Category: Law of the Chain
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Double Blow: US Hits DPRK Cyber Ops, Charges OmegaPro Founders in Global Scam
The US sanctioned a North Korean cyber actor and charged OmegaPro founders in a $650M scam. OFAC targeted DPRK IT workers generating illicit revenue, while DOJ cracked down on crypto fraud.
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BlockFi, DOJ close the book on $35 mln dispute – Details inside
BlockFi settles $35M dispute with DOJ over seized crypto assets, ending a legal battle tied to Estonian nationals. The case highlights regulatory scrutiny in crypto and BlockFi’s bankruptcy aftermath.
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BlockFi Administrator And DOJ Strike Deal To Terminate $35 Million Lawsuit — Details
BlockFi’s administrator and the DOJ settled a $35M lawsuit over asset transfers tied to Estonian fraud. The case, linked to FTX’s collapse, was dismissed with prejudice, ending legal disputes.
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Urgent appeal to help defend Tornado Cash’s Roman Storm and the right to financial privacy
Tornado Cash co-founder Roman Storm seeks $2M in legal funds ahead of his trial, arguing his case impacts financial privacy and open-source development rights in the crypto space.
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Europe’s Crypto Map Shifts: MiCA Spurs 14 Stablecoin Issuers, 39 CASPs, and Counting
Europe’s MiCA regulation has authorized 14 stablecoin issuers and 39 CASPs across the EU, reshaping crypto compliance. The market expects growth, with 10,000 firms facing regulatory changes and stablecoins projected to rise 35%.
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$803,000 Drained From Elderly Victim’s Account in Check Fraud Scheme – Mastermind Faces up to 30 Years Behind Bars: DOJ – The Daily Hodl
Michel Duarte Suarez pleaded guilty to stealing $803,000 from an elderly victim via check fraud. The Cuban national faces up to 30 years in prison, with sentencing set for September 2025.
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SECMCA Proposes Central American Peso Stablecoin to Slash Costs and Unify Regional Finance News ETHNews
SECMCA proposes a Central American Peso stablecoin ($CA) to reduce transaction costs and enhance regional financial stability, leveraging blockchain technology for cross-border efficiency.
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JPMorgan Chase To Start Charging PayPal, Venmo, Coinbase and Others for Customer Account Data After Years of Free Access: Report – The Daily Hodl
JPMorgan Chase will start charging fintech firms like PayPal, Venmo, and Coinbase for access to customer account data, ending years of free access to boost revenue and security.
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Bank Insider Allegedly Obtains Customers’ Debit Card PINs, Drains $440,000 From Their Accounts in Just Two Months: DOJ – The Daily Hodl
A bank associate allegedly stole $440,000 from customers by obtaining their debit card PINs and draining accounts over two months, facing embezzlement and fraud charges.
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Binance Co-Founder To Sue Bloomberg Again? CZ Refutes Trump Stablecoin Claims | Bitcoinist.com
Binance co-founder CZ denies Bloomberg’s claims linking him to a Trump-associated stablecoin, threatening legal action for defamation amid ongoing media scrutiny.
