Manhattan US Attorney's Office Opens Probe Into FTX Collapse: Reuters
Prosecutors working with the Department of Justice’s Southern District of New York have launched a probe into implosion of crypto exchange FTX, a source told Reuters Monday.
Over the weekend, the Financial Crimes Investigation Branch of Bahamas announced a criminal investigation of FTX.
Related news
Policy
Apr. 26, 2024
Custodia Bank Appeals Court Loss in Fed Membership Lawsuit
Custodia, a Wyoming-based aspiring crypto bank, filed a notice of appeal against a court ruling that affirmed the Federal Reserve's rejection of its bid for a master account and membership. A federal judge ruled last month that the Kansas City F...
Policy
Apr. 26, 2024
Warren Flags Crypto Ties to Child Sexual Abuse in Letter to DOJ, Homeland Security
The bipartisan pair of U.S. senators underlined crypto's history as a mainstay of transactions to purchase illegal pornography featuring children. Their letter to U.S. Attorney General Merrick Garland and the secretary of the Department of Home...
Policy
Apr. 26, 2024
EU Parliament Adopts Anti-Money Laundering Rules Package, Also Policing Crypto
The European Parliament has approved a broad package of anti-money laundering laws targeting various financial services and entities, including crypto. In addition to enhanced due diligence, the measures will give journalists and other interest...
Policy
Apr. 26, 2024
Ex-Head of China's Digital Yuan Effort Facing Government Probe: Report
The former leader of China's digital yuan effort is reportedly under investigation for alleged law violations. He is now an official at China's Securities Regulatory Commission. Yao Qian, the architect of China's central bank digital currency...
Policy
Apr. 25, 2024
UK Law Enforcement Agencies Can Now Seize Crypto More Easily as New Rules Take Effect
New powers that will make it easier for law enforcement agencies to seize crypto come into effect on Friday. The U.K. passed a crime bill last year to aid crypto seizures, allowing law enforcement agencies to seize funds before making arrests. ...
Policy
Apr. 25, 2024
Consensys Sues SEC Over ‘Unlawful Seizure Of Authority’ Over Ethereum
Ethereum developer Consensys has filed a lawsuit against the U.S. Securities and Exchange Commission, striking back against what the company calls an “unlawful seizure of authority” over Ethereum by the federal regulator. The company wants a fed...