Enforcement

Crypto / Digital Assets

UPDATED – Terraform Labs Founder Do Kwon Arrested and Charged

By Editors | 24/03/2023

Do Kwon was arrested in Montenegro. SDNY prosecutors released an indictment and will seek his extradition to the US.

Crypto / Digital Assets

US SEC Warns Coinbase of Impending Enforcement Action

By Manesh Samtani | 24/03/2023

Coinbase met with the SEC 30 times over 9 months and spent millions of dollars trying to help it create a registration path for crypto exchanges.

Enforcement

Australia: Ex-Tesla Director Sentenced for Insider Trading

By Editors | 23/03/2023

Tesla’s Australia director used confidential information to profit from buying and selling Piedmont Lithium shares on the ASX.

Enforcement

US SEC Simultaneously Charges Crypto Founder, Eight Celebrities

By Editors | 23/03/2023

Tron founder Justin Sun sold unregistered securities to US investors, manipulated TRX and BTT markets, and paid celebrities to tout the offerings without disclosing their compensation.

Enforcement

Australia Jails Lawyer for 12 Years in Tax Fraud Case

By Editors | 22/03/2023

The lawyer allowed proceeds of crime to be received and transferred out of his legal practice’s trust account.

Enforcement

CFTC Revokes Registrations of Allianz Global Investors

By Editors | 22/03/2023

The CFTC’s order was issued to “protect the derivatives markets and market participants” after three portfolio managers made fraudulent representations to investors for several years.

Crypto / Digital Assets

Korean Prosecutors Probe “Illegal” Crypto Token Listings

By Editors | 22/03/2023

A Bithumb executive, former Coinone employee, and other crypto exchanges are said to have illegally listed crypto tokens on their platforms.

Crypto / Digital Assets

Korea: Ex-Coinone Executive Arrested Over Crypto Listings

By Editors | 21/03/2023

The former executive allegedly almost $1.5mn from brokers to list a specific cryptocurrency on the Coinone trading platform.

Enforcement

Bulgaria Extradites Former OneCoin Exec to Face US Charges

By Editors | 21/03/2023

OneCoin’s former head of legal and compliance is alleged to have helped launder millions of dollars of illegal proceeds through shell companies and bank accounts.