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CATEGORY: depart


DOJ sues Visa over alleged payments monopoly

Author: Cointelegraph by Tristan Greene
United States
Sep 25, 2024 12:00

DOJ sues Visa over alleged payments monopoly

The suit alleges that Visa purposely made it difficult for competitors to participate in the payments market. 

DOJ recommends harsher sentences AI-enhanced crimes

Author: Cointelegraph by Tristan Greene
United States
Aug 08, 2024 12:00

DOJ recommends harsher sentences AI-enhanced crimes

Using AI to plan, commit, or help cover up a plan could lead to harsher sentencing in the US soon.

Tether has redistributed $108.8M in USDT from illicit activity since 2014

Author: Cointelegraph by Ciaran Lyons
United States
Aug 25, 2024 12:00

Tether has redistributed $108.8M in USDT from illicit activity since 2014

The most recent seizure of $5 million USDT from pig-butchering scams marks a significant victory in the ongoing fight against cyber fraud, according to Tether.

Aug 14, 2024 02:50

DOF X Account Hacked to Promote Crypto Scheme | Key Points | Aug. 13, 2024

The Department of Finance's X account is posting fraudulent crypto schemes that are still not deleted.

New York regulator hunts crypto and AI specialist for policy unit

Author: Cointelegraph by Arijit Sarkar
United States
Aug 14, 2024 12:00

New York regulator hunts crypto and AI specialist for policy unit

The NYDFS is recruiting a policy specialist to address key crypto, DeFi and AI issues within financial services.

US Senate recommends blockchain for national security tests

Author: Cointelegraph by Arijit Sarkar
United States
Jul 10, 2024 12:00

US Senate recommends blockchain for national security tests

The US Senate Committee on Armed Services urges the Department of Defense to explore blockchain for national security applications, including supply chain management.

Trump wont sell US BTC if elected, what about seized assets?

Author: Cointelegraph by Tristan Greene
United States
Jul 29, 2024 12:00

Trump wont sell US BTC if elected, what about seized assets?

Questions abound concerning the Bitfinex and Silk Road funds if Trump is re-elected.

Judge approves delaying forfeiture of donations from FTX-funded PACs

Author: Cointelegraph by Turner Wright
United States
Jul 27, 2024 12:00

Judge approves delaying forfeiture of donations from FTX-funded PACs

Former FTX CEO Sam Bankman-Fried reportedly donated roughly $40 million directly to political candidates and PACs in 2022 before the collapse of his crypto exchange.

OKX's exit From Nigeria sparks criticism from crypto analysts

Author: Cointelegraph by Amaka Nwaokocha
United States
Jul 19, 2024 12:00

OKX's exit From Nigeria sparks criticism from crypto analysts

OKX stopped Naira withdrawals in May 2024 due to regulatory issues after Binance was accused of manipulating Nigerias currency and laundering money.

BitMEX pleads guilty to Bank Secrecy Act violation

Author: Cointelegraph by Turner Wright
United States
Jul 11, 2024 12:00

BitMEX pleads guilty to Bank Secrecy Act violation

BitMEX co-founders Arthur Hayes, Benjamin Delo, and Samuel Reed pleaded guilty to similar criminal charges in 2022 and received probation.

Jun 25, 2024 01:25

DONOR TO ANTI-BITCOIN REP. BRAD SHERMAN COORDINATES WITH CHINA'S "MAGIC WEAPON" TO INFLUENCE US POLITICIANS

Many prominent American policymakers, including the President and the Vice President, have become friends with a donor to Rep. Brad Sherman's campaign who has worked with the Chinese state to influence American elections.

Jun 25, 2024 05:50

A Large Donor to Anti-Bitcoin Rep. Brad Sherman Coordinates With Chinas Magic Weapon to Influence US Politicians, Including President Biden and Vice President Harris

In 2018, one of the largest donors to Rep. Brad Sherman’s campaign was a bank director who had spent large sums of money to build political influence among American politicians and who led a US-registered non-for-profit that “signed a MOU of friendly cooperation” with a Chinese state entity alleged by the US State Department [...]

The post A Large Donor to Anti-Bitcoin Rep. Brad Sherman Coordinates With China’s “Magic Weapon” to Influence US Politicians, Including President Biden and Vice President Harris appeared first on Crypto Breaking News.

Crypto chief bids SEC farewell after 9 years of service

Author: Cointelegraph by Ezra Reguerra
United States
Jun 18, 2024 12:00

Crypto chief bids SEC farewell after 9 years of service

David Hirsch has worked as an enforcement attorney for the SEC since 2015 and started his post as the chief of the crypto asset division in 2022.

Proposed US Blockchain Integrity Act would ban crypto mixers for 2 years

Author: Cointelegraph by Derek Andersen
United States
May 09, 2024 12:00

Proposed US Blockchain Integrity Act would ban crypto mixers for 2 years

The bill introduced in the House would impose a fine of up to $100,000 for handling funds from mixers, while the Treasury writes a report.

May 07, 2025 05:50

Trish Turner appointed by IRS to lead crypto division amidst staff departures

Trish Turner, the head of the IRS Crypto Division, steps down from her leadership position, paving the way for a shift in the PTO Division amid a significant shakeup in leadership. After spearheading the Crypto Division at the Internal Revenue Service, Trish Turner has decided to hand over the reins, allowing for new leadership to [...]

US authorities bust $73M crypto scam, make two arrests

Author: Cointelegraph by Amaka Nwaokocha
United States
May 19, 2024 12:00

US authorities bust $73M crypto scam, make two arrests

The scammers convinced victims to transfer millions of dollars into U.S. bank accounts, which were then used to launder the illicit funds.

Two brothers manipulated Ethereum protocols to steal $25M  Justice Dept

Author: Cointelegraph by Turner Wright
United States
May 16, 2024 12:00

Two brothers manipulated Ethereum protocols to steal $25M Justice Dept

U.S. officials alleged the individuals engaged in a first-of-its-kind manipulation of the Ethereum blockchain by tampering with its protocols over validating transactions.

Sens. Lummis, Wyden oppose Justice Dept. stance on Tornado Cash charges

Author: Cointelegraph by Derek Andersen
United States
May 14, 2024 12:00

Sens. Lummis, Wyden oppose Justice Dept. stance on Tornado Cash charges

If the Justice Dept. prevails in the case against the cryptocurrency mixer, internet service providers and the post office may also be liable to transmitter requirements, they said.

May 11, 2025 12:10

Bitcoin 6-Month Flight Plan To $188,000, Heres The Roadmap

With Bitcoin back above $100,000, crypto analyst Leo Hart has released a 6-month roadmap on the flagship cryptos journey to new all-time highs (ATHs). The analyst predicted BTC could rally to as high as $188,000 by the sixth month.  The Roadmap For Bitcoins Flight Plan To $188,000 In an X post, Leo Hart outlined Bitcoin’s flight to the moon plan for the next six months, during which he expects the flagship crypto to rally to $188,000. For stage one, which he dubbed the Maximum Power Law Trend Departure, the analyst stated that the target is $108,000, and predicts that BTC will reach this price level in the next two weeks.  Related Reading: Bitcoin Price To $150,000: BTC Is Mirroring Bullish Fractal From 2020 He further explained that this Bitcoin price level is 36 days from the first quarter point in his mathematical calculation. The analyst also highlighted the green rectangle near the Power Law Trend in his accompanying chart, which shows the maximum deviation from the PLT.  For the second stage, Maximum Absolute Wave Height (MAWH), Leo Hart stated that Bitcoin’s target at this stage is $145,500, and the timeline is two months. This means that BTC can reach this target by July, which would mark a new ATH for the flagship crypto. The analyst noted that this price target is the peak, represented by the horizontal tangent to the upper boundary in the chart. The third stage is the Red Zone Entry Point (RZEP), and the target is $188,000. Bitcoin is expected to reach this price level in the next four months. However, the analyst didnt explain why BTC can hit this price level.  Meanwhile, he also mentioned a fourth stage called Zero Gravity and Re-entry. He explained that beyond stage 3, market participants will enter a zero-gravity phase with unknown parameters, followed by the descent from orbit, hinting at a potential price crash.  BTCs Journey To A New ATH Has Begun Crypto analyst Rekt Capital indicated that Bitcoins journey to a new all-time high has begun. In an X post, he noted that BTC has rejected from the $104,500 level, which was part of his initial theory on how the flagship crypto could reach a new ATH.  Related Reading: Bitcoin Price Flashes Signal That Has Led To A Surge Every Time Following this rejection, the analyst predicts that the next step is for Bitcoin to hold the $97,000 to $99,000 range as support. Once that happens, he expects the flagship crypto to break out to new ATHs. His accompanying chart suggested that BTC could rally to $110,000 in the short term. Crypto analyst Titan of Crypto also confirmed that the $135,000 target is still in play for 2025.  At the time of writing, the Bitcoin price is trading at around $103,400, up in the last 24 hours, according to data from CoinMarketCap. Featured image from Unsplash, chart from Tradingview.com

Apr 08, 2025 05:50

Attorney Files Lawsuit Against US Homeland Department to Investigate Alleged Satoshi Nakamoto Encounter

A lawyer specializing in crypto-related cases has filed a lawsuit against the Department of Homeland Security. The lawsuit seeks to reveal the true identity of the mysterious creator of Bitcoin, known as Satoshi Nakamoto. The lawyer is determined to uncover the identity of Satoshi, whose true identity has remained unknown despite years of speculation and [...]

The post Attorney Files Lawsuit Against US Homeland Department to Investigate Alleged Satoshi Nakamoto Encounter appeared first on Crypto Breaking News.

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