2024-4-18 20:27 |
NEW YORK – A Manhattan jury has found crypto trader Avi Eisenberg guilty on fraud and market manipulation for his $110 million heist from decentralized finance protocol Mango Markets in October 2022. origin »
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South Korean cryptocurrency entrepreneur Do Hyeong Kwon, co-founder of Terraform Labs pleaded not guilty on Thursday to multiple fraud charges in Manhattan federal court.
2025-1-4 17:00 | |
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Last week, a jury in New York declared Terraform Labs and its founder Do Kwon guilty of fraud charges. The meme coin narrative garnered attention, and Ripple looked to launch a USD-backed stablecoin. Here's our weekly recap.
2024-4-8 15:28 | |
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A New York jury has found Terraform Labs and its Co-Founder, Do Kwon, guilty of deceiving investors about UST's stability.
2024-4-6 23:14 | |
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Wen Jian was found guilty by a London court on one count of Bitcoin money laundering in connection to a $6 billion Chinese investment scam.
2024-3-21 21:46 | |
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Police in the U.K. seized over 1.7 billion pounds ($2.2 billion) worth of related bitcoin in 2018.
2024-3-21 19:32 | |
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A man in South Korea was found guilty of fraud that cost a South Korean broadcast jockey about $1.10 million. The post Mastermind Behind $1.10 Million Crypto Scam Faces 5-Year Sentence appeared first on BeInCrypto.
2024-3-4 19:00 | |
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Former FTX boss Sam Bankman-Fried (SBF), found guilty of fraud last year and due to be sentenced next month, has asked the court for a 'just' sentence of 63 to 78 months, according to a court filing submitted Tuesday.
2024-2-29 09:19 | |
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Sam Bankman-Fried, the co-founder of the FTX crypto exchange, who was recently found guilty of multiple counts of criminal fraud, reportedly faced a harrowing experience while incarcerated. According to a former mobster turned federal informant, Gene Borrello, who shared a prison cell with Bankman-Fried, the disgraced crypto executive was placed on suicide watch and endured challenging conditions during his time at Brooklyn Metropolitan Detention Center (MDC) while awaiting sentencing next year.
2023-12-2 00:00 | |
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In April, Esteban Cabrera Da Corte pleaded guilty to participating in a crypto scheme that defrauded U.S. banks of $4 million.
2023-11-30 15:13 | |
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Aurelien Michel has pleaded guilty to defrauding investors. He has agreed to pay $1.4 million in restitution. The creator of the Mutant Ape Planet non-fungible token (NFT) collection, AureliThe post French national pleads guilty to knock-off MAYC NFT fraud appeared first on AMBCrypto.
2023-11-15 11:30 | |
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Mutant Ape Planet NFT creator, Aurelien Michel, enters a guilty plea for a $2. 9 million "rug-pull" fraud. Analysis, impact, and future trends here. The post Mutant Ape Planet NFT Creator Admits $2.
2023-11-15 03:49 | |
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The developer behind the Mutant Ape Planet non-fungible token (NFT) collection – a knockoff of the Mutant Ape Yacht Club NFTs – pleaded guilty on Tuesday to defrauding buyers in a rug pull that netted almost $3 million, according to the U.S. Department of Justice (DOJ).
2023-11-15 23:03 | |
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Two former colleagues of recently convicted Sam Bankman-Fried are building a new crypto exchange, just days after their former CEO was found guilty on seven charges of fraud.
2023-11-14 20:33 | |
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The former head of legal and compliance at OneCoin faces up to 10 years in prison for her role in the $4 billion crypto trading scheme.
2023-11-10 04:10 | |
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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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The aftermath of FTX’s collapse sent ripples across the crypto industry, and the fallout is still being felt almost a year after the exchange’s failure. FTX co-founder and former CEO Sam Bankman-Fried has recently been found guilty and is awaiting sentencing.
2023-11-7 03:00 | |
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Jury declares FTX founder Sam Bankman-Fried guilty of all seven fraud charges; Bitcoin clinches $35K amid sustained run; SEC targets PayPal and SafeMoon.
2023-11-6 19:34 | |
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Sam Bankman-Fried is found guilty of fraud, other crimes; PayPal receives subpoena from the U.S. SEC, and Invesco Galaxy’s spot Bitcoin ETF joins DTCC website.
2023-11-5 00:23 | |
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2023-11-3 19:32 | |
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FTX token (FTT) plummets to $1. 1579 after founder SBF’s fraud verdict. SBF was found guilty on all seven counts after a 15-day trial. Sam Bankman-Fried sentencing is scheduled for March 28, 2024.
2023-11-3 15:12 | |
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After a comprehensive five-week trial, the New York jury rendered a verdict on Thursday, finding the former crypto magnate, Sam Bankman-Fried, guilty on all seven charges, including fraud, embezzlement, and criminal conspiracy.
2023-11-3 09:25 | |
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In a significant legal development that could have far-reaching consequences for the cryptocurrency industry, Sam Bankman-Fried, the co-founder of FTX, has been found guilty of all charges in the FTX trial that started on October 3.
2023-11-4 08:37 | |
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FTX's Sam Bankman-Fried found guilty of all charges, stares down 110 year sentence after crypto exchange imploded in fraud scheme.
2023-11-3 03:28 | |
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The 12-member jury has found the FTX founder - SBF guilty of seven counts of fraud and money laundering charges The court will now move on to the second trial and the sentencing of the former cThe post Breaking: FTX founder Sam Bankman-Fried found guilty of all 7 counts appeared first on AMBCrypto.
2023-11-3 03:04 | |
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U.S. Attorney Damian Williams called Bankman-Fried’s crimes "a multibillion-dollar scheme designed to make him the king of crypto" and one of the biggest financial frauds in American history.
2023-11-3 03:03 | |
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A jury found Sam Bankman-Fried guilty on all charges in his criminal fraud trial tied to FTX's operation and collapse.
2023-11-5 02:49 | |
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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 U.S. government delivered its closing arguments in New York in an effort to convince the jury that SBF is guilty of fraud and conspiracy to commit fraud.
2023-11-2 18:08 | |
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Bankman-Fried pleaded not guilty to all seven counts of fraud charges related to the collapse of crypto exchange FTX.
2023-11-1 20:36 | |
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The fifth day of the SBF trial included testimony from Alameda Research CEO Caroline Ellison, whose testimony became a pivotal point for the case as she confessed to committing fraud under SBF’s direction.
2023-10-11 02:58 | |
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Former Alameda CEO Caroline Ellison blames SBF for $14B FTX fraud after guilty plea, admits Alameda siphoned customer funds on his orders.
2023-10-11 21:30 | |
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Memos between former FTX CEO Sam Bankman-Fried and his ex-lover Caroline Ellison have been revealed as his trial begins. Ellison, who has pleaded guilty to related fraud charges, may testify against him.
2023-10-4 11:30 | |
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The tides finally changed after Gary Wang and Nishad Singh (both FTX directors who have since pled guilty to fraud in the ongoing trial) joined the firm.
2023-10-4 11:21 | |
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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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2023-9-22 00:48 | |
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The accused made $1.5 million through crypto fraud during November 2020- August 2022. He could face up to 30 years in jail once sentenced. On 10 September, the U.S. Department of Justice (DOThe post Ex-Deutsche Bank investment banker pleads guilty to crypto fraud appeared first on AMBCrypto.
2023-9-20 14:00 | |
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Mark Scott, associated with the $4 billion OneCoin fraud as the chief legal officer, is set to be sentenced while U.S. District Judge Edgardo Ramos denied his request for trial. Scott was found guilty of laundering roughly $400 million in…
2023-9-19 13:12 | |
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The accused, Mark Scott, laundered $400 million through the OneCoin crypto scam, the prosecutors claimed. In November 2019, the court found Scott guilty of money laundering and bank fraud.
2023-9-19 11:00 | |
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Rashawn Russell, a former investment banker at Deutsche Bank, is reportedly preparing to change his plea to guilty in a cryptocurrency fraud case. The 27-year-old from Brooklyn, who initially denied defrauding investors, is accused of soliciting investments from friends and colleagues and misusing the funds for personal expenses, including gambling. According to a Bloomberg report, […]
2023-9-16 23:00 | |
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Rashawn Russell admits wrongdoing after falsely promising investors ‘assured profits’ for their crypto investments. Rashawn Russell, a former investment banking professional at Deutsche Bank, is preparing to enter a guilty plea on charges of cryptocurrency fraud, according to new court…
2023-9-15 22:53 | |
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Sam Bankman-Fried, the 31-year-old founder of the bankrupt FTX cryptocurrency exchange, pleaded not guilty to a fresh indictment involving fraud and conspiracy. His lawyer voiced concerns about Bankman-Fried’s treatment in jail during his first appearance in Manhattan federal court after…
2023-8-23 20:01 | |
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According to a report from Reuters, Sam Bankman-Fried, former CEO and co-founder of the now-bankrupt FTX exchange, has pleaded not guilty to a recent charge accusing him of fraud and conspiracy. This action was taken in the first court appearance of Bankman-Fried since a US court revoked his bail in early August. In a hearing […]
2023-8-22 18:34 | |
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Sam Bankman-Fried, the former CEO and founder of now-defunct crypto exchange FTX, reportedly pleaded not guilty to fraud and money laundering charges in a court hearing on Aug. 22.
2023-8-22 16:57 | |
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Alex Mashinsky pleads not guilty to fraud following his arrest on multiple charges. The post Celsius Network Founder Alex Mashinsky Pleads Not Guilty to Fraud appeared first on BeInCrypto.
2023-7-15 18:15 | |
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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 founder of the bankrupt crypto lender has pleaded not guilty to charges including fraud and manipulation of the CEL token.
2023-7-14 09:02 | |
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The founder of the bankrupt crypto lender has pleaded not guilty to charges including fraud and manipulation of the CEL token.
2023-7-15 09:02 | |
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Michael Ackerman pleaded guilty in 2021 to charges of defrauding around 150 investors for $33 million in a digital asset trading scheme.
2023-6-29 18:26 | |
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Mango DAO, Mango Labs and Blockworks Foundation agreed to settle charges with the U.S. Securities and Exchange Commission Friday.
Mango Markets' governing body is looking to offer a settlement to the SEC.
FBI Computer Analysis and Response Team agents first found the material during a search of Eisenberg's devices in January 2023
Avraham 'Avi' Eisenberg, a figure in the digital finance sector, was found guilty in relation to a major security breach at Mango Markets, where over $110 million was compromised.
Crypto trader Avi Eisenberg’s fate now rests in the hands of 12 New York jurors, who have been tasked with deciding whether his October 2022 trades on Mango Markets – which netted him $110 million – were fair game or fraud.
The crypto trader is facing up to 20 years in jail if convicted on all counts.