The U.S. Department of Justice has reportedly moved to dismiss its criminal case against the founder of BitClub Network despite allegations that the crypto mining scheme defrauded investors of $722 million. According to a report by Bloomberg Law, citing two…

DOJ charges inmate Rossen Iossifov over an alleged $290,000 crypto theft involving forfeited funds, exchanges and mixing services.

DOJ reportedly warned staff Binance may require formal legal steps for freezes, while Binance denied any cooperation change in U.S. probes.