U.S. DOJ Pursues North Korea’s Illicit Money Machine, Seizes More Crypto

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Crypto News

The U.S. Department of Justice rounded up several convictions in its pursuit of domestic helpers in schemes by the Democratic People’s Republic of Korea to pocket large amounts of cryptocurrency, and it also seized assets from cyber heists targeting crypto platforms, the department said in a Friday statement. The five guilty pleas announced by the […]

DOJ Ties Kansas Bank Collapse to $225 Million ‘Pig Butchering’ Seizure

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Crypto News

A Kansas banker who looted millions from his small-town bank in 2023, which triggered its collapse, lost much of the money to overseas crypto scammers targeted in a record-breaking DOJ bust, according to a complaint filed Wednesday. Prosecutors have filed a civil forfeiture action targeting over $225 million in laundered USDT, part of a butchering […]