Crypto CEO Banned After $4.7B Crash
Celsius founder Alexander Mashinsky, responsible for the $4.7 billion 2022 crypto crash, is banned from crypto as part of a $10 million FTC settlement while serving a 12-year sentence.
Department of Justice
Bitcoin Ponzi Scheme CEO Sentenced 20 Years
Ramil Ventura Palafox, CEO of Praetorian Group International, sentenced to 20 years for a $200M Ponzi scheme involving over 90,000 investors misled about bitcoin investments. #Breaking #Legal $BTC
Fraud Charges: Atlanta Man Faces Millions
US authorities charged Ian Patrick Jackson for allegedly orchestrating a $3.39M COVID-19 relief loan fraud scheme involving 15 fraudulent applications. #Breaking #Legal (+9) ↗
Bitcoin Value Soars: DOJ’s Missed Billions
The US government would have $16.634 billion more in Bitcoin if the DOJ had retained its BTC holdings, says David Sacks. #Update #Crypto $BTC (-4) ↘
TRUMP Memecoin Faces DOJ Investigation Request
DailyHodl: A progressive think tank urges the U.S. Department of Justice to investigate President Trump’s TRUMP memecoin for potential anti-bribery law violations. #Breaking #Legal $TRUMP (-8) ↘