Monitor this situation.

Unsubscribe anytime.

[SITUATION] · [ACTIVE] · [CRIME]

2 clusters · 18 sources · 5 days · First seen 7 days ago · Last updated 3 days ago

Legal challenges to US Anti-Weaponization Fund

Overview

A federal magistrate judge has ordered the Department of Justice to disclose the identities of the officials who designed the $1.8 billion ‘Anti-Weaponization Fund’. The fund was established following a settlement between President Donald Trump and the Internal Revenue Service regarding the leak of his private tax records. The initiative was intended to compensate individuals claiming they were victims of political prosecution, though critics argued it could funnel taxpayer money to political allies, including those involved in the January 6 Capitol riot.

While Attorney General Todd Blanche has stated the fund is now rescinded and “dead,” legal challenges from organizations such as the Democracy Forward Foundation continue. Plaintiffs allege the program was an unconstitutional use of federal funds. In response to the disclosure order, the Justice Department has filed a motion to dismiss the lawsuit, arguing that the plaintiffs lack legal standing and that the fund is no longer being implemented. The Department is also appealing the order to reveal the architects' names, which are currently subject to a protective order.

Entities

Department of Justice · Democracy Forward · Ivan D. Davis · Donald Trump · U.S. Department of the Treasury

Claims

What the coverage asserts, and how many sources carry each claim.

[● 9 SOURCES] U.S. authorities restrained more than $52 million in cryptocurrency linked to Xinbi Guarantee. offthepress.com · yournews.com · bitcoinethereumnews.com · www.spacemoney.com.br · townhall.com · +4 more
[● 9 SOURCES] The U.S. Treasury Department designated Xinbi Guarantee as a significant transnational criminal organization. yournews.com · bitcoinethereumnews.com · nationalcybersecurity.com · www.spacemoney.com.br · jornaldebrasilia.com.br · +4 more
[● 7 SOURCES] Investigators seized two cryptocurrency wallets used by Xinbi containing approximately $12 million. yournews.com · bitcoinethereumnews.com · www.spacemoney.com.br · townhall.com · www.foxbusiness.com · +2 more
[● 5 SOURCES] The U.S. sanctioned SafeW Technology and Anwen Technology for supporting Xinbi. bitcoinethereumnews.com · nationalcybersecurity.com · jornaldebrasilia.com.br · crypto.news · www.cryptobreaking.com
[● 5 SOURCES] Xinbi Guarantee operates as a Chinese-language marketplace on Telegram. offthepress.com · yournews.com · bitcoinethereumnews.com · www.foxbusiness.com · crypto.news
[● 4 SOURCES] The DOJ Scam Center Strike Force assisted in the takedown of 13 scam compounds in Madagascar. offthepress.com · yournews.com · gulfnews.com · defimedia.info
[● 3 SOURCES] The platform has been used by North Korean hackers. nationalcybersecurity.com · www.foxbusiness.com · bitcoinethereumnews.com
[● 2 SOURCES] Xinbi Guarantee has processed over $24 billion in digital assets and fiat currency since approximately 2022. bitcoinethereumnews.com · nationalcybersecurity.com

Timeline

3 days ago

[CRIME] 14 sources
Xinbi Guarantee sanctioned by U.S. as authorities seize $52M in crypto
U.S. authorities have sanctioned Xinbi Guarantee, a Chinese-language Telegram marketplace, and restrained $52 million in crypto linked to global scam operations and money laundering.
7 days ago

[POLITICS] 4 sources
Judge orders DOJ to reveal architects of $1.8B Anti-Weaponization Fund
A federal judge ordered the DOJ to disclose the architects of a defunct $1.8 billion fund intended to compensate individuals for alleged political prosecution.

Sources

bitcoinethereumnews.com · crypto.news · cryptobreaking.com · defimedia.info · foxbusiness.com · gulfnews.com · joemygod.com · jornaldebrasilia.com.br · nationalcybersecurity.com · nbcnews.com · offthepress.com · saferworld.org.uk · southfloridareporter.com · spacemoney.com.br · townhall.com · tribunadepetropolis.com.br · world-today-journal.com · yourNEWS.com