Tagged: doj

September 8, 2026 @ 7:07 am By Omar Faridi  |  

Federal prosecutors have secured a guilty plea from a Mexican citizen accused of helping move millions of dollars in narcotics profits out of the United States through digital assets. Carlos Erick Vazquez Gonzalez, 48, admitted on September 4, 2026, to taking part in a money-laundering… Read More

August 25, 2026 @ 3:46 pm By Omar Faridi  |  

A San Francisco-based entrepreneur with roots in the gaming industry has been found guilty of orchestrating a scheme that defrauded investors in a cryptocurrency trading fund of nearly $1 million. On August 24, 2026, a federal jury in the Northern District of California convicted Japheth… Read More

August 25, 2026 @ 8:18 am By Omar Faridi  |  

A federal jury in Nevada has found Las Vegas businessman Brent C. Kovar guilty of running a multimillion-dollar cryptocurrency fraud that prosecutors described as a classic Ponzi scheme. The verdict, delivered after a nine-day trial, holds Kovar responsible for taking roughly $24 million from at… Read More

August 20, 2026 @ 2:29 pm By Omar Faridi  |  

Federal prosecutors in Georgia have publicly detailed criminal charges against Edward Zimbardi following his recent return to the United States from Fiji. The 59-year-old resident of Flowery Branch stands accused of orchestrating a large-scale investment fraud that authorities say diverted more than $165 million from… Read More

August 5, 2026 @ 2:15 pm By Omar Faridi  |  

Three men from St. Louis, Missouri, are facing federal charges in connection with an alleged scheme to seize Bitcoin through a planned residential break-in in Connecticut nearly two years earlier. US Attorney David X. Sullivan for the District of Connecticut announced that Sedric Louis, 32,… Read More

July 11, 2026 @ 3:52 pm By Omar Faridi  |  

Federal prosecutors are reportedly preparing to abandon criminal proceedings against the alleged leader of one of the largest cryptocurrency-related investment schemes in recent years. The move comes after years of legal proceedings and on the eve of a scheduled trial, marking a notable shift in… Read More

June 20, 2026 @ 12:52 pm By Omar Faridi  |  

Two brothers from Texas have admitted their roles in a brazen armed robbery that left a Minnesota family held captive at gunpoint for hours while more than $8 million in cryptocurrency was stolen from them. On June 18, 2026, Isiah Angelo Garcia, 25, and Raymond… Read More

June 4, 2026 @ 3:16 pm By Omar Faridi  |  

Coinbase (NASDAQ:COIN) has recently announced the conclusion of a large-scale collaborative effort targeting scam operations. The initiative, involving major technology firms and U.S. law enforcement, resulted in the freezing of more than $3 million linked to fraudulent networks primarily active in Southeast Asia. This outcome… Read More

May 8, 2026 @ 10:19 pm By Omar Faridi  |  

A 30-year-old Saipan resident known as Sze Man Yu Inos, who also goes by the name Yuki, was sentenced to more than five and a half years behind bars for orchestrating a deceptive wire fraud operation that exploited the trust of numerous older women. On… Read More

April 30, 2026 @ 2:41 pm By Omar Faridi  |  

The US Justice Department has recent noted that law enforcement agencies from the United States, the United Arab Emirates, Thailand, and China have dismantled multiple overseas operations tied to cryptocurrency investment scams, resulting in the arrests of at least 276 people. The coordinated action, which… Read More

April 30, 2026 @ 1:00 am By Omar Faridi  |  

The US Justice Department announced that a 22-year-old resident of Newport Beach, California, was sentenced April 24 in federal court in Washington, D.C., to more than five years behind bars for his central role in cleaning dirty money from one of the largest social-engineering fraud… Read More

April 24, 2026 @ 8:06 am By Omar Faridi  |  

A concerning case is highlighting the emerging risks that are now seemingly at the c0mplex intersection of US national security and online wagering. US federal prosecutors have charged a U.S. Army soldier with misusing highly sensitive government data to generate substantial profits through prediction markets…. Read More

April 23, 2026 @ 12:10 pm By JD Alois  |  

The Southern Poverty Law Center (SPLC) is under indictment by the US Department of Justice (DOJ). The indictment followed the convening of a grand jury, an independent group of citizens, who determined there was probable cause to pursue the charges. In an announcement yesterday, the… Read More

April 14, 2026 @ 6:05 pm By Omar Faridi  |  

The US Department of Justice has launched a formal process to return money to victims of the sprawling OneCoin cryptocurrency fraud, drawing on more than $40 million in assets seized through criminal forfeiture.The announcement, released on April 13, 2026, marks a significant step in addressing… Read More

April 10, 2026 @ 5:05 am By Omar Faridi  |  

Tornado Cash developer Roman Storm and the US Department of Justice were again in court on April 9, 2026 in order to look into whether a prior money transmitting conviction may be overlooked and thrown out this time. This past Thursday, in a US District… Read More

April 1, 2026 @ 8:20 am By Omar Faridi  |  

Federal authorities have unveiled charges against ten executives and employees from four cryptocurrency market-making companies in what officials describe as a coordinated international effort to combat deceptive trading practices in the digital asset sector. The indictments, handed down by grand juries in San Francisco and… Read More

August 26, 2025 @ 12:48 am By Omar Faridi  |  

In a seemingly significant development for the cryptocurrency industry, the U.S. Department of Justice (DOJ) has issued a statement clarifying that writing code does not constitute a criminal act. This announcement marks a potential turning point in how the U.S. government approaches enforcement actions within… Read More

June 10, 2025 @ 4:10 pm By Omar Faridi  |  

In an international operation codenamed Operation RapTor, U.S. and Taiwanese law enforcement reportedly dismantled Incognito Market – a notorious darknet marketplace “that facilitated over $100 million in illegal drug sales.” Binance‘s Financial Intelligence Unit (FIU) played “a pivotal role in helping bring the platform’s operators… Read More

May 20, 2025 @ 6:52 pm By JD Alois  |  

The US Department of Justice is investigating the recent insider hack of Coinbase (NASDAQ:COIN), according to Bloomberg. Coinbase is said to have brought the breach to the authorities’ attention, but the company itself is not under investigation. Paul Grewal, Coinbase’s Chief Legal Officer, highlighted this fact… Read More

April 24, 2025 @ 11:17 am By Omar Faridi  |  

Chainalysis has noted that on April 7, 2025, Deputy Attorney General Todd Blanche issued a pivotal memorandum, now widely known as the “Blanche Memo,” marking a significant shift in the U.S. Department of Justice’s (DOJ) approach to digital asset enforcement. This directive signals the end… Read More