He Went to Prison for Crypto Crime. Now He’s an Advocate for Compliance.

Charlie Shrem, a co-founder of the defunct BitInstant, was one of the first bitcoin millionaires and one of the first to do time for crypto violations. Today he preaches compliance to startups.

• 2023-07-24
• Charlie Shrem Justice Department Southern District of New York compliance programs bitcoin exchange

US Prosecutors Accuse Engineer of Stealing Millions of Dollars in Crypto on DeFi Platform

(Bloomberg) -- US prosecutors charged a New York man with stealing millions of dollars in crypto after exploiting vulnerabilities on a decentralized finance or “DeFi” platform — the latest sign of increased willingness by authorities to wade into this corner of the digital-asset market to thwart alleged wrongdoing. Most Read from BloombergTurkey Agrees to Back Sweden’s NATO Bid in Boost to AlliancePoisoned Cough Syrup Killed Kids. Authorities Cut the Investigation ShortMicrosoft Cleared to Buy A

• 2023-07-12
• Bloomberg decentralized finance Shakeeb Ahmed Damian Williams smart contracts digital fingerprints Southern District of New York New York

DOJ charges Russian nationals with laundering bitcoin in 2011 Mt. Gox hack

The US Department of Justice announced today that it charged two Russian nationals for crimes related to the 2011 hacking of Mt. Gox, the now-defunct crypto exchange that was one of the world’s largest at the time. Alexey Bilyuchenko and Aleksandr Verner are accused in the Southern District of New York (SDNY) of laundering about 647,000 bitcoins connected to the heist. In addition, Bilyuchenko faces separate charges in the Northern District of California (NDCA) related to running the infamous Ru

• 2023-06-10
• Alexey Bilyuchenko Aleksandr Verner laundering Mt. Gox Russian nationals NDCA US Department of Justice crypto exchange SDNY offshore bank accounts Southern District of New York

Ripple’s XRP jumps 20% with crypto world hopeful of beating SEC in landmark court case

Ripple has been in a court battle with the SEC for more than two years.

• 2023-03-22
• XRP Analisa Torres Southern District of New York Supreme Court ruling

Dapper Labs Ruling Could Spell Trouble for Other Centralized NFT Projects, Experts Say

If Dapper Labs’ NBA Top Shots Moments are found to be securities, the company and its CEO could potentially face civil and criminal penalties for selling unregistered securities.

• 2023-02-24
• Dapper Labs Victor Marrero NFT Dapper Labs federal securities laws CoinDesk Southern District of New York NFT