Tag: Department of Justice

The Department of Justice, Treasury Department and French law enforcement seized many of Bitzlato’s resources, alleging the firm helped launder $700 million in illicit funds. The United States Department of Justice announced a “major international cryptocurrency enforcement action” against crypto firm Bitzlato and the arrest of its founder, Anatoly Legkodymov. In a Jan. 18 announcement,…

U.S. authorities are reportedly investigating internal transfers from Digital Currency Group to its subsidiary Genesis. Crypto conglomerate Digital Currency Group, or DCG, is under investigation by the United States Department of Justice’s Eastern District of New York and the Securities and Exchange Commission (SEC), according to a Bloomberg report. The authorities are digging into internal transfers between…

United States prosecutors are investigating hedge funds’ relationships with cryptocurrency exchange Binance for money-laundering violations. United States prosecutors are investigating hedge funds’ relationships with cryptocurrency exchange Binance for money-laundering violations. According to anonymous sources cited by the Washington Post, the U.S. attorney’s office for the Western District of Washington in Seattle subpoenaed investment firms to provide records…