Sam Bankman-Fried will not file any post-trial motions, say lawyers
The former FTX CEO was found guilty of seven felony charges on Nov. 2, for which he could face up to 115 years in prison.
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Changpeng Zhao may not leave the US pending court review, says judge
Pending a motion for review filed by the U.S. government, the former Binance CEO will not be allowed to return to his home in the United Arab Emirates as he…
Nigeria’s Patricia Technologies relieved as arrest made in crypto wallet heist
The Nigerian Police Force spokesperson said in the statement that Ambassador Wilfred Bonse has been arrested concerning the theft, conversion of cryptocurrency wallets, and unauthorized fund diversion from Patricia Technologies…
Do Kwon extradition approved by Montenegro court
Montenegro’s minister of justice will make the final decision on Do Kwon’s extradition to either South Korea or the United States.
Court unseals indictments against Binance and CZ, detailing expected guilty pleas
The U.S. Justice Department, Treasury, and CFTC are reportedly planning to announce settlements for many of the criminal and civil cases against Binance and CZ on Nov. 21.
US Justice Department seizes 9M USDT amid $225M illicit funds frozen by Tether
Officials reported the seizure was tied to an organization responsible for “pig butchering” romance scams.
Former Bithumb Chairman faces eight-year imprisonment
According to prosecutors, Lee intended to revamp Bithumb’s governance to gain from exchange coins, circumventing financial regulations.
US House Financial Services subcommittee looks for answers on crypto and crime
Reports on crypto funding terrorism and blockchain forensics were confusing, but everyone agreed on the need for collaboration and regulation.
Australian regulators will compel businesses to report cyberattacks: Report
This obligation won’t be backed by a fine if the company fails to comply, and businesses will still be permitted to pay ransoms, though this is discouraged.
China declares stealing digital collections like NFTs liable for criminal theft sentence
The Chinese government says theft of digital collections violates the protection law and interests of the crime of illegally obtaining computer information system data.