The US Justice Department is now reportedly seeking an 18-month prison sentence for Zhao, the maximum suggested under federal guidelines

Regulators like the SEC and Commodity Futures Trading Commission have targeted the crypto sector amid concerns of rampant fraud, and use of digital assets for money laundering and funding of terrorism

Analytics firms say Hamas militants received millions in crypto payments prior to the surprise attack on Israel; hundreds of digital wallets connected to the terror group have since been shut down

It’s alleged that false advertising and unlawful means were used to lure victims to open accounts and make investments on JPEX

Ten foreigners, including a number from China, have been arrested and charged and luxury real estate, cryptocurrencies and cars seized

The world's largest crypto exchange withdrew from mainland China in 2017 during a regulatory crackdown, but the country is allegedly still the biggest source of its trading, a new report says

Cybersecurity experts said the government-backed "Labyrinth Chollima” hackers squad was responsible for the digital cash theft attempt

Police discovered the ring when one gambler sought help saying “please help me, I am gambling on my mobile phone and my family is going to be ruined”

A series of positive regulatory and investment developments has shifted the outlook for crypto; Ripple soars after a US judge said it could be legally sold on public exchanges

Insiders and analysts say Pan Gongsheng is known as a risk averse financial technocrat, who played a key role in crackdowns on perceived threats over the past decade

Yellen is expected to discuss cooperation on climate change and global debt distress, plus concerns about China's anti-espionage law in talks with senior finance officials in Beijing this week

Korean crypto promoter was arrested with a colleague in March but faces another month in custody, however where the pair will end up after that is uncertain