Investigation
Kraken Co-Founder Jesse Powell Under Federal Investigation on Claims of Hacking, Cyberstalking Non-Profit
FBI agents searched Powell's Los Angeles home as it probes whether he interfered with computer accounts of Verge Center for the Arts. A lawyer for Powell said he's done "nothing wrong" and unrelated to "his conduct in the cryptocurrency arena."
![CEO Jesse Powell says he's trying to insulate Kraken from “people who basically [think] if you don’t agree with them you’re evil.” (Kraken)](/_next/image?url=https%3A%2F%2Fcdn.sanity.io%2Fimages%2Fs3y3vcno%2Fhotfix%2F4b5920a655bba68af7143048063997d5da82339b-1440x1080.jpg%3Fauto%3Dformat&w=1080&q=75)
U.S. Justice Department Investigating Binance for Russia-Related Sanctions Violations: Bloomberg
CoinDesk has reached out to Binance and the Justice Department for comment.
U.S. DOJ Was Investigating Signature Bank's Work With Crypto Clients: Bloomberg
Prosecutors were looking at the crypto-friendly bank before regulators seized it, people familiar told Bloomberg.
Stablecoin Issuer Paxos Is Being Investigated by New York Regulator
The scope of the crypto-related investigation is not yet clear.
Crypto Exchange Kraken Facing SEC Probe, Settlement Could Come Soon: Bloomberg
The U.S. regulator is in the late stages of an investigation into the company's possible sale of unregistered securities, according to the report.
Silvergate Stock Tanks on Report of DOJ Probe Tied to FTX, Alameda Dealings
Shares of the crypto bank were falling almost 30% following the publication of a Bloomberg article Thursday.
UK Man Sentenced to 4-1/2 Years in Jail for Stealing $2.5M in Crypto
Wybbo Wirsma, a Dutch native who lived in the U.K., was under investigation for five years before pleading guilty in an Oxford court on Thursday.
Crypto Lender Nexo Targeted in Bulgaria Probe Into Alleged Money Laundering, Tax Violations
Authorities say they have evidence a Nexo user has been officially declared a terrorist financer.
Crypto Exchange Operator Bithumb Investigated by South Korean Tax Authorities: Report
The former chairman of Bithumb Holdings, which operates a crypto exchange in the country, was recently acquitted of fraud charges.
