#department of justice

The U.S. Department of Justice has filed charges against Aleksei Andriunin, the 26-year-old Russian founder of Gotbit, alleging his involvement in a large-scale cryptocurrency market manipulation scheme. According to investigators, Gotbit provided services that artificially boosted trading volumes for tokens of various crypto companies, including some based in the U.S., with the intent to manipulate prices.

The U.S. Department of Justice (DOJ) and the Securities and Exchange Commission (SEC) have officially backed a group of investors in a class action lawsuit against Nvidia.

The U.S. Department of Justice is pushing for a three-year prison sentence and a $50 million fine for the former Binance CEO, Changpeng Zhao (CZ), due to violations of federal sanctions and anti-money laundering laws.

The U.S. Department of Justice has leveled charges against three American individuals for committing fraud through SIM card swaps. Bloomberg reports that among the companies affected was the cryptocurrency exchange FTX, which suffered a loss of over $400 million in client assets in the aftermath of its bankruptcy announcement.

The U.S. Department of Justice has announced that, with an official legal case launched against the founder of FTX, the government now has the authority to seize two private planes belonging to the billionaire.

The U.S. Department of Justice is escalating its legal fight against the founder of FTX, employing intimate writings from his ex-girlfriend Caroline Ellison, who once managed investment company Alameda Research. From October 2nd, the court will see evidence pulled from Caroline's personal documents. A notable inclusion is a list termed "Things Sam is Freaking Out About," pointing towards alleged financial misconduct at FTX. The case's evidence will also feature undisclosed recordings and messages from FTX insiders.

A federal judge ruled in favor of the U.S. Department of Justice, determining that Google spent billions to maintain its search monopoly, as reported by the Financial Times.

According to the Financial Times, the U.S. Department of Justice has launched an antitrust lawsuit against Apple. The lawsuit accuses the tech giant of leveraging its smartphone market dominance to stifle competition and limit choices for consumers.

Tether has executed a significant freeze of $225 million in assets, targeting an international crime ring involved in human trafficking. This strategic move was a result of a collaboration between Tether, the U.S. Department of Justice, and the cryptocurrency exchange OKX.

But officials are concerned about potential negative impacts on consumers, according to Semafor media. The fear is that an indictment could trigger a run on the exchange, leading to consumer losses and causing panic in the crypto markets, similar to what happened with FTX, which eventually went bankrupt. As a result, prosecutors are exploring alternative options such as fines and deferred or non-prosecution agreements.