Tag: doj

OneCoin
March 22, 2023 BY Steffy Bogdanova

Crypto scam OneCoin’s head of compliance extradited and facing charges in the US

U.S. Attorney Damian Williams said: Irina Dilkinska, the supposed Head of Legal and Compliance for the OneCoin cryptocurrency pyramid scheme, accomplished the exact opposite of her job title and allegedly enabled OneCoin to launder millions of dollars of illegal proceeds through shell companies.  Dilkinska helped perpetuate a wide-ranging scheme with millions of victims and billions…

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OneCoin
December 19, 2022 BY Steffy Bogdanova

Crypto pyramid scheme OneCoin’s co-founder Karl Greenwood pleads guilty

US Attorney Damian Williams commented: As a founder and leader of OneCoin, Karl Sebastian Greenwood operated one of the largest international fraud schemes ever perpetrated.  Greenwood and his co-conspirators, including fugitive Ruja Ignatova, conned unsuspecting victims out of billions of dollars, claiming that OneCoin would be the ‘Bitcoin killer.’  In fact, OneCoins were entirely worthless. …

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bitmex investigation
February 25, 2022 BY Steffy Bogdanova

BitMEX founders Arthur Hayes, Ben Delo plead guilty to defying AML rules

US Attorney Damian Williams said: As cryptocurrencies and technologies designed to facilitate their trade proliferate, companies engaged in the virtual currency economy have become critical gatekeepers in efforts to ensure that U.S. markets are fair, efficient, and secure. The opportunities and advantages of operating in the United States are legion, but they carry with them…

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bitmex investigation
October 09, 2020 BY Steffy Bogdanova

BitMex announce leadership changes following criminal charges

Ben Radclyffe, who serves as commercial director, will have enhanced responsibility for client relationship handling and oversight of financial products. With 20-year background in finance and trading technology, he joined the company in March 2020, having worked at Deutsche Bank, UBS and Tower Research Capital. David Wong, Chairman of 100x Group, commented: These changes to…

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October 10, 2016 BY Valentina Kirilova

Deutsche Bank shares plunge after no deal reached with the U.S. Department of Justice

Deutsche Bank (DBKGn.DE) shares fell more than 3% early Monday after Chief Executive John Cryan failed to secure a speedy deal with the U.S. Department of Justice (DoJ) at the weekend over the misselling of mortgage-backed securities. Cryan was attending the International Monetary Fund and World Bank's autumn meetings in Washington, hoping that he might personally negotiate down…

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July 27, 2016 BY Valentina Kirilova

Deutsche Bank to negotiate with DoJ over mortgage probe

Deutsche Bank had begun settlement talks with the US Department of Justice over its probe into the German bank’s origination and securitisation of mortgage-backed securities, as it posted a slump in second-quarter profits. John Cryan, chief executive, has made clear that he wants to resolve Deutsche Bank’s big outstanding legal cases quick. Deutsche Bank had…

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July 20, 2016 BY Mike Fox

HSBC Forex head arrested in New York; first person to be charged in DoJ's FX probes

Bank Forex executive Mark Johnson, HSBC's global head of foreign exchange cash trading in London has reportedly been arrested at New York's John F. Kennedy airport, charged with front-running customer orders. According to press reports, Mr. Johnson has become the first person to be charged in the Justice Department's three-year probe into forex rigging at global banks. He…

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