Do Kwon, Terraform Labs founder, appeared in US court denying federal fraud charges. He's linked to TerraUSD's collapse. Both US and South Korea seek prison for Kwon. Despite the serious charges, he seemed calm in court. His past legal challenges included extradition battles and settling certain charges with the SEC.
The US Justice Department announced an $800m crackdown on Russian money laundering, charging two nationals and seizing crypto exchange domains.
The FBI in North Carolina recovers $5 million in Tether from a ‘pig-butchering’ investment fraud. The US Justice Department acknowledges Tether's assistance in the case.
The US Justice Department has charged two foreign individuals for laundering money using cryptocurrency from 'pig-butchering' fraud schemes via shell companies.
