All posts tagged "DoJ"
-
343AML / KYCUS Federal Court Declares Crypto Subject to Sanctions Laws
A newly unsealed federal court opinion supports the DOJ's first criminal prosecution involving the use of crypto for sanctions evasion.
May 20, 2022 -
1.1KAML / KYCUS Charges Crypto CEO for Fraudulent Investment Scheme
Eddy Alexandre, the CEO of EminiFX, promised weekly returns would be generated through proprietary robo-advising technology.
May 19, 2022 -
369EnforcementAllianz to Pay $6bn to Settle Investor Fraud Cases
Allianz Global Investors admitted that it violated the federal securities laws, and is disqualified from providing advisory services to US funds for ten years.
May 18, 2022 -
686AML / KYCUS SEC, DOJ File Fraud Charges Over $62mn Crypto Fraud
MCC International Corp and its founders were charged for selling fraudulent investment plans that promised daily returns from crypto mining and robotic trading.
May 11, 2022 -
543AML / KYCBSP Sanctions BDO, UBP Over Unauthorised Bank Transfers
The BSP said it has completed its investigation into the incident and sanctioned both BDO Unibank and UBP, but it did not specify the penalties.
May 4, 2022 -
477AML / KYCEU Set to Propose Sixth Sanctions Package Against Russia
The new measures include a possible phased-in embargo on buying Russian oil and EU sanctions against Sberbank, with Germany's backing.
May 4, 2022 -
418Enforcement
US Authorities File Charges Against Archegos, Key Executives
The DOJ, CFTC and SEC charged Archegos and four of its executives for defrauding banks and brokers and manipulating the prices of publicly traded securities.
April 28, 2022 -
472AML / KYCMan Jailed for Attempting to Help DPRK Evade Sanctions with Crypto
The DOJ says known hacker Virgil Griffith was developing crypto infrastructure in North Korea and attempting to broker introductions to service providers to facilitate sanctions evasion.
April 14, 2022 -
818AML / KYCNew York Court Convicts Ex-Goldman Exec in 1MDB Case
Following an eight-week trial, former Goldman Sachs managing director Roger Ng was convicted on charges of bribery and money laundering. He faces up to 30 years in prison.
April 11, 2022 -
553AML / KYCUS, German Authorities Target World’s Largest Darknet Market
OFAC has sanctioned Russia-based website Hydra Market and crypto exchange Garantex for facilitating transactions for ransomware actors.
April 8, 2022
