ChainCatcher news, Habibur Rahman, a resident of East Ham in London, denied the charges of operating an unlicensed cryptocurrency ATM business and laundering money through cryptocurrency transactions. Rahman appeared at Medway Magistrates' Court and pleaded not guilty to the charges of running illegal machines without authorization from the Financial Conduct Authority (FCA).Rahman is accused of exchanging £300,000 of illegal cash into cryptocurrency between April 1 and June 16, 2022. This was discovered after Kent Police searched a shop in Chatham on April 28, 2023, and seized several cryptocurrency ATM machines during the raid.The case has now been transferred to Maidstone Crown Court, with the next hearing scheduled for November 7. Police stated that Rahman's involvement in cryptocurrency trading not only violated financial regulations but also involved money laundering. He was granted bail after appearing in court and will await further developments in the coming weeks.

ChainCatcher news, the U.S. Attorney's Office stated in a release that Indiana man Evan Light pleaded guilty on Monday to charges of conspiracy to commit wire fraud and conspiracy to commit money laundering, and stole cryptocurrency worth over $37 million from nearly 600 victims.Court documents show that in February 2022, Light was involved in a cyber intrusion that targeted an investment holding company located in Sioux Falls, South Dakota. The documents also allege that Light was accused of stealing personal information, which he then used to steal assets from hundreds of victims.The statement said, "Under Light's control, the stolen cryptocurrency was subsequently transferred around the world, including to multiple mixing services and gambling websites, to conceal his identity and hide the virtual currency."

ChainCatcher news, the Ontario Securities Commission (OSC) announced on May 15 that as part of a joint investigation into "Project Swan" by the Durham Regional Police Service (DRPS) and the Ontario Securities Commission, two Ontario residents have been charged with offenses under the Criminal Code of Canada. Aiden Pleterski, who calls himself the "King of Cryptocurrency," is accused of defrauding over 5,000 CAD and laundering the proceeds of crime. According to the Oshawa court, 25-year-old Pleterski faces these charges and was granted bail on Tuesday. His parents provided a $100,000 surety to ensure he complies with the bail conditions, which include surrendering his passport, avoiding contact with investors, not posting about financial matters on social media, and not buying or trading cryptocurrency. Colin Murphy is also charged with defrauding over $5,000. Pleterski was detained for a bail hearing, while Murphy was promised release.

ChainCatcher news, according to DL News, Tigran Gambaryan, the head of financial crime compliance at Binance, who was previously detained in Nigeria, pleaded not guilty to money laundering charges in court and was sent to prison awaiting trial.Gambaryan's lawyer argued that Gambaryan should not be held responsible for Binance's activities in African countries, as he had no decision-making power in the company's business operations.

ChainCatcher news, former SEC Internet Enforcement Director John Reed Stark tweeted that court documents show that the SEC opposes Binance's motion to dismiss. The comprehensive complaint is strong, convincing, and has factual and legal basis.At the same time, the legal documents recently submitted by the SEC indicate that Binance and its CEO Changpeng Zhao operated a securities trading platform in the U.S. without registration, violating Section 5 of the Securities Act. The SEC alleges that Binance provided and sold BNB tokens to U.S. investors through its employees and induced investors to purchase through cryptocurrency investment projects like BUSD, constituting unregistered investment contract sales. The SEC requests the court to deny Binance's motion, uphold the securities legal framework, and impose legal sanctions on the responsible parties.

ChainCatcher news, according to CoinDesk, Sam Bankman-Fried (SBF) pleaded not guilty to fraud and money laundering charges related to last year's FTX collapse during his court appearance on Tuesday. SBF was arraigned in the Southern District of New York, following a new indictment that accused him of using customer funds for various activities ranging from purchasing personal real estate to political donations. Prosecutors requested the court to order SBF's defense team to share more information regarding his proposed "advice of counsel" defense.