News list for " Prosecutor"
Shanghai prosecutors held a series of press conferences yesterday and reported relevant cases, which showed that virtual currency, digital collections and other crimes committed under the guise of technological innovation gradually emerged, and in a new financial fraud case in the name of investing in virtual currency to defraud victims' money, the defendant Wu and others defrauded victims of funds totaling more than 35 million yuan in "air coin" GDFC issued by themselves during the operation of...
Prosecutors in New York are suspected of reassessing whether to drop the charges against Keonne Rodriguez and William Lonergan Hill, two co-founders of privacy wallet Samourai Wallet. According to court documents filed on Monday, the prosecution and defense jointly asked the judge to grant a 16-day extension so that prosecutors can decide on a follow-up based on a new policy memorandum from Deputy Attorney General Todd Blanche. Blanche announced the dissolution of the Justice Department's crypto...
South Korea's Grand Prosecutor's Office on the 8th dropped a protest against the court's decision to "cancel the detention of Yoon Seok-hyuk", and Yoon Seok-hyuk will be released later. (Kim Ten)
On February 21, Du Xueyi, director of the Economic Crime Procuratorate of the Supreme People's Procuratorate, said at the press conference "Strictly crack down on securities crimes according to law and promote the healthy and stable development of capital markets" that in the next step, the procuratorial organs will closely adhere to the main line of risk prevention, strong supervision and high-quality development, based on procuratorial duties, and use the power of the rule of law to serve and ...
According to the official website of the Department of Justice, US prosecutors have filed a civil forfeiture lawsuit in a crypto investment fraud case, recovering 7.24 BTC, 14,120 USDT, 105.75 ETH and other crypto assets. Investigations revealed that a Massachusetts resident was lured to join a fake investment group and tricked into transferring funds to a suspicious trading platform. Law enforcement found that at least three victims across the United States sent money to the same platform, and ...
Las Vegas businessperson Brent C. Kovar first appeared in court on February 14 on suspicion of cryptocurrency fraud, according to the U.S. Attorney's Office of Nevada. Prosecutors accused him of fraudulently claiming to use artificial intelligence to mine and verify cryptocurrency transactions through his company Profit Connect between the end of 2017 and July 2021, promising an annualized yield of 15% -30% and providing a full refund guarantee, defrauding more than 400 investors of about $24 mi...
Danielle Sassoon, the acting attorney for the Southern District of New York, resigned abruptly in connection with a Justice Department request that she suspend a corruption investigation into Mayor Eric Adams. It was not immediately clear who would replace Sassoon in the acting role. Sassoon was the lead prosecutor in the case of FTX founder Sam Bankman-Fried (SBF) and has also been in charge of several lawsuits involving the crypto industry. According to sources, acting U.S. Deputy Attorney Gen...
On February 8, the U.S. Attorney's Office announced that Evan Frederick Light, a 22-year-old man from Lebanon, Indiana, was sentenced to 20 years in federal prison, plus three years of supervised release, on charges of conspiracy to commit wire fraud and conspiracy to commit money laundering. In February 2022, Light hacked into an investment holding company in Sioux Falls, South Dakota, stealing the personally identifiable information of nearly 600 clients and stealing more than $37 million wort...
According to Solid Intel, French prosecutors have said that the case against Telegram founder Pavel Durov will take at least a year to reach the court stage, and it is too early to negotiate a settlement.
Department of Justice prosecutors have agreed to temporarily restrict access to information in the Treasury Department's payment systems by staff at Musk's Department of Government Effectiveness (DOGE), after a group of union members and retirees sued the Treasury, alleging that giving DOGE access to the federal government's vast collection and payment system and the personal data stored therein violated federal privacy laws.
