Category: Department of Justice (DoJ)


Bitcoin Keys Cannot be Hacked: Skeptics Question the Official Colonial Pipeline Bitcoin Seizure Story


Bitcoin Keys Cannot be Hacked: Skeptics Question the Official Colonial Pipeline Bitcoin Seizure StoryOn June 7, the United States Justice Department and the Federal Bureau of Investigation (FBI) announced the “recovery” of 63.70 bitcoin from the funds Colonial Pipeline sent to the hackers. The official story has a number of inconsistencies and federal investigators did not disclose how the FBI was able to confiscate the Darkside gang’s private […]


FBI Agent Recovers Private Key to $2.3M in Bitcoin Paid to Colonial Pipeline Hackers


FBI Agent Recovers Private Key to $2.3M in Bitcoin Paid to Colonial Pipeline HackersU.S. law enforcement officials from the Justice Department on Monday announced the seizure of $2.3 million dollars worth of crypto assets that were paid to the Colonial Pipeline hackers. Deputy Attorney General Lisa Monaco explained during a news conference that federal agents “recaptured the majority of the ransom Colonial paid to the Darkside network.” FBI […]


Serbian National Arrested and Extradited to the US for His Role in a $70M Crypto Mining Case


Serbian National Arrested and Extradited to the US for His Role in a $70M Crypto Mining CaseA Serbian national has been extradited to the United States to face charges of defrauding investors out of more than $70 million through a cryptocurrency mining and binary options scam. Antonije Stojilkovic, 32, and six accomplices, who were all arrested between July and October 2020, faces up to 20 years in federal prison if convicted. […]


US Court Sentences ICO Fraudster to 6 Months in Jail: Orders the Accused to Pay Over $4 Million in Restitution


A U.S. court has sentenced Jerry Ji Guo, a resident of San Francisco, to an effective six months in prison for his role in a fraudulent initial coin offering (ICO). In addition to the prison term, the court ordered Guo to pay over $4 million in restitution. Further, Guo will also cooperate with the government […]


Man Jailed for Role in $25 Million Ponzi Scheme Involving a Failed Crypto


Man Jailed for Role in $25 Million Ponzi Scheme Involving a Failed CryptoA South Florida federal district judge has sentenced Jose Angel Aman to 84 months in prison for his role in perpetrating a $25 million diamond Ponzi scheme. In addition, the judge ordered Aman to pay over $23 million in restitution to victims who invested in his diamond cutting business and the purported diamond-backed crypto token. […]

The post Man Jailed for Role in $25 Million Ponzi Scheme Involving a Failed Crypto appeared first on Bitcoin News.


Mastermind of Bitcoin Mining Ponzi Scheme Extradited to the US: $20 Million in Victims’ Funds Laundered


The US government says it has extradited Gutemberg Dos Santos, the co-founder of the Airbit Club Ponzi scheme from Panama and he now awaits his trial in a Manhattan court. Dos Santos is facing charges relating to his role in perpetuating a “cryptocurrency” scam which defrauded victims of “tens of millions of dollars.” Fraudulent Claims […]

The post Mastermind of Bitcoin Mining Ponzi Scheme Extradited to the US: $20 Million in Victims’ Funds Laundered appeared first on Bitcoin News.


Silk Road Bitcoin Seizure: Analytics Firm Claims Tokens Worth Millions Still Outstanding


Analytics firm Coinfirm says the US Department of Justice (DOJ)’s seizure of digital assets associated with the now-defunct Silk Road left behind tokens worth millions of dollars. According to Coinfirm, there are still valuable balances held on forked addresses originating from that wallet. On November 5, the DOJ announced that a hacker known as Individual […]

The post Silk Road Bitcoin Seizure: Analytics Firm Claims Tokens Worth Millions Still Outstanding appeared first on Bitcoin News.


Bitmex Fast-Tracks KYC Program as Regulators Tighten Screws on Anti-Money Laundering Rules


Bitmex Fast-Tracks KYC Program as Regulators Tighten Screws on Anti-Money Laundering RulesBitmex said Wednesday that it is fast-tracking its user verification program in order to comply with regulatory requirements. Users must now be fully verified by Nov. 5, 2020 “to continue trading on the platform,” it said. In a statement, the crypto derivatives exchange stated that “unverified users will not be able to open new positions” […]

The post Bitmex Fast-Tracks KYC Program as Regulators Tighten Screws on Anti-Money Laundering Rules appeared first on Bitcoin News.


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