2024-5-18 21:44 |
Thomas John Sfraga, known as “TJ Stone,” entered a guilty plea to wire fraud charges in a Brooklyn federal court on Thursday. According to the U.S. Department of Justice, Sfraga was accused of deceiving investors with the promise of up… origin »
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In a Brooklyn federal court, a crypto-influencer on social media sites such as Instagram, Jebara Igbara, also known as “Jay Mazini,” was sentenced to 84 months for wire fraud, wire fraud conspiracy, and money laundering.
2024-4-26 21:30 | |
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The defendants are said to have committed hundreds of acts of wire fraud, "causing harm to Google and at least approximately 100,000 Google users."
2024-4-5 15:07 | |
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Sam Bankman-Fried has been sentenced to 25 years in prison for orchestrating the $8 billion fraud scheme that precipitated the collapse of the cryptocurrency exchange FTX. Following his conviction on seven counts of wire fraud and conspiracy in November 2023, the former billionaire entrepreneur received his sentence.
2024-3-28 19:28 | |
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Sam Bankman-Fried’s lawyers criticize prosecutors’ 50-year prison proposal as distorted, amid wire fraud and conspiracy accusations related to his crypto empire’s downfall. U.S. prosecutors’ proposal to put FTX founder Sam Bankman-Fried in prison for as long as 50 years adopts…
2024-3-20 10:33 | |
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A New York District Court jury convicted two men associated with IcomTech, a company that presented itself as specializing in cryptocurrency mining and trading, of wire fraud conspiracy. The individuals, David Brend and Gustavo Rodriguez, now potentially face up to…
2024-3-18 12:08 | |
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Former Celsius CEO Alex Mashinsky has chosen to be represented by the same legal team as FTX’s Sam Bankman-Fried against allegations of wire fraud and artificially inflating the company’s token value.
2024-2-21 00:46 | |
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John Karony, CEO of the bankrupt crypto firm SafeMoon, has experienced a setback in his legal defense following his attorneys’ decision to withdraw from the case. Karony is currently facing criminal charges for conspiracy to commit wire fraud, money laundering, and securities fraud in the US.
2024-2-14 22:00 | |
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Uncover the legal developments surrounding Aurelien Michel, facing potential prison time and a $1.4 million forfeiture for wire fraud in the 'Mutant Ape Planet' NFT case The post NFT Fraudster To Face Up To Five Years in Prison appeared first on BeInCrypto.
2023-11-15 05:49 | |
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Bitwise Asset Management stresses it has no relationship with the startup Bitwise Industries whose founders have been charged with conspiring to commit wire fraud.
2023-11-10 12:06 | |
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Irina Dilkinska, who reportedly served as “Head of Legal and Compliance” for the supposed crypto project, pleaded guilty to charges of wire fraud and money laundering on Nov. 9 in a Manhattan federal court.
2023-11-10 23:00 | |
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In a major development, Irina Dilkinska, former legal head at OneCoin, has pleaded guilty to wire fraud and money laundering, signaling progress in the high-profile OneCoin fraud case. The post Head of Multibillion-Dollar Crypto Pyramid Scheme Pleads Guilty appeared first on BeInCrypto.
2023-11-10 20:58 | |
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After deliberating for just four hours, a jury has found former FTX CEO Sam Bankman-Fried guilty of wire fraud, conspiracy, and money laundering, and the one-time 'golden child' of crypto now faces a maximum sentence of 110 years in prison.
2023-11-3 15:00 | |
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The US government has charged executives of SafeMoon cryptocurrency over allegations of “conspiracy to commit securities fraud, conspiracy to commit wire fraud and money laundering. ” The arrest of the Safemoon executives came after the US Securities and Exchange Commission (SEC) unveiled charges against them on Wednesday morning.
2023-11-2 21:59 | |
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SafeMoon founders arrested; Kyle Nagy at large. The charges include wire fraud and money laundering. There are also accusations of misappropriation and investor deception. In a significant development, the founders of SafeMoon, a decentralized finance digital asset, are facing criminal charges in the United States.
2023-11-1 20:13 | |
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A filing last week suggests Sam Bankman-Fried's defense wants to get back to the argument that Bankman-Fried did not technically commit wire fraud because FTX’s terms of service were worded in such a way that there's no case to argue funds were misappropriated.
2023-10-16 13:00 | |
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Sam Bankman-Fried’s trial has entered its third day, as the FTX founder is facing seven different charges of wire fraud and money laundering. After jury selection ended on day 2, both sides geared up with key witnesses to present their case.
2023-10-6 23:25 | |
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Follow us for updates of Sam Bankman-Fried's historic trial, as the former FTX CEO is set to be tried on seven different charges of wire fraud and money laundering.
2023-10-4 00:50 | |
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Jury selection has begun for the trial of FTX founder Sam Bankman-Fried, who faces charges including wire fraud, money laundering, and securities fraud. The post Jury Selection Gets Underway in FTX Founder’s Trial appeared first on BeInCrypto.
2023-10-3 19:05 | |
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Former IcomTech head Marco Ochoa is the latest crypto fraudster to face charges.
2023-9-28 00:40 | |
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If he’s convicted of wire fraud and/or conspiracy charges, FTX founder Sam Bankman-Fried will probably spend quite a bit of time behind bars. But there’s a good chance the 31-year-old won’t spend the rest of his life in prison.
2023-9-26 13:00 | |
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Sam Bankman-Fried stands accused of committing wire fraud and conspiracy to commit several other types of frauds. His once-mighty crypto exchange, FTX, collapsed in dramatic fashion nearly a year ago, shedding billions in value.
2023-9-19 14:00 | |
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Prosecutors in the case against the former CEO of the now-defunct FTX exchange, Sam Bankman-Fried (SBF), have pushed back against the defense’s suggested questions for jury selection. The co-founder faces seven counts of fraud-related offenses, including wire fraud of FTX customers.
2023-9-17 12:30 | |
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Nathaniel Chastain will reportedly have until Nov. 2 to surrender himself following his conviction for wire fraud and money laundering related to insider trading on OpenSea.
2023-8-23 00:37 | |
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I didn’t really have anything prepared to write about this week but the Department of Justice is on it. Prosecutors told the judge overseeing Sam Bankman-Fried’s criminal trial that they intend to fold campaign finance allegations into a wire fraud charge, after announcing they would have to drop the campaign finance charge itself due to treaty obligations with the Bahamas.
2023-8-12 18:30 | |
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Rather than reinstating a count on campaign finance violations to SBF’s indictment, the Justice Department said it will consider the evidence as part of a wire fraud charge.
2023-8-9 21:42 | |
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Former CEO of Celsius Network, Alex Mashinsky, was arrested and charged on Thursday with securities and wire fraud among other offenses, according to Reuters: Mashinsky, 57, arrived in federal court...
2023-7-14 17:16 | |
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The U.S. Department of Justice arrested a security engineer on wire fraud charges, alleging he stole $9 million worth of crypto from an unnamed decentralized cryptocurrency exchange.
2023-7-12 19:39 | |
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The US Department of Justice (DOJ) has decided to move forward with the trial of Sam Bankman-Fried, the former CEO and founder of FTX. However, the trial will only involve the original eight charges filed in December 2022, which include wire fraud, securities fraud, and money laundering.
2023-6-15 13:50 | |
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A former TikTok crypto influencer has been forced to forfeit a gold physical bitcoin and more than $17,000 in cash after pleading guilty to wire fraud
2023-6-3 13:29 | |
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In what could only be described as a uniquely digital-age twist, an NFT influencer, known by his alias Ben. eth, has been served with a settlement demand, via an NFT. The demand, laced with profanity, accuses the influencer of engaging in wire fraud, at the least, relating to a recent $7 million token presale.
2023-5-22 13:13 | |
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Nate Chastain, the former head of product at non-fungible token (NFT) platform OpenSea, was convicted of money laundering and wire fraud in a New York court on Wednesday, according to a report from Reuters.
2023-5-4 00:15 | |
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New York court holds its first grand jury hearing in the insider trading case against former OpenSea product manager. Nathaniel Christian was indicted on wire fraud and money laundering chargesThe post OpenSea insider trading case: All that happened at the first court hearing appeared first on AMBCrypto.
2023-4-26 21:00 | |
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The former footballer pleaded guilty to bank and wire fraud charges over operating Crypto Capital Corp., the shadow bank that lost Bitfinex's millions.
2023-4-19 16:20 | |
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— The individual responsible for defrauding dark web Silk Road was sentenced to a year in prison — James Zhong, who committed wire fraud, stole at least 50,000 BTC from Silk Road On 14 AprThe post 11 years later, Silk Road BTC hacker faces his sentence appeared first on AMBCrypto.
2023-4-15 02:25 | |
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A Georgia resident has been sentenced to one year in prison following a $3. 4 billion Bitcoin theft, the U. S. Attorney’s Office Southern District of New York announced April 14. Zhong stole billions in BTC in 2012 The authorities said that James Zhong first committed wire fraud against Silk Road in 2012.
2023-4-15 01:19 | |
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James Zhong pleaded guilty to the wire fraud charges in November 2022 and has been awaiting sentencing for his role in the “unlawfully obtained” Bitcoin scheme.
2023-4-15 00:44 | |
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Do Kwon is being accused by U.S. prosecutors of committing commodities fraud, securities fraud, wire fraud, and engaging in market manipulation. Eight Counts of Fraud Do Kwons legal troubles keep...
2023-3-24 19:18 | |
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Mark Scott, the legal head of the controversial cryptocurrency project OneCoin, has been extradited to the United States to face charges of fraud, money laundering, and conspiracy to commit wire fraud, marking the latest development in the ongoing investigation into…
2023-3-22 22:24 | |
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Nishad Singh has pleaded guilty to wire fraud, conspiracy to commit wire fraud on FTX customers and conspiracy to commit commodities fraud.
2023-3-1 21:45 | |
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Ishan Wahi, Coinbases former product manager, pleaded guilty to wire fraud charges in the first ever crypto insider trading case. First Case of Crypto Insider Trading One of last years...
2023-2-9 19:22 | |
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Former Coinbase Global Inc. product manager Ishan Wahi has pleaded guilty to two counts of conspiracy to commit wire fraud, according to a press release from the U.S. Department of Justice (DoJ). Related Reading: Will Bitcoin See A Valentine’s Day Massacre Or Can Bulls Get Back To $24,000? After Nikhil Wahi was charged with receiving […]
2023-2-8 01:55 | |
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Ishan Wahi has pleaded guilty to two counts of conspiracy to commit wire fraud in an insider trading case. The post Coinbase Manager Pleads Guilty to Insider Trading as SEC Eyes Regulatory Monopoly appeared first on BeInCrypto.
2023-2-8 23:00 | |
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The "seized assets constitute property involved in violations" of crimes such as money laundering and wire fraud the document outlined.
2023-1-9 16:14 | |
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FTX founder and former CEO Sam Bankman Fried (SBF) appeared before U.S. District Judge Lewis Kaplan in a Federal Court in New York. The former executive pleaded not guilty to eight charges, including those related to wire fraud and conspiracy to commit fraud, allegedly as part of an agreement with U.S. law enforcement agencies. Related […]
2023-1-4 23:04 | |
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Former FTX CEO may not be able to offset the two counts of wire fraud and six counts of conspiracy he faces with the credits by entering a guilty plea.
2022-12-30 00:31 | |
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Former Alameda CEO and ex-FTX CTO plead guilty in U.S. court with several wire fraud charges.
2022-12-22 11:38 | |
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The co-founder of the fraudulent scheme is set to be sentenced in April 2023 on charges relating to wire fraud and money laundering.
2022-12-19 08:41 | |
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The former FTX CEO faces federal charges of wire fraud, conspiracy and other allegations. A positive November inflation report sends prices higher. Crypto Markets Today is CoinDesk’s daily newsletter diving into what happened in today's crypto markets.
2022-12-14 01:03 | |
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The federal prosecutors have charged Sam Bankman-Fried with conspiracy and wire fraud for mismanagement of customers’ funds. The post Sam Bankman-Fried Indicted for Fraud by Federal Prosecutors and SEC appeared first on BeInCrypto.
2022-12-14 18:23 | |
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Copper, a provider of digital asset custody and collateral management, has partnered with staking infrastructure provider Figment to enhance institutional staking options. The collaboration enables Copper’s institutional clients to stake assets securely while earning rewards across multiple blockchain networks, including…
Redstone’s native token RED is pumping after a series of developments in a single day. RedStone (RED) price has surged by 18% in the past 24 hours, trading at $0.57 with a 24-hour trading volume of $188 million, up 287%.…
The Chicago Board Options Exchange has filed a proposal with the U.S. Securities and Exchange Commission to permit staking for the Fidelity Ethereum Fund. This initiative aims to enable the fund to stake its Ethereum (ETH) holdings, potentially enhancing returns…
Core, a proof of stake platform offering a dual Bitcoin staking solution, is teaming up with digital asset custody and wallet provider Cobo to expand its staking service in Asia. The collaboration will see Core and Cobo bring dual Bitcoin…
Jito price remains in a deep bear market after falling by over 40% from its highest level in December last year. Jito (JTO), the biggest liquid staking and restaking network on Solana, was trading at $2.5, bringing its market cap…
Bitcoin staking platform Solv Protocol has entered a strategic partnership with Soneium, the Ethereum layer 2 blockchain backed by Japan’s Sony Group, expanding BTC staking to the network. Announced on Mar.
Chiliz, the blockchain platform behind Socios.com, continues to redefine the relationship between cryptocurrency and the sports industry. With two billion Chiliz (CHZ) tokens now staked and regulatory approval from the Malta Financial Services Authority, the platform has solidified its position…