In a precedent-setting case, Shakeeb Ahmed pleaded guilty on Thursday to charges related to hacks on two decentralized cryptocurrency exchanges, including the July attack on Solana decentralized …
DOJ Takes Down Mt. Gox Hackers For Multi-Million Dollar Crypto Theft
The United States Department of Justice (DOJ) has announced the unsealing of charges related to the 2011 hack of the crypto exchange Mt. Gox and the operation of the illicit cryptocurrency exchange …
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Former CFO indicted for diverting $35M to cryptocurrency venture
Nevin Shetty, a former chief financial officer (CFO) at a Seattle startup, was indicted on May 17 in the United States District Court in Seattle on charges of wire fraud. The indictment alleges that …
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Russian Hacker Charged in $200M Crypto Ransomware Scheme Against US Infrastructure
The United States Department of Justice has charged a Russian national with two indictments. The individuals executed attacks against U.S. infrastructure. The United States Department of Justice (DOJ) …
Ex-CFO gets 3 years prison for stealing from SPACs to trade meme stocks, cryptocurrencies
A former chief financial officer of multiple special purpose acquisition companies (SPACs) was sentenced to three years in prison on Thursday for embezzling more than $5 million from them, and losing …
Court Charges 5 in $2M HYDRO Token Manipulation Case, SEC Records Victory
Five individuals have been handed massive fines for ‘conspiring to manipulate the market’ using the ERC-20 Hydro (HYDRO) token. The scheme reportedly resulted in more than $2 million in investor …
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Silk Road Hacker Sentenced After Police Seize 50,000 BTC
The Department of Justice announced sentencing in a Silk Road hacking case following a seizure of 51,000 bitcoin over the past two years. In 2012, defendant James Zhong amassed the bitcoin through a …
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Titanium Blockchain CEO is Sentenced in Cryptocurrency Scheme
Michael Alan Stollery, the founder and CEO of Titanium Blockchain Infrastructure Services (TBIS), pleaded guilty in July 2022 to a single count of securities fraud against the United States …
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Forsage founders indicted over $340M DeFi ‘Ponzi scheme’
The founders behind the alleged $340 million “global Ponzi” scheme Forsage have been indicted by a federal grand jury in the District of Oregon. The four Russian founders — Vladimir Okhotnikov, Olena …
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Alleged hacker behind Kaseya ransomware attack extradited, arraigned in Texas
Yaroslav Vasinskyi is accused of being connected to the Sodinokibi/REvil ransomware group. He was extradited and arraigned in a Dallas, Texas court on Wednesday. The Justice Department, in November, …
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