Category: DoJ

Report Claims the FBI Uses Bitcoin Mixers During BTC Forfeiture Processing

Over the last eight years, U.S. law enforcement has seized a great number of bitcoins and at one time, the Federal Bureau of Investigation (FBI) held one of the largest bitcoin wallets after the Silk Road takedown. A recently published report shows the FBI has started using cryptocurrency mixing applications in recent times in order […]

Continue Reading

IRS wants customer records from Kraken — but a judge says it must narrow the request

The Internal Revenue Service (IRS) is seeking customer records from another crypto exchange. After getting the green light to serve Circle a so-called John Doe summons yesterday, the Department of Justice has filed for the tax regulator to issue the same request to Kraken. The Department of Justice’s Tax Division filed the petition with the […]

Continue Reading

Operator of darknet news site DeepDotWeb pleads guilty to money laundering

The US Department of Justice announced today that Tal Prihar, who ran DeepDotWeb, pleaded guilty to conspiracy to commit money laundering. According to the DOJ’s charges, Prihar used the news site DeepDotWeb to run ads directing readers to various darknet marketplaces. They say Prihar made approximately 8,155 Bitcoin on kickbacks for such ads, based on […]

Continue Reading

John McAfee’s Bodyguard Pleads Not Guilty in the $13M Crypto Fraud Case

The legal tussle between the U.S. authorities and John McAfee continues as his associate Jimmy Watson has entered a plea. The former antivirus tycoon’s bodyguard has pleaded not guilty to the alleged cryptocurrency fraud case. McAfee and Watson Jr. Are Accused of Having Built a ‘Pump and Dump’ Scheme According to court documents, Jimmy Gale […]

Continue Reading

John McAfee retains law firm to fight U.S. government’s securities, tax charges

John McAfee has retained legal representation for charges he’s currently facing in the U.S. Gordon Law Group, a tax law firm, will defend McAfee in federal legal cases he faces focused on alleged tax evasion and securities fraud. The Department of Justice indicted McAfee on securities fraud-related charges earlier this month. The allegations are related […]

Continue Reading

John McAfee decries SEC crypto promotion allegations as ‘overblown’

John McAfee called the U.S. government’s allegations against him “overblown” in a statement published Saturday. In a pair of tweets, McAfee wrote that “[m]y team evaluated every promotion based on management, business plans and potential. No one could have foreseen the altcoin market crash.” “We were paid in the same coins that crashed. The SEC […]

Continue Reading

John McAfee Indicted by DOJ Over Alleged Cryptocurrency Fraud Charges

Tech entrepreneur and former anti-virus tycoon John McAfee has been indicted by the U.S. Department of Justice (DoJ) on money laundering and fraud charges. The United States Attorney for the Southern District of New York and the FBI unsealed the indictment charging McAfee and his associate Jimmy Watson with securities fraud. John McAfee Indicted by […]

Continue Reading

U.S. prosecutors discussing surrender agreement with former BitMEX CEO Arthur Hayes

Arthur Hayes could surrender to U.S. authorities as soon as next month, prosecutors told a New York judge during a February hearing. According to court documents obtained by The Block, Hayes — the co-founder and former CEO of the crypto derivatives exchange — is “currently residing abroad in Singapore” and in discussions with the U.S. […]

Continue Reading

Darknet Market Joker’s Stash Retires After Raking in $1 Billion in Cryptocurrencies

One of the largest darknet marketplaces for selling identity data and stolen credit card information, Joker’s Stash retired last month after making off with a cool $1 billion in cryptocurrencies. Weeks ago, U.S. and European officials seized some of the web portal’s servers tied to Joker’s Stash site, but were unable to completely shut operations […]

Continue Reading