Tag Archives: doj

DOJ Seizes Huione Cloud Backbone In Crypto Scam Money-Laundering Crackdown

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TL;DR The U.S. Justice Department says it seized backend cloud infrastructure tied to Huione Group money-laundering services. Authorities linked the infrastructure to a broader ecosystem of scam payments, laundering and cybercrime activity. The action is a reminder that crypto enforcement is increasingly targeting infrastructure, not only wallets and exchanges. U.S. Authorities Target The Infrastructure Layer… Continue reading DOJ Seizes Huione Cloud Backbone In Crypto Scam Money-Laundering Crackdown→

HyperFund Promoter Pleads Guilty In $1.8B Crypto Fraud Case

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Rodney Burton, a Miami man known online as “Bitcoin Rodney,” has pleaded guilty to a conspiracy charge connected to the HyperFund cryptocurrency fraud scheme, according to the US Department of Justice. TL;DR The DOJ says Rodney Burton pleaded guilty to conspiracy connected to HyperFund. Authorities have described HyperFund as a $1.8 billion cryptocurrency fraud scheme.… Continue reading HyperFund Promoter Pleads Guilty In $1.8B Crypto Fraud Case→

CEO Behind $4.7 Billion Crash Banned From Crypto, But How Will This Work?

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Celsius founder Alexander Mashinsky, who was responsible for the $4.7 billion 2022 crypto crash, has been banned from crypto. This forms part of a $10 million settlement with the Federal Trade Commission (FTC) while the crypto founder continues to serve a 12-year sentence.  Celsius Founder Banned From Crypto As Part of $10 Million FTC Settlement … Continue reading CEO Behind $4.7 Billion Crash Banned From Crypto, But How Will This Work?→

Bitcoin Rally Reflects Buyer Conviction On Coinbase Spot Markets, Bull Run Back On?

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The recent Bitcoin rally may be driven by real spot demand on Coinbase. Data indicating elevated spot activity on Coinbase suggests that this move higher is bolstered by direct purchases rather than leveraged positioning in derivatives markets. This distinction matters because Spot buying reflects a real capital commitment, not a temporary bet. Why Risk Management… Continue reading Bitcoin Rally Reflects Buyer Conviction On Coinbase Spot Markets, Bull Run Back On?→

Turbo Team Selling After The AI Meme Coin Flies To New All-Time High: Time To Exit?

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Turbo is trending at around all-time highs. The upswing started in mid-September and initiated a move up that saw the AI meme coin break above local resistances, which is now supported and propelling valuation to record highs. At press time, TURBO is changing hands at $0.010 but is down nearly 20% from this week’s highs.… Continue reading Turbo Team Selling After The AI Meme Coin Flies To New All-Time High: Time To Exit?→