DoJ
Judge Ends James Comey And Letitia James Federal Cases
Efforts by President Donald Trump to use the judicial system against his perceived enemies took a serious hit, as a federal judge dismissed separate cases against former FBI Director James Comey and New York Attorney General Letitia James. United States District Court Judge Cameron McGowan Currie made the ruling on Monday (Nov. 24), citing that […]
Former Snowboarder Ryan Wedding Named Cocaine Boss By FBI
Ryan Wedding is wanted by the FBI on drug trafficking charges connected to the former Olympic athlete's ties to the Sinaloa cartel.
Judge Slams DOJ For “Profound Missteps” In James Comey Case
A federal judge overseeing the Justice Department’s case against former FBI Director James Comey called out the largest DOJ for a “disturbing pattern of profound investigative missteps” in the process of securing an indictment. According to the Associated Press, Magistrate Judge William Fitzpatrick noted that the DOJ didn’t even provide defense lawyers with all the […]
DOJ Reveals Blocked Epstein Files Highly Damaging For Trump
Republicans in the House of Representatives are worried after learning from Department of Justice sources that files related to Jeffrey Epstein might be more harmful to President Trump than expected.
Trump Considers Ghislaine Maxwell Pardon After SCOTUS Denial?
President Donald Trump stated that he'd consider a pardon for Ghislaine Maxwell, shortly after her request to the Supreme Court was denied.
DOJ Suing Live Nation Entertainment Over Ticketmaster Monopoly
The Justice Department and a grouping of states are suing Live Nation Entertainment over TIcketmaster and their alleged monopoly.
SBF signs extradition papers, set to return to face charges in the US
Sam Bankman-Fried, the jailed founder of the FTX cryptocurrency exchange has reportedly signed papers on Dec. 20 that will soon see him handed over to Federal Bureau of Investigation (FBI) agents and flown to the United States to face criminal charges. The move was expected, as Bankman-Fried was reported to have agreed in principle to being extradited to the U.S. earlier this week on Dec. 19, despite earlier reports indicating he wanted to see the indictment against him fir ABC News reported the development that Bankman-Fried signed extradition papers on Dec. 20 citing The Bahamas’ acting commissioner of corrections Doan Cleare. A Dec. 21 report from Bloomberg said the exchange founder signed surrender documents on Dec. 20 citing Cleare, with another set of papers waiving h...
DOJ objects to Celsius plans to reopen withdrawals and sell stablecoins
The Department of Justice (DOJ) has submitted an objection to Celsius’ motion to reopen withdrawals for select customers and sell its stablecoin holdings. The DOJ is asserting that the state of Celsius’ financials are lacking transparency, and that key decisions like this should not be considered until the independent examiner report has been filed. The move by the DOJ adds to the objections filed last week by the Texas State Securities Board, the Texas Department of Banking, and the Vermont Department of Financial Regulation. All three are opposed to Celsius selling its stablecoin holdings, asserting there’s a risk the firm could use the capital to resume operating in violation of state laws. In a Sept. 30 filing with the Bankruptcy Court for the Southern District of New York, a U.S. Trus...
Terrible crypto trader gets 42 months for fraud, claiming he was a total gun
A crypto trader who defrauded over 170 people was sentenced to 42 months in prison on May 11 for operating a series of cryptocurrency funds claiming to make big returns but in reality were losing money and instead operated as a Ponzi scheme. The DOJ said that 25 year old Jeremy Spence had solicited millions through false representations, “including that Spence’s crypto trading had been extremely profitable when, in fact, Spence’s trading had been consistently unprofitable.” Spence, who operated the social media channels for a crypto investment scheme called “Coin Signals” was handed the decision by United Stated District Judge Lewis Kaplan for the U.S. District Court for the Southern District of New York. Spence was also sentenced to three years of supervised release and ordered to p...
Mining Capital Coin CEO accused of $62M investment fraud scheme
The CEO and co-founder of crypto mining and investment platform Mining Capital Coin (MCC) Luiz Capuci Jr. has been indicted by the Department of Justice (DOJ) for “allegedly orchestrating a $62 million global investment fraud scheme.” The DOJ is charging Capuci with conspiracy to commit wire fraud, conspiracy to commit securities fraud, and conspiracy to commit international money laundering in relation to several allegedly fraudulent schemes that were run via MCC. If found guilty, he faces a maximum prison sentence of 45 years. According to the DOJ’s indictment, Capuci (alongside unnamed co-conspirators) is accused of misleading investors over the profit-bearing potential of MCC mining packages and a native token dubbed Capital Coin that was backed by the “biggest cryptocurrency mining op...
New crypto litigation tracker highlights 300 cases from SafeMoon to Pepe the Frog
A new crypto litigation tracker from commercial law firm Morrison Cohen LLP shows details of more than 300 active and settled court cases since 2013. Morrison Cohen is a New York-based firm that caters to large financial institutions, entrepreneurs and early-growth stage companies, and specializes in capital markets, business litigation, real estate and bankruptcy to name a few. The company also has a cryptocurrency litigation team. The Morrison Cohen Cryptocurrency Litigation Tracker was published on May. 3, and contains any case development related to the U.S. Securities and Exchange Commission (SEC), Commodity Futures Trading Commission (CFTC), the Department of Justice (DOJ) and class action/private litigation. The firm stated that it will regularly update the tracker “ to include the ...
DOJ cracks down on ‘rug pulls’, charging Frosties NFT project founders
The Department of Justice (DOJ) has taken action against an alleged NFT rug pull, after it slapped the founders of the Frosties project with charges relating to fraud and money laundering. The two founders are accused of purposely concealing their identities to operate a rug pull on the Frosties community by failing to deliver on the project’s roadmap and “utility” which touted rewards for NFT hodlers, giveaways, access to a Metaverse game and exclusive access to future mints from the project. According to a March 24 release from the Attorney’s Office of the Southern District of New York, 20-year-olds Ethan Nguyen and Andre Llacuna were arrested in Los Angeles and both charged with one count of wire fraud and one count of conspiracy to commit money laundering in “connection with a million-...
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