Key Highlights Two Robinhood engineers, Hefu Chai and Huaisong Xiang, have been charged by the U.S. Department of Justice with commodities fraud and wire fraud for allegedly using confidential listing information to trade crypto perpetual futures on Hyperliquid. Prosecutors allege the defendants generated over $50,000 each by repeatedly trading tokens ahead of public Robinhood Crypto ...
DOJ Targets $61 Million in Crypto Tied to Iranian Oil Sales The U.S. Department of Justice has filed a civil forfeiture complaint seeking to seize approximately $61 million in cryptocurrency proceeds. The funds are allegedly linked to the sale of Iranian oil and were laundered through the crypto exchange Binance, according to the complaint. Alleged ...
Former NFL running back LeShon Johnson has been sentenced to five years in federal prison for operating a large-scale dogfighting enterprise, marking a dramatic fall from grace for the player whose professional career ended more than two decades ago. Federal Sentencing Details Johnson received a 60-month prison term followed by three years of supervised release ...
Malone Lam, a 22-year-old Miami resident originally from Singapore, pleaded guilty Tuesday to orchestrating one of the largest Bitcoin thefts in history. Lam admitted to serving as the ringleader of an international cybercrime group that stole 4,100 bitcoins — valued at over $230 million at the time of the theft — to finance an extravagant ...