Market news, analysis & forecast powered by

Preview Mode

FM Home
> Department of justice
Europe's Economic Crossroads: Recession Fears and S&P Global's
Education Center
Will Blockchain Technology Mark a Turning Point in Fraud
Education Center
7 Things We Wish Someone Had Told Us Before We Started Trading
Education Center
The Crypto Market is Surging - Why FX Brokers Can’t Afford to Thought Leadership

department of justice

Search for a tag
CryptoCurrency

Crytpo AI-Powered Profit Promise Leads to $25M Fraud Indictment

  • Two men are charged for a cryptocurrency Ponzi scheme.
  • They promised high-yield profits using AI but misused funds for luxury expenses.
Wednesday, 13/12/2023 | 08:24 GMT by Damian Chmiel
Retail FX

Serbian Man Faces 20 Years of Time for 20 Sham Trading Platforms

  • Over $70 million was stolen in fraudulent trading schemes.
  • The fraudster offered investments in cryptocurrencies and binary options.
Sunday, 05/11/2023 | 13:50 GMT by Damian Chmiel
Institutional FX

SVB Financial Executives' Share Sales under Scrutiny in Ongoing SEC and DoJ Probes

  • DoJ and SEC join Fed in examining the SVB's crisis.
  • Investigations include reviewing SVB Financial executives' shares sales before the collapse.
Wednesday, 15/03/2023 | 09:43 GMT by Damian Chmiel
Institutional FX

Signature Bank Faced Criminal Probe in the US Before Collapse: Report

  • Federal prosecutors and the SEC were looking into the operations of the bank.
  • The investigators were concerned over AML lapses.
Wednesday, 15/03/2023 | 07:00 GMT by Arnab Shome
CryptoCurrency

US Justice Department Probes Collapse of TerraUSD: Report

  • The FBI and SDNY are interviewing employees of Terraform Labs.
  • The company and its CEO are facing civil fraud charges in the US.
Tuesday, 14/03/2023 | 06:27 GMT by Arnab Shome
News

Founder of Crypto Derivatives Platform Sentenced to 6 Months of Home Detention

  • Arthur Hayes has been sentenced in connection with his violation of the BSA.
  • According to the US Justice Department, Hayes failed to institute AML or KYC programs at BitMEX.
Saturday, 21/05/2022 | 11:30 GMT by Bilal Jafar
News

‘Ransomware’ Charges Brought against Canadian Man in the US

  • Vachon-Desjardins is a former Canadian government employee.
  • Around $28,151,582 was seized in cryptocurrencies.
Thursday, 10/03/2022 | 23:47 GMT by Felipe Erazo
Regulation

US Authorities Charge Siblings in $124 Million Crypto Fraud Case

  • The US Attorney for the Southern District of New York Office arrested John Barksdale.
  • The siblings are accused of running a $124 million crypto fraud scheme.
Tuesday, 08/03/2022 | 21:32 GMT by Felipe Erazo
News

US DOJ Is Looking to Hire a Director for Its New Crypto Enforcement Team

  • The new director should liaise with regulatory agencies such as the FinCEN and the US SEC.
Friday, 29/10/2021 | 19:11 GMT by Felipe Erazo
Regulation

US DOJ: Texas Man Arrested on COVID-19 Relief Fraud Charges

  • Some of the relief funds given to Joshua Thomas Argires were allegedly invested in cryptocurrencies.
Wednesday, 15/07/2020 | 01:47 GMT by Celeste Skinner
Payments

American Express Suspends Director Amid FX Pricing Probe

  • AmEx has been accused of routinely increasing currency-conversion rates, without alerting customers.
Tuesday, 08/01/2019 | 21:24 GMT by Celeste Skinner
Regulation

Man Accused of Running $900,000 Forex Ponzi Scheme Arrested

  • Thomas Lanzana has been accused of defrauding a minimum of 20 people.
Thursday, 13/12/2018 | 07:43 GMT by Celeste Skinner
Regulation

Credit Suisse to Pay $77 Million for Bribery Charges

  • The bank has been charged with obtaining business in Asia by hiring people connected to influential Chinese officials.
Friday, 06/07/2018 | 07:58 GMT by Celeste Skinner
News

Thousands of Bitcoins Seized in US Sting Operation

  • Many have been arrested for selling illegal goods via the dark web.
Wednesday, 27/06/2018 | 10:56 GMT by Simon Golstein
Regulation

HSBC Settles FX Rigging Investigation with US Department of Justice

  • The settlement requires the bank to pay $101.5 million in penalties and restitution.
Friday, 19/01/2018 | 11:28 GMT by Finance Magnates Staff
Regulation

Barclays CEO Staley Faces DoJ Examination Following Hires from JPMorgan

  • The US Department of Justice is examining whether Barclays engaged in a 'no-poach' agreement with JPMorgan.
Friday, 16/06/2017 | 10:47 GMT by Jeff Patterson
!"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}