TL;DR Adam Iza, who referred to as himself “The Godfather,” has been sentenced to 78 months in federal jail. Prosecutors stated he stole greater than $37 million from Meta by means of fraud involving entry to business-manager accounts and credit score traces. The courtroom additionally ordered greater than $23.4 million in restitution; Meta was a…
TL;DR The U.S. Justice Department says it seized backend cloud infrastructure tied to Huione Group money-laundering companies. Authorities linked the infrastructure to a broader ecosystem of rip-off funds, laundering and cybercrime exercise. The motion is a reminder that crypto enforcement is more and more focusing on infrastructure, not solely wallets and exchanges. U.S. Authorities Target…
TL;DR Two Texas brothers pleaded responsible in a federal case tied to an $8 million cryptocurrency kidnapping. The DOJ stated a Minnesota household was held at gunpoint and compelled to switch crypto. The case highlights bodily safety dangers for high-value self-custody holders. A Crypto Theft Case Moves From Charges To Guilty Pleas Two Texas brothers…
Rodney Burton, a Miami man identified on-line as “Bitcoin Rodney,” has pleaded responsible to a conspiracy cost linked to the HyperFund cryptocurrency fraud scheme, in response to the US Department of Justice. TL;DR The DOJ says Rodney Burton pleaded responsible to conspiracy linked to HyperFund. Authorities have described HyperFund as a $1.8 billion cryptocurrency fraud…
US prosecutors have formally dropped their case in opposition to former OpenSea supervisor Nathaniel Chastain following an appeals court docket reversal that dismantled what was as soon as positioned because the first NFT insider trading prosecution in American historical past. According to sources, the Justice Department introduced Wednesday it will enter a one-month deferred prosecution…
Federal Reserve Chair Jerome Powell delivered a uncommon televised assertion Sunday, accusing the Trump administration of utilizing prison threats to stress the central financial institution into slicing rates of interest. Powell confirmed that the Justice Department served the Fed with grand jury subpoenas on Friday, threatening an indictment over his June 2025 testimony relating to…
The US Department of Justice is transferring to seize greater than $15 million in USDT linked to North Korean hackers, a part of a broader effort to disrupt Pyongyang’s rising dependence on crypto theft and illicit IT work to fund its sanctioned packages. Key Takeaways: The DOJ is searching for to seize over $15 million…
Roger Ver has reached a settlement with the US Department of Justice (DOJ), admitting that he willfully didn’t disclose his Bitcoin holdings when he renounced his US citizenship in 2014. Key Takeaways: Roger Ver settled with the US DOJ, admitting he hid Bitcoin holdings when renouncing US citizenship in 2014. He paid practically $50 million…
Key Takeaways: DOJ filed a civil forfeiture motion to recuperate $584K in USDT tied to Mohammad Abedini, linked to Iran’s navy drone program. The funds have been saved in an unhosted pockets allegedly managed by Abedini or his firm, SDRA. Abedini’s agency equipped navigation techniques used in IRGC drones and missiles, together with one used…