Investigation News

On Nov. 19, Coinsquare had to temporarily shut down operations to investigate an unusual activity on its platform.

The decision to freeze Shin’s asset worth over $104 million was approved by the Seoul Southern District Court, which was based on a request from the prosecutors.

A fresh bankruptcy filing from FTX chief restructuring officer John Ray III highlights that Sam Bankman-Fried received $1 billion in loans from FTX-related silo companies.

“There is no sugarcoating it: the FTX collapse has been a dumpster fire,” said House Financial Services Committee ranking member Patrick McHenry.

Binance’s Investigations and Intelligence team plays a role in helping global law enforcement agencies identify and combat crypto-related crime.

Authorities in both countries are reportedly in conversation about whether to bring the former FTX CEO back to the United States.

The Turkish regulator joined the United States and the Bahamas in investigating the exchange's fall.

A source with knowledge of the investigations reportedly said New York authorities were looking into the collapse of FTX following the firm declaring bankruptcy on Nov. 11.

With one of the biggest crypto businesses falling overnight after getting caught misappropriating user funds, CZ believed the episode was devastating for the industry, which took away a lot of consumer confidence.

Over the past few days, major crypto exchanges, including Binance, OKX, Kucoin and Crypto.com, committed to sharing their proof of reserve to regain investor confidence.

The SEC issued the subpoena as part of the investigation, which demanded the influencers in question produce the required documents by Nov. 15, 2022.

Former FBI special agent BJ Kang has been onboarded with Binance.US to steer a new investigative unit aimed at finding and stopping illegal activity.

A source familiar with the matter said the SEC is looking into whether certain NFTs from Yuga Labs could be “more akin to stocks.”

The SEC argues that because ETH validators are concentrated more densely in the United States, ETH transactions are seen as taking place in the country.

Based on an independent investigation, Binance’s security team identified two suspects that may be responsible for orchestrating the virtual heist of $265,000 on KyberSwap.