Friday, claiming prosecutors exaggerated the amount of access FTX founder really has to defense material. CoinDesk's global policy and regulation managing editor Nikhilesh De breaks down the arguments in the letter and whether Bankman-Fried has a chance to be released from jail ahead of his trial in October.