jakiro
Organization: Bitchain Vision Realm
Since last year, the US law enforcement agencies have continued to play with companies and practitioners in the field of crypto. Professor of Law School of Rogers University said that this may be the result of a comprehensive role of various factors: First, the scale of cryptocurrency projects expands, illegal illegal illegalThe income also increased.Second, law enforcement agencies hope to motivate the compliant development of the encryption industry.
The founder of Binance Zhao Changpeng (CZ)
The founder of Binance Zhao Changpeng (CZ)
In the early morning of May 1, 2024, Zhao Changpeng accepted a verdict in the Federal District Court of Western Western Western District.The CZ case judge rejected the 36 -month sentence recommended by the Ministry of Justice and officially announced that the CZ imprisonment period was 4 months.The judge said that after this painful lesson, I believe that CZ has the ability and willingness to change the new.
CZ issued a post on a social platform and responded to the four -month imprisonment.CZ expressed his gratitude to everyone in the post. Whether it is a letter, support on the X platform, or other forms, these have made him deeply encouraged and maintained.He stated that he would serve the end of the sentence, end this stage, and focus on the next chapter (education) in life.
In addition, CZ stated that he would continue to be a passive investor (and holder) of cryptocurrencies.He pointed out that our industry has entered a new stage and compliance is very important.CZ also mentioned that the front line of the entire process is that Binance has always been under a microscope, and the funds are SAFU (that is, safe).In the end, he emphasized that protecting users is crucial.
In November 2023, he pleaded guilty to violating the “Bank Confidential Law” for failing to maintain an effective anti -money laundering procedure.
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Bitcoin Jesus (Roger Ver)
Bitcoin Early Investor Roger Ver
On May 1, 2024, Beijing time, the early Bitcoin investor Roger Ver was accused of suspected email fraud, tax evasion and submission of false tax declarations.Roger Ver was arrested in Spain for criminal charges this week.The United States will seek to extradite Rogerver to the United States for trial.The Ministry of Justice believes that Roger Ver has caused a total of at least 48 million US dollars to the National Taxation Bureau.
It is reported that Roger Ver lives in San Clara, California, with Memory Dealers.com Inc. and Agilestar.com Inc. to sell computers and network devices.Since 2011, Roger Ver has begun to acquire Bitcoin for himself and his company. Its personality is enthusiastic about promoting Bitcoin and even the nickname of “Bitcoin Jesus”.Roger Ver abandoned US citizenship on February 4, 2014. After moving abroad, US law requested Roger Ver to submit a tax declaration form to report the capital income obtained by its global assets (including Bitcoin).It is required to pay taxes on these capitals.
Consensys
Consensys Ceo Joseph Lubin
On April 26, the United States SEC issued Wels notification to Consensys, accusing Metamask operating as an unlicensed broker.On the same day, Consensys sued SEC, saying: “The US Securities and Exchange Commission illegally seizes ETH’s power and will bring disasters to Ethereum network and Consensys.” SEC’s violation of Ethereum’s violations violate its past statement, that is, cryptocurrencies are the cryptocurrencies.A commodity, not a securities (quoted the 2018 speech of the former director Bill Hinman), also violated the authority of the SEC’s sister regulatory agency commodity futures trading committee (CFTC) for Ethereum.
On April 10, 2024, Consensys received SEC’s Wells notification, indicating that it intends to adopt law enforcement operations against the company’s violation of the securities law through its Metamask wallet products.Consensys denied that he was a broker and said that the wallet was “simple and interface”.
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“Consensys sued SEC to categor Ethereum as securities”
TRON founder Sun Yuchen
TRON founder Sun Yuchen
On April 17, 2024, the SEC amended a lawsuit against Sun Yuchen, saying that he had frequently traveled in the United States in many places, so that the court had corresponding jurisdiction.
SEC claims that Sun Yuchen’s business trips in the United States for more than 380 days in the United States between 2017 and 2019, including Boston and San Francisco in New York City, Massachusetts and Massachusetts.
SEC claims that Sun Yuchen and his enterprise sell unregistered securities through the wave field TRX token and BitTorrent (BTT) tokens, and said that Sun Yuchen participated in the “manipulation of manipulation transactions”.
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“SEC: Sun Yuchen” to “frequently go to” the United States has judicial jurisdictions “
Uniswap
Uniswap founder Hayden Adams
On April 11, 2024, UNISWAP received the SEC Wells Notice, and the founder Hayden Adams responded to fighting to the end.
Hayden Adams, founder of Uniswap Labs.”I’m not surprised. It’s just angry, disappointed, and ready to fight. This struggle will last for several years and may always appeal to the Supreme Court.”
Uniswap did not disclose the specific content notified by Wells, but in a blog post on the notice, it claimed that UNI was not a securities or in line with the United States’ legal definition of stock exchanges or agents.
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“Uniswap team vowed to fight the SEC threatening UNI price plunge 10%”
TerraForm Labs founder Dokwon
TerraForm Labs founder Dokwon
On April 5, 2024, jury jury in the South District Court of New York in the United States ruled that Terraform Labs and Dokwon were responsible for fraud in crypto asset securities.
In a document submitted to the District Court of New York in the United States on April 19, the SEC requested Kwon and TerraForm to pay about 4.7 billion US dollars of interest before the decision of civil cases, and a total of $ 520 million in civil fines -a total of $ 520 million ——Teraform pays $ 420 million and Kwon pays $ 100 million.The committee, Terraform, and Kwon submitted a briefing of possible remedial measures in civil cases. The encrypted company believes that the highest civil fine is 3.5 million US dollars, while Kwon only believes that the fine is 800,000 US dollars.
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“The US SEC requires Terraform Labs and Do Kwon to pay a $ 5.3 billion fine”
“DO KWON’s huge fines indicate that SEC is increasing the punishment for encryption companies”
Former CEO SAM Bankman-FRied (SBF)
Former CEO SAM Bankman-FRied (SBF)
On March 28, 2024, SBF was sentenced to 25 years in New York for 25 years in New York for fraud.SBF was also fined $ 11 billion, including the confiscation of assets such as the sale of private planes.
The U.S. Department of Justice said that SBF should be severely punished because the FTX, which had been valued at $ 32 billion, almost lost all funds due to his malfeasance.During the trial, the prosecutor said that SBF stole $ 8 billion in customer funds for funding risk investment, real estate purchase, and political donation.
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“SBF has been sentenced to 25 years of imprisonment case to review the full view”
Ripple
Ripple CEO Brad Garlinghouse
On March 25, 2024, the SEC plan asked the judge to impose a fine of $ 2 billion in Ripple Labs.
On April 22, in a court document submitted by Ripple Labs, Ripple Labs refuted the US Securities and Exchange Commission requesting the company to pay a fine of nearly $ 2 billion.
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“The US SEC plan requires the judge to impose a fine of 2 billion U.S. dollars on Ripple Labs”
“Ripple filed an opposition to the US $ 2 billion fine for the US SEC”
Three Arrow Capital, Blockfi
San Arrow Capital Co -founder SU ZHU
On February 6, 2024, Michael Kaplan, the judge of the New Jersey Court of Debacse, approved the settlement agreement between the two companies to prevent further legal disputes.
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“Three Arrow Capital and Blockfi Calling Agreement has been approved by the US judge”
Kraken
Kraken co -founder Jesse Powell
On November 20, 2023, SEC accused the cryptocurrency exchange Kraken mixed with customers and company funds when operating as an unregistered agent, clearing agency and dealers.
The federal regulatory agency claims that the company headquartered in San Francisco repeated a lawsuit against other cryptocurrency trading platforms and violated the Federal Securities Law.
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“KRAKEN was accused of unregistered platforms by SEC, and inappropriate mixed customer funds”
Gemini, Genesis, DCG
GeNESIS Former CEO Michael Moro
In October 2023, the chief prosecutor of New York launched a “comprehensive lawsuit” for Digital Money Group, DCG CEO Barry Silbert, GENESIS CEO Michael Moro, Gemini, and Genesis.He was accused of more than 230,000 investors, of which at least 29,000 New Yorkers had a amount of more than $ 1 billion.
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CELSIUS, CELSIUS CEO Alex Mashinsky
Ceelsius Former CEO Alex Mashinsky
On July 14, 2023, Celsius and its former CEO Alex MashIinsky were charged by SEC, the US Department of Justice, the American Commodity Futures Commission and the Federal Trade Commission.At the same time, Alex Mashinsky was arrested.
On June 13, 2022, Celsius suspended all accounts’ withdrawal, transactions and transfer.After that, CELSIUS stabilized liquidity and operation, and said that he would explore the possibility of seeking strategic transactions and liabilities.In mid -July 2022, Celsius applied for bankruptcy for all stakeholders to maximize value.
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“Celsius is accused of allegations to sort out the allegations of the law”
Coinbase
Coinbase CEO Brian Armstrong
On June 6, 2023, SEC accused Coinbase operated as an unregistered exchange.
SEC believes that Coinbase violates the contents of the trading law and the Securities Law for violating the series of “unregistered” behaviors.Coinbase believes that the current digital asset industry rules are incomplete, and the behavior of SEC is actually harming US economic competitiveness.
Binance
On June 5, 2023, SEC put forward 13 allegations to Binance entities and its founder Zhao Changpeng.
Binance is required to appoint an independent compliance supervisor to report its compliance work to the US government; the Ministry of Finance will retain the access authority of the monarchs, records and systems within five years;Fined $ 1.5 million.
Binance’s total fines were $ 4,316,126,163, including US $ 3.4 billion from the US Treasury Fincen (Financial Crime Law Enforcement Bureau) and US $ 968 million from OFAC (foreign asset control office).
“Against the United States Judiciary and Binance”
Geosyn,Geosyn CEOCaleb Joseph Ward and former Coo Jeremy George McNutt
In 2022, Ward (left) and McNutt (right) were located in Geosyn in Springontun, Texas.
The US Securities and Exchange Commission filed a lawsuit in the Federal Court of Voggori, Texas on April 24, claiming that Geosyn, Caleb Joseph Ward, and former operating chief executive Jeremy George McNutt Jeremy George McNutt, from November 2021, 1222, 1222.During the month, about 64 investors were deceived by a service agreement sold in the form of securities.
SEC also claims that Ward and MCNutt have misappropriated about $ 1.2 million in investors’ funds for personal use, such as catering, nightclubs, vacations, guns, watches and legal costs.The company’s credit card was used in the Svegas Night Club Wedding.In addition, it also includes the celebration of Ward and the Disney World Tour of $ 49,000.
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“The US SEC sued Bitcoin miner Geosyn has accused its founder of $ 5.6 million to fraud”
