Couple mistakenly sent $10.5M by Crypto.com to face October plea hearing

Thevamanogari Manivel was sentenced to 18 months of community corrections with six months of unpaid community work, while her husband will face a plea trial in October.

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Here’s How FTX Founder Sam Bankman-Fried’s Trial May Play Out

FTX founder and onetime CEO Sam Bankman-Fried will stand trial in just under two weeks to defend himself against allegations he deliberately committed fraud and conspired to defraud crypto investors and customers in FTX and Alameda Research.

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Sam Bankman-Fried Trial: US DOJ Has Special Request For Judge

With two weeks to go until the trial of Sam Bankman-Fried, founder and former CEO of the FTX crypto exchange, the United States Department of Justice has made a request of the judge handling the case.

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Appeal Court Punts on Bankman-Fried's Bid to Secure Release from Jail

The one-time crypto exchange executive has made several arguments to get out of jail before his trial.

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The SBF Trial: How Did We Get Here?

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.

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Crypto Queen’s lawyer to be sentenced without new trial

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…

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OneCoin fraud: "CryptoQueen" lawyer denied new trial

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.

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Bloomberg Calls Questioning Of Chainalysis ‘Smear Campaign’, Raises Questions Of Media Integrity

In an article titled “Wall Street-Backed Crypto Tracer Faces ‘Junk Science’ Attack” the media outlet cites partial facts, dismissing concerns regarding Chainalysis accuracy in the ongoing Bitcoin Fog trial as a ‘smear campaign’.

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Sam Bankman-Fried Trial: Charges, Important Dates, And Everything Else

The former CEO of defunct crypto exchange FTX Sam Bankman-Fried’s (SBF) trial is set to begin in October, barring any postponement. Ahead of the trial, here are some key details to note as SBF faces up to 100 years imprisonment if found guilty by the jury.

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Bankman-Fried publishes 250 pages of self-justification ahead of trial

In a 15,000-word document revealed by The New York Times, the disgraced crypto entrepreneur tried to share his point of view on what happened to FTX. Sam Bankman-Fried (SBF), the founder of the failed crypto exchange FTX who’s charged with…

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FTX Gets Go-Ahead to Sell Crypto Assets, And No, It Does Not Spell Doom for Solana, Bitcoin, Ether, XRP

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FTX’s Sam Bankman-Fried Receives Shocking Response To Pretrial Release Request

With his trial scheduled for less than a month from now, Sam Bankman-Fried (SBF), founder and former CEO of the failed FTX crypto exchange, is scrambling to get as much out of the judge as possible. This time around, SBF is looking toward getting released ahead of his trial, but it seems the court is […]

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Why This Crypto Exchange Founder Got 11,000 Years In Prison

A little over a year ago, Faruk Fatih Ozer, founder and CEO of crypto exchange Thodex was arrested by Turkish authorities. After a long trial, Fatih was sentenced to over 11,000 years in prison after being found guilty of several financial crimes.

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FTX’s Sam Bankman-Fried Has Sufficient Time To Prepare For Trial, DOJ Claims

On Tuesday, the United States Department of Justice (DOJ) said that Sam Bankman-Fried (SBF), the embattled co-founder of the defunct FTX crypto exchange, has been given sufficient time and resources to review discovery materials for the case against him.

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Sam Bankman-Fried Appeals Decision Jailing Him Ahead of Trial: Reuters

Sam Bankman-Fried’s lawyers have appealed a judge’s decision to send him to jail while he is waiting to start trial over several allegations tied to the collapse of his former crypto exchange FTX on October 3, Reuters reports.

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XRP, SHIB and BTC Adoption Surges Thanks to New Partnership, Ripple's Top Execs Show New Trial Schedule, SHIB Hits New Milestone: Crypto News Digest by U.Today

Read U.Today's crypto news digest to make sure you're not missing any of the latest events in the industry!

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Coinbase enters the Canadian market with Coinbase One, free 30-day trial

Coinbase is seeking to expand into Canada as it faces tough times at home. Coinbase launched an Ethereum layer-2 network last week. It is worth noting that a number of crypto exchanges have excited Canada in the recent past citing poor crypto environment.

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Former FTX CEO Arrives New York For Hearing To Determine If He Will Be Jailed Until Trial

Sam Bankman-Fried, Founder and CEO of the insolvent crypto exchange FTX, has made a return to New York City amidst intensifying legal pressures.  Bankman-Fried’s arrival in New York comes as prosecutors push for his incarceration and the cryptocurrency exchange founder awaits a court hearing in the Manhattan federal court on Friday, August 11, to determine […]

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South Korea arrests Bitsonic CEO for allegedly stealing $7.5M of users’ money

The vice president of the crypto exchange will also be put on trial without preliminary detention.

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President Putin approves digital Ruble, as Russia prepares for crypto exchange trial run

Russian President Vladimir Putin signed a law introducing a central bank digital currency (CBDC), the Digital Ruble, and creating an electronic platform for its use, local media Tass reported on July 24, citing official documents.

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Inside The Mind Of A Crypto Insider: Caroline Ellison’s Private Google Docs Expose FTX Scandal

The New York Times has reported that Caroline Ellison, the 27-year-old CEO of crypto hedge fund Alameda Research, could be a key witness in the upcoming criminal trial of Sam Bankman-Fried, the founder of cryptocurrency exchange FTX.

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UK Treasury Starts Consultation on Five-Year Digital Securities Trial

The pilot will relax regulations for digital bonds and equities – but not unbacked crypto, like bitcoin or ether.

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Mango Markets’ Alleged Exploiter Set to Face Trial in December for $116M Theft Accusation

Crypto User Avraham Eisenberg to Face Trial in December for Alleged $116M Theft from Mango Markets Avraham Eisenberg, the individual accused of orchestrating a significant exploit on decentralized exchange Mango Markets, is set to stand trial in the United States on December 4th.

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Crypto On Trial: U.S. Judge Examines Whether Terraform Labs’ Coins Are Securities

According to a Reuters report, a U. S. judge is considering whether the digital assets created by Terraform Labs were securities in a case brought by the Securities and Exchange Commission (SEC) against the company and its founder, Do Kwon.

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South Korea traces more funds allegedly moved by Do Kwon 

South Korean authorities are investigating the whereabouts of about $29 million worth of cryptocurrencies allegedly moved from a crypto wallet controlled by Do Kwon’s Luna Foundation Guard (LFG). Kwon is currently under house arrest and is awaiting trial in Montenegro.…

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Crypto Exchange Coinone's Former Exec Acknowledges Bribery Charges in South Korea: Report

A lawyer for the accused reportedly said he admits "the facts of the prosecution," during a May 25 trial hearing.

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Australia’s oldest bank bans payments to Binance

Westpac, Australia’s oldest bank, announced a ban on cryptocurrency transactions to certain exchanges on May 18. The bank said that it is blocking a number of crypto exchanges as part of a trial to “reduce scam losses.

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Crypto lender BlockFi allegedly used customer funds to buy $30 million insurance

BlockFi's creditors have claimed that the company used customer funds to buy insurance for $30 million. Customers also argued that the lender purposefully delayed the trial. In response to BThe post Crypto lender BlockFi allegedly used customer funds to buy $30 million insurance appeared first on AMBCrypto.

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South Korea sets trial date for Terraform Labs co-founder over Terra Luna collapse

Terraform Labs co-founder Shin Hyun-seung and seven other associates are set to face trial on May 26 over fraud charges related to the collapse of the Terra-Luna stablecoin and crypto project in May 2022. 

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Ripple Spending $200 Million Is Dumb: Crypto YouTuber Lark Davis

Crypto influencer Lark Davis calls Ripple's spending of hundreds of millions of dollars on trial dumb

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Nigeria's SEC Mulls Allowing Tokenized Equity, Property but Not Crypto: Bloomberg

The regulator is considering applications for digital asset exchanges on a trial basis.

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Republic Crypto Denies Buying 10M ASTRA Tokens, Says Astra Gave Tokens to It as Part of a 'Free Trial'

CoinDesk based its original March 7 story on a statement from Astra that said Republic purchased the tokens and that included a quote from a Republic executive. The statement was wrong, Republic says.

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XRP’s Fate to Be Decided by Trial, Shibarium Public Beta Launches This Week, Judge Says SEC Prioritizes Personal Agenda Over Law: Crypto News Digest by U.Today

Check out the latest crypto news and updates in the industry with the U.Today news digest!

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Sam Bankman-Fried’s lawyers seek to delay trial until October

The lawyers representing Sam Bankman-Fried, the founder of crypto exchange FTX, said that his criminal trial might need to be delayed to give him more time to prepare his defense.

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SEC v. Ripple: XRP's Fate to Be Decided by Trial, Crypto Lawyers Agree

This might be fatal to SEC, says Scott Chamberlain

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Plea or life sentence? What to expect from Bankman-Fried trial | Opinion

The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. The Commodities Futures Trading Commission (CFTC), the SEC, and more are looking into Sam Bankman-Fried. But, it is…

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Craig Wright’s lawsuit against multiple Bitcoin developers will go to trial

A lawsuit from Craig Wright that aims to have Bitcoin developers surrender crypto and modify code can go to court, Reuters reported  February 3. The post Craig Wright’s lawsuit against multiple Bitcoin developers will go to trial appeared first on CryptoSlate.

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Sam Bankman-Fried Seeks Right to Transfer FTX's Crypto

Lawyers for the bankrupt crypto exchange's founder said there was no evidence for restricting access to crypto held by FTX as part of bail conditions in a fraud trial.

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FTX fallout: SBF trial could set precedent for the crypto industry

The FTX saga is set to enter its next phase in October with the start of SBF’s trial. However, industry experts are concerned that prosecutors could use him to set an example.

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Celebrities and investors distance themselves from FTX

FTX has been the talk of the crypto industry for the past months, and now with the trial date set, there are more eyes on FTX’ founder Sam Bankman-Fried and people tied to the exchange. After the crypto exchange collapse,…

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Craig Wright vs Hodlonaut trial goes scheduled for round 2

Crypto influencer Hodlonaut announced that the Norwegian court had accepted Craig Steven Wright’s (CSW) appeal calling for a new trial.   The new trial will be a complete rehearing, not just a re-visit of the final decision.

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McCormack trial Judge – Craig Wright was ‘dishonest,’ alludes to victory for McCormack

The final trial between computer scientist Craig Steven Wright (CSW) and crypto podcaster Peter McCormack took place in London on December 20 and ended, indicating a potential victory for McCormack.

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Sam Is Fried: FTX CEO Agrees To Extradition To The US

Following a chaotic court appearance in the Bahamas, FTX CEO and founder Sam Bankman-Fried is to be extradited to the US. FTX CEO To Be Extradited A week after the crypto wunderkind was arrested in his Bahamas apartment complex, the 30-year-old disgraced CEO has accepted to stand trial in New York. According to the New […]

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Craig Wright vs Hodlonaut trial could go to second round

Crypto influencer Hodlonaut has updated the community regarding his legal quarrel with Craig Wright and said that Wright appealed his loss and called for a new trial. The post Craig Wright vs Hodlonaut trial could go to second round appeared first on CryptoSlate.

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FTX Class Action Lawsuit Draws Renewed Scrutiny Over Crypto Endorsements

A number of FTX users have filed a class action complaint and demand for jury trial against founder and former CEO of FTX Sam Bankman-Fried (SBF) and a number of other defendants comprising of sports and entertainment celebrities like Tom Brady, Gisele Bundchen, Stephen Curry, Golden State Warriors, Shaquille O’Neal, Udonis Haslem, David Ortiz, William […]

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Couple mistakenly paid $10.5M by Crypto.com defends spending spree as contest winnings

Partners Thevamanogari Manivel and Jatinder Singh stand trial in Australia on charges of theft related to a $10. 5 million error on the part of Crypto dot com. The post Couple mistakenly paid $10.

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Accidental Crypto Millionaires Heading to Trial in Australia

Australians who were refunded millions worth of crypto by mistake are now heading to trial after being released on bail

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Iran to begin ‘crypto rial’ CBDC trial despite possible lack of infrastructure: Report

The crypto rial has been in preparation for years; its introduction comes on the heels of the country’s introduction of cryptocurrency for foreign trade.

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CryptoSlate Wrapped Daily: Bitcoin maximalist Saylor getting sued for tax fraud, volatility expected ahead of Ethereum’s Merge

The biggest news in the cryptoverse for August 31 includes  US Congress asking 5 crypto exchanges to explain how they are combatting crypto fraud, Michael Saylor getting sued for tax fraud in Washington, and Christopher Hamilton being extradited to the United States for trial on OneCoin Scam.

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