Tagged: federal bureau of investigation

BitFunder and WeExchange CEO, Jon Montroll, Sentenced to 14 Months for Fraud and Obstruction of Justice

Jon Montroll, operator of two online crypto investment schemes, WeExchange Australia and BitFunder, has been sentenced to 14 months in prison for fraud and obstruction of justice. Montroll, 38, of Saginaw, Texas, has also been ordered to pay restitution of $167, 480 USD and will… Read More

FBI Seeking Information from Investors Harmed in Collapse of QuadrigaCX

The US Federal Bureau of Investigation (FBI) is seeking information from investors who lost money when the Canadian cryptocurrency trading platform QuadrigaCX fell apart late last year. Individuals with questions or concerns about the failed exchange or who believe they were a victim in the… Read More

Federal Authorities Charge Two Individuals with Providing “Shadow Banking” Services to Cryptocurrency Exchanges, Including Bitfinex

“Processed hundreds of millions of dollars of unregulated transactions on behalf of numerous cryptocurrency exchanges.” The Federal Bureau of Investigation (FBI) has arrested American citizen Reginald Fowler, 60. The US Attorney for the Southern District of New York has charged him with bank fraud, conspiracy… Read More

$4.5 Million in Cryptocurrencies Seized and 61 Arrested in International Dark Net Opioid Market Crackdown

61 people have been arrested and 50 Darknet accounts shut down following a joint operation against Dark Net opioid markets executed by J-CODE, the Joint Criminal Opioid and Darknet Enforcement team. According to an FBI press release, the arrests were made as part of Operation… Read More

1Broker Settles SEC/CFTC Case “Without Admitting or Denying Factual Allegations”

1Broker, a Marshall Islands-registered company with a CEO based in Austria, has announced it has settled lawsuits filed against it by the US Securities regulators, the SEC and CFTC: “We are pleased to let you know that we settled the two lawsuits without admitting or… Read More

Cleveland FBI Seeking Information from Investors Harmed by Billion Dollar Bitconnect Crypto Scam

The FBI is seeking information from “potential victims” of Bitconnect, a cryptocurrency Ponzi that bilked investors across the globe out of billions of dollars. People with information they wish to submit to the FBI can do so via a special online form set up by… Read More

Oakland Man Accused of Using Bitcoins on Dark Net to Purchase Chemical Weapon for Use in Domestic Violence

Oakland, California resident Sandford Bemi Faison is being held on charges alleging he tried to buy a toxic chemical on the Dark Net in order to poison his estranged spouse, The Los Angeles Times reports. The intended victim is also the mother of the accused’s two… Read More

Lawyer: Greek Justice System Violating Rights of Accused Bitcoin Launderer Alexander Vinnik

The legal rights of a man at the centre of an international tug-of-war have been violated by the Greek justice system, a lawyer for accused BTC-e administrator Alexander Vinnik argued in court this week. “You have violated the rights of Alexander Vinnik, who hasn’t received… Read More

Darknet Drug Market Admin “Oxymonster” Sentenced to 20 Years, Forfeits $700 000 in Crypto

Gal Vallerius, a dual French-Israeli citizen from the Brittany region of France, was sentenced to 20 years in prison earlier this month after pleading guilty to, “conspiracy to possess with the intent to distribute controlled substances and conspiracy to launder money,” court documents indicate. Mr Vallerius,… Read More

Blockchain Analysis Spending by US Government Agencies Has Tripled in 2018

Don't Say the B Word Blockchain

Government agencies in the US have more than tripled the amount of money they are allotting to private firms doing forensics on blockchains like Bitcoin, says weekly newsletter for institutions, diar. The biggest spender by far is the Internal Revenue Service (IRS), which is “accounting… Read More

Plans to Let Accused Electronic Arts Hacker Pay Bail in Crypto Hit Snag

A judge’s plan to allow a young man accused of hacking a popular online video game system to post $750 000 bail in cryptocurrency have hit a snag, Market Watch reports. Martin Marsich, 25, was arrested at San Francisco Airport August 8th while reportedly on… Read More

FBI Warns Creepy Voyeur Scams on the Rise

People with loose security online habits who also enjoy an occasional foray onto incriminating websites might want to keep some bitcoin on hand in case exposé hackers come calling. An August 7th public service announcement from the FBI says the agency is seeing an uptick… Read More

Not So Fast, Crypto-Using Druggies. Its the FBI!

The FBI, that agency with the Ken Doll guys in the suits in all the movies, you should know, is keeping an eye on 130 illegal situations involving cryptocurrencies, Bloomberg reports. “But how big is the problem!?” you ask. Well…OK… it’s basically sliver-sized, says Supervisory… Read More

SEC Alleges Manipulated Trading in HD View 360 Shares, Names CEO and UK Broker Dealer in Fraud Allegations, US Attorney for the Eastern District of New York Pursues Criminal Prosecution

HD View 360 Inc (OTC:HDVW), another company that issued a press-release mentioning Blockchain only to see trading in their shares suspended, has been hit with an enforcement action by the Securities and Exchange Commission along with a related criminal prosecution. The SEC first issued an… Read More

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