On Wednesday, August 6, a Southern District of New York jury found Roman Storm, the founder of Tornado Cash, guilty of conspiracy to operate an unlicensed money-transmitting business in violation of Section 371 of Title 18 of...more
9/3/2025
/ Anti-Money Laundering ,
Bank Secrecy Act ,
Criminal Conspiracy ,
Cryptocurrency ,
Decentralized Finance (DeFi) ,
Department of Justice (DOJ) ,
Digital Assets ,
Ethereum ,
Licensing Rules ,
Money Laundering ,
Money Transmitter ,
Office of Foreign Assets Control (OFAC) ,
Popular ,
Sanctions ,
Securities and Exchange Commission (SEC) ,
U.S. Treasury
On May 23, 2025, the District Court for the Southern District of New York (SDNY) overturned a jury verdict against Mango Markets trader Avraham Eisenberg, granting a motion for judgment of acquittal based on venue...more
6/5/2025
/ Acquittals ,
Appeals ,
Criminal Convictions ,
Cryptoassets ,
Decentralized Finance (DeFi) ,
Evidence ,
Fraud ,
Jury Verdicts ,
Lack of Evidence ,
Market Manipulation ,
Popular ,
Venue ,
Wire Fraud
The Department of Justice's Criminal Division is "using more tools than ever before to identify corporate misconduct and to encourage companies to be good corporate citizens," according to Nicole Argentieri, Principal Deputy...more
10/9/2024
/ Artificial Intelligence ,
Chief Compliance Officers ,
Compliance ,
Compliance Monitoring ,
Corporate Misconduct ,
Department of Justice (DOJ) ,
Financial Institutions ,
Internal Controls ,
Know Your Customers ,
New Guidance ,
Risk Management
On April 15, 2024, the Department of Justice (DOJ) criminal division announced a new pilot program designed to reward individuals with non-prosecution agreements (NPAs) who voluntarily self-disclose "actionable, original...more
4/23/2024
/ Compliance ,
Cooperation ,
Corporate Misconduct ,
Department of Justice (DOJ) ,
Federal Pilot Programs ,
Non-Prosecution Agreements ,
Personal Liability ,
Self-Disclosure Requirements ,
Voluntary Disclosure ,
Whistleblower Protection Policies ,
White Collar Crimes