A newly unsealed federal court opinion supports the DOJ's first criminal prosecution involving the use of crypto for sanctions evasion.
May 20, 2022Eddy Alexandre, the CEO of EminiFX, promised weekly returns would be generated through proprietary robo-advising technology.
May 19, 2022Allianz 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, 2022MCC International Corp and its founders were charged for selling fraudulent investment plans that promised daily returns from crypto mining and robotic trading.
May 11, 2022The 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, 2022The new measures include a possible phased-in embargo on buying Russian oil and EU sanctions against Sberbank, with Germany's backing.
May 4, 2022The 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, 2022The 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, 2022Following 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, 2022OFAC has sanctioned Russia-based website Hydra Market and crypto exchange Garantex for facilitating transactions for ransomware actors.
April 8, 2022