Jan 30 2024
Horst Jicha, 64, founder and CEO of USI Tech, is alleged to have defrauded investors of approximately US$150 million. He departed the U.S. in early 2018 and did not return until December 2023 when he attempted to go on vacation in Miami, Florida, where he was promptly arrested. According to the indictment, USI tech advertised …
Jan 30 2024
Florida and Alaska authorities have instructed Binance.US to cease its services in the regions. The move follows the guilty plea of Changpeng Zhao (CZ), founder and former CEO of crypto exchange Binance, in November 2023. CZ pleaded guilty to failing to implement a strong anti-money laundering (AML) program on the platform, accepting to pay a …