Report: US Department of Justice Files $60 Million Lawsuit Against Bitcoin Mi...
The United States Department of Justice recently filed a lawsuit to recover $60 million that was imposed on Larry Harmon, the operator of a bitcoin mixing service targeted by U.S. law enforcement in 2020. According to U.S. authorities, Harmon had operated an unlicensed money-transmitting business. Violation of the Bank Secrecy Act The United States Department of Justice (DOJ) is reportedly suing Larry Harmon, the founder of the crypto mixer Helix, to recover the $60 million fine imposed on him by regulators. According to a Reuters report, the fine, which was imposed in 2020,....
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The Department of Justice (DOJ) has filed its first criminal complaint against an American who allegedly used cryptocurrency to circumvent U.S. sanctions. “The payments platform advertised its services as designed to evade U.S. sanctions, including through purportedly untraceable virtual currency transactions.”
DOJ Charges US Citizen in Crypto Sanctions Evasion Case
The U.S. Justice Department has filed its first criminal complaint against a U.S. citizen who allegedly tried to evade American sanctions using cryptocurrency, according to a judicial opinion document....
The United States Department of Justice has launched a criminal investigation into an Uber data breach that occurred in May 2014. Reuters reported that, during this process, the Department of Justice will attempt to determine whether Uber’s ride-sharing competitor, Lyft, had any involvement in the breach. In February, Uber revealed that they had suffered a massive data breach, in which approximately 50,000 Uber drivers had files containing their names and driver’s license numbers downloaded by an unauthorized person. According to Reuters, “an investigation by Uber determined that an....
The U.S. Department of Justice (DOJ) has charged two people allegedly behind a million-dollar non-fungible token (NFT) “rug pull” scheme. They abandoned the NFT project within hours after selling out, deactivated the website, and transferred over $1 million in crypto to the wallets they controlled, the justice department explained.
NFT Purchasers Defrauded in a Rug Pull Scam
The U.S. Justice Department announced Thursday that two 20-year-olds have been charged in a “non-fungible token (NFT) fraud and money-laundering scheme.” The defendants,....
The US Justice Department has laid an iron hand on an undisclosed American citizen who has sent roughly $10 million worth of digital coins to a location sanctioned by the Office of Foreign Assets Control (OFAC). The defendant has allegedly transferred cryptocurrencies to a country that is currently under US sanctions such as Russia, Cuba, […]
The U.S. Department of Justice has announced the launch of a National Cryptocurrency Enforcement Team (NCET). This team would handle investigations and prosecutions of criminal misuses of cryptocurrency. In particular, crimes committed by virtual currency exchanges and money launderers. The Justice Department released a report to this effect on its website on Wednesday, October 6, 2021. This […]