News & Analysis as of September 25, 2024

Department of Justice (DOJ)

+ Follow

Virtual Currency (aka Digital Currency or Digital Money) is a type of currency or medium of exchange that is not issued by any government nor guaranteed by a government currency. Despite lacking legal tender status, Virtual Currency is still traded and exchanged in some environments, typically online environments or communities. Bitcoin is the most well-known form of Virtual Currency. less -

DOJ Targeting Crypto Industry for Enforcement

The Volkov Law Group on 8/15/2022

A basic truism — you do not want to become the subject of a Justice Department investigation. The wheels of justice — prosecutors and law enforcement — can cause real harm to organizations and individuals that violate the...more

DOJ Charges Six Individuals with NFT Fraud

Sheppard Mullin Richter & Hampton LLP on 7/22/2022

On June 30, the DOJ charged six individuals in four separate cases for a fraudulent NFT trading scheme. The first case alleged that an individual committed wire fraud and engaged in a conspiracy to commit international...more

Blockchain Week in Review - March 2022

Perkins Coie on 3/18/2022

...Treasury Releases National Risk Assessments - The U.S. Department of the Treasury (Treasury) issued the 2022 National Risk Assessments (NRAs) on (1) money laundering, (2) terrorist financing, and (3) proliferation...more

Your daily dose of financial news - The Brief – 9.21.16

Robins Kaplan LLP on 9/21/2016

Testifying before the Senate Banking Committee yesterday, Wells Fargo CEO John Stumpf admitted that the illegal sham-account-creation activity at the heart of its recent SEC fine may have begun earlier than first reported....more

Recent Key Bitcoin and Virtual Currency Regulatory and Law Enforcement Developments

Katten Muchin Rosenman LLP on 11/14/2014

In recent months, US federal and state regulators have continued to focus on Bitcoin and the adoption of a regulatory framework for it and other "virtual currencies," as well as the enforcement of existing securities laws to...more

5 Results

View per page