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Report: Nigeria to Stop Cash Withdrawals From Government Accounts

From the start of March, Nigerian public officials will be barred from withdrawing cash from government bank accounts, the head of the Nigerian Financial Intelligence Unit reportedly said. Public officials…

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Free Talk Live Co-Host Ian Freeman Found Guilty in Federal Crypto Trial

After close to two years, following the U.S. federal government accusing the Crypto Six of unlicensed money transmission, the case is seemingly coming to an end. According to multiple reports,…

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3 FTX Execs Have Snitched on SBF, Now Scrutiny Is Aimed at Nishad Singh and Ramnik Arora

On Dec. 21, U.S. law enforcement officials from the Southern District of New York (SDNY), the Securities and Exchange Commission (SEC), and the Commodity Futures Trading Commission (CFTC) revealed they…

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BTC-e’s Alexander Vinnik Applies for Release on Bail Citing Trial Delay

The alleged operator of crypto exchange BTC-e, Alexander Vinnik, has asked to be released on bail due to the delay in court proceedings. In early August, the Russian IT specialist…

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Onecoin Co-Founder Pleads Guilty to Fraud Charges in US

Karl Sebastian Greenwood, a co-founder and operator of Onecoin, has pled guilty to his part in building the notorious crypto pyramid. The fake cryptocurrency’s “global master distributor” has been in…

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FTX Co-Founder Indicted by Federal Grand Jury in Manhattan, Bahamian Magistrate Denies SBF’s Bail

On Dec. 13, 2022, the Southern District of New York (SDNY) prosecutor’s office and SDNY attorney Damian Williams revealed that the FTX co-founder Sam Bankman-Fried has been indicted for “fraud,…

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Crypto Twitter explodes over the news of Sam Bankman-Fried’s arrest

US politicians, crypto execs, and influencers fired up their Twitter apps upon learning of Sam Bankman-Fried's arrest in The Bahamas.

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US regulator to seek feedback on DeFi’s impact on financial crime

A “close look” is being taken at money laundering and terror financing laws by FinCEN as it asked banking sector players for feedback on DeFi’s crime risks.

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