The Trump administration has filed a $100 million lawsuit against infamous bitcoin exchange BTC-e and its alleged operator, Russian national Alexander Vinnik. Vinnik, who remains in custody in Greece as governments worldwide jockey to extradite him, st…
Hollywood actresses Felicity Huffman and Lori Loughlin were among the 50 people caught in a federal sweep investigating an alleged elaborate college cheating scam. It’s the most large scale college admissions scam ever prosecuted by the Departmen…
The US Department of Justice (DOJ) has reportedly opened a probe into whether Tether, the eponymous issuer of the USD-pegged cryptocurrency stablecoin tether (USDT), has engaged in illegal market manipulation to prop up the bitcoin price. Justice Depar…
The US Marshals Service has announced an upcoming auction for over $4 million worth of bitcoin seized during various legal proceedings. The sealed bid auction, which is scheduled to take place in November, will offer approximately 660 BTC seized during…
The Department of Justice (DOJ) in conjunction with a host of other government agencies have uncovered vendors of illicit goods on the Darknet to seize weapons and over $20 million in bitcoin from them. The operation which was spearheaded by the Depart…
The United States’ Justice Department has reportedly opened a criminal investigation into possible market manipulation of prices of cryptocurrencies including bitcoin by traders. Citing sources familiar with the probe, Bloomberg is reporting that the U…
The US Department of Justice (DOJ) has slapped cryptocurrency-friendly money transfer service Payza with a lawsuit for allegedly laundering more than $250 million connected to illicit activities including Ponzi schemes, pyramid schemes, and child porno…
A father-son duo from the state of Louisiana pleaded guilty to operating an illegal, unlicensed bitcoin exchange. An announcement from the U.S. Department of Justice revealed that Randall Lord, 58 and his son Michael Lord, 29, both from Shreveport, Louisiana, plead guilty to one count of conspiracy to operate an unlicensed money servicing business. In […]
The post Father-Son Duo Plead Guilty to Running Unlicensed Bitcoin Exchange appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
Payza was an early mover among “legitimate” money transfer services with regard to integrating Bitcoin payments, and as CCN reported about a year ago, one of the first to allow it both ways. You could deposit Bitcoin for sending payments and then receive payments in Bitcoin as well. The service appears to still be operational, but there’s trouble in the waters for the London-based company. The DC US Attorney’s office updated its site on the 21st of October with a notice stating that the company is now facing a criminal investigation. The notice didn’t get too deep into the details […]
The post Bitcoin Friendly Payza and Obopay Facing Federal Criminal Investigation appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
The issues at Paybase, Paycoin and GAW Miners that have festered over the past month have now finally come to a head. Paybase will be ceasing operations on April 30th, 2015, in accordance with a SEC and DOJ investigation into the actions and business practices of one Josh Garza. Paybase red flags surfaced weeks ago […]
The post Paybase to Shut Down Operations; Dept. of Justice Involved appeared first on CryptoCoinsNews.