| Mobile Web

Search results for U.S. Justice Department

Crypto

U.S., UK launch joint cooperation targeting crypto scam centres

The United States and Britain have launched their first joint law enforcement cooperation framework targeting overseas centres running cryptocurrency investment scams. U.S. federal prosecutors in Washington, the Crown Prosecution Service for England and Wales and Britain’s National Crime Agency signed a memorandum of understanding to pursue parallel investigations, share information and decide where to prosecute cases. Authorities say they have identified overlapping cases and plan an operation in London in early October with private companies.

Crypto

U.S. government sells Anthropic stakes held by FTX insiders, stays silent on proceeds

The U.S. government sold Anthropic stakes seized from Caroline Ellison and Nishad Singh, figures tied to the FTX collapse, to existing investors, but did not disclose the sale timing, buyers or price. It has not been decided whether the proceeds will go to compensate FTX victims or be retained by the government. Anthropic’s surging valuation has heightened interest in the sale, while lawyers and victims cite uncertainty over how much could reach victims.

Crypto

U.S. Senate Republicans unveil Clarity Act revision banning federal officials from issuing tokens

U.S. Senate Republicans unveiled a revision to the digital asset market structure bill known as the Clarity Act that includes an ethics provision banning the president and all federal officials from issuing or sponsoring tokens until 2029. The draft also restricts crypto platforms from listing assets issued or backed by federal officials. Enforcement would be handled by the Justice Department. The bill’s Senate prospects remain uncertain and would require some Democratic support.