Track crypto crime news, investigations, arrests, laundering cases, sanctions breaches, and law enforcement activity across digital assets.
Hong Kong's SFC is being criticized for alerting the public late about the platform.
Oluwapelumi Adejumo 2 min read 
The prosecutors argued that their decision to allow CZ to remain free until his sentencing does not mean that he poses no flight risk.
Sam Bankman-Fried is reportedly faring well in the Metropolitan Detention Center.
A second $968 million fine was also described as OFAC's largest settlement.
CZ will pay a $50 million fine; he likely faces up to 18 months in prison.
Judge Kaplan approves extension for Bankman-Fried's post-trial motion filings, signaling intricate legal maneuvers ahead.
Zhong Shi Gao, Naifeng Xu, and Fei Jiang are accused of scamming New York banks out of millions of dollars and sending the proceed to overseas crypto exchanges.
GS Partners faces a regulatory crackdown over a metaverse skyscraper investment scam and a fraudulent staking scheme.
Kwon and an associate, Han Chang-joon, were both previously convicted and sentenced to four months in prison.
