CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

doj

Policy

Do Kwon Now Faces Criminal Fraud Charges From U.S. Prosecutors

Federal prosecutors filed criminal fraud charges against the Terraform Labs founder, who already faced civil charges in the U.S. and was arrested earlier Thursday.

By Nikhilesh De

Mar 23, 2023 at 9:41 p.m. UTC

Mar 23, 2023

regulationsDo KwonTerraterraform labsUSDOJSEC

Policy

Onecoin

Bulgarian Woman Charged in $4B Crypto Fraud Case, Extradited to U.S.

Irina Dilkinska co-founded an alleged Pyramid scheme called OneCoin.

By Jamie Crawley

Mar 21, 2023 at 4:48 p.m. UTC

Mar 21, 2023

OneCoinBulgariaCrimeDOJC.R.E.A.M. Finance

New York headquarters of Credit Suisse on March 15, 2023. (Spencer Platt/Getty Images)

Consensus Magazine

Opinion

Credit Suisse’s Buyout Shows Banks Still Have a Banking Problem

Bitcoin and crypto aren't unraveling the banks.

By George Kaloudis

Mar 20, 2023 at 3:44 p.m. UTC

Mar 20, 2023

OpinionNewslettersThe NodeCredit SuisseUBSSwiss National BankSaudi ArabiaDOJBitcoinBankingBailoutsCrypto

Brian Brooks: ‘My View About Navigating the US Waters Is a Little Bit Different From CZ's’

Policy

Bitfury

Brian Brooks: U.S. Government Using Crisis to Choke Off Crypto Access to Banks

The former acting head of the OCC said federal regulators are working together to keep crypto assets out of the U.S. banking system.

By Fran Velasquez

Mar 15, 2023 at 7:46 p.m. UTC

Mar 15, 2023

BitFuryOCCFDICDOJPolicyBrian BrooksCoinDesk TVRegulationSilvergateSilicon valley bankSignature BankUS Bancorp

After Silicon Valley Bank's Failure, Regional Banks Face Greater Scrutiny (Spencer Platt/Getty Images)

Policy

Signature bank

U.S. DOJ Was Investigating Signature Bank's Work With Crypto Clients: Bloomberg

Prosecutors were looking at the crypto-friendly bank before regulators seized it, people familiar told Bloomberg.

By Greg Ahlstrand

Mar 15, 2023 at 2:13 a.m. UTC

Mar 15, 2023

Signature BankDOJFDICInvestigationPolicy

Policy

Voyager digital

U.S. Justice Dept. Appeals New York Judge’s Decision to Approve Voyager’s Sale to Binance.US

The appeal comes just one day after Judge Michael Wiles gave Voyager Digital the go-ahead to sell its assets to Binance.US.

By Cheyenne Ligon

Mar 10, 2023 at 5:41 a.m. UTC

Mar 10, 2023

Voyager DigitalBinance USBinancePolicyBankruptcyDOJUS

CDCROP: A US Department of Justice seal is displayed on a podium during a news conference (Ramin Talaie/Getty Images)

Policy

Regulations

Forsage Founders Indicted for $340M Ponzi Scheme Masquerading as DeFi Platform

Company relied on smart contracts whose coding is consistent with a Ponzi scheme, the U.S. Justice Department says.

By Nick Baker

Feb 22, 2023 at 11:45 p.m. UTC

Feb 22, 2023

regulationsDeFiPonziDOJUS

Policy

Regulations

SEC Case Against Bankman-Fried Postponed Pending Criminal Trial

Charges can wait until the Department of Justice’s case against the FTX founder concludes, a judge said.

By Jack Schickler

Feb 14, 2023 at 10:06 a.m. UTC

Feb 14, 2023

regulationsUSFTXSBFDOJSEC

U.S. Securities and Exchange Chairman Gary Gensler

Policy

Regulation

Are the Remaining Crypto Giants Staring Down the Barrel of the US Government’s Gun?

Insiders, experts and the rhetoric of officials suggest a reckoning with the government is inevitable for the big exchanges, and this week’s action against Kraken could be just the beginning.

By Jesse Hamilton

Feb 10, 2023 at 3:54 p.m. UTC

Feb 10, 2023