Legal

US DOJ Obtains Legal Ownership of $400 Million Tied to Infamous Bitcoin Mixer Helix

Leave a Comment / Legal, Obtains / Nisha

The U.S. Department of Justice has seized over $400 million in crypto, cash, and real estate connected to the Helix Bitcoin Mixer. The U.S. Department of Justice (DOJ) has officially seized more than $400 million in cryptocurrencies, real estate, and cash linked to the Helix Bitcoin Mixer. The forfeiture was finalized in late January 2026, […]

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Ripple’s Legal Chief Blasts SEC for Using ‘Fabricated’ Term in Crypto Cases

Leave a Comment / Legal, Ripple’s / azlan90

The Chief Legal Officer at Ripple Stuart Alderoty has publicly criticized the U.S. Securities and Exchange Commission (SEC) over its use of the phrase “crypto asset security.” In a post published on his official X account, the lawyer argued that the term is a made-up concept that has no legitimate grounding. Lawyer, Court, Call Out

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FTX’s Legal Labyrinth: S&C Scrutinized Over Past Ties and Fraud Claims

Leave a Comment / FTX’s, Legal / Admin

Last updated: February 18, 2024 11:00 EST | 2 min read Source: blackday/AdobeFTX creditors have filed a class-action lawsuit against the law firm overseeing the exchange’s bankruptcy, Sullivan & Cromwell (S&C). The creditors allege that S&C actively participated in FTX Group’s multibillion-dollar fraud and benefited financially from it. According to court filings on February 16,

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Bitcoin as Legal Tender: El Salvador’s Risky Financial Maneuver Struggles to Pay Off

Leave a Comment / Bitcoin, Legal / Avery Clarkson

El Salvador Bitcoin. Source: RawBeautyPixels/Adobe More than two years after implementing Bitcoin (BTC) as legal tender, El Salvador’s big crypto bet is still struggling to bear fruit. That includes the government’s own BTC investments, which still appear to be underwater due to the president’s ill-timed buys. According to the Nayib Bukele Portfolio Tracker website, the

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OneCoin’s Head of Legal and Compliance Pleads Guilty To Wire Fraud and Money Laundering Charges

Leave a Comment / Legal, OneCoin’s / Avery Clarkson

Source: Pixabay OneCoin’s legal chief pleaded guilty to money laundering and wire fraud charges, according to a statement released today from the U.S. Attorney’s Office for the Southern District of New York. Bulgarian national Irina Dilkinska, 42, faces up to 10 years in prison for her role in OneCoin’s notorious crypto fraud scheme. In a

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