Securities fraud
Sam Bankman-Fried has been arrested pursuing FTX collapse. Here is what transpires upcoming
Tom Williams | CQ-Roll Call, Inc. | Getty Pictures Sam Bankman-Fried’s arrest in the Bahamas on Monday marks the commencing of a new chapter in the FTX saga, 1 that will pit the former crypto billionaire from the Southern District of New York. The indictment is expected to continue to be sealed right until Tuesday […]
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U.S. Justice Department reportedly break up above charging Binance as crypto globe falters
Splits amongst U.S. Office of Justice prosecutors are delaying the conclusion of a extensive-functioning legal investigation into the world’s biggest cryptocurrency trade Binance, 4 men and women familiar with the make a difference have instructed Reuters. The investigation commenced in 2018 and is targeted on Binance’s compliance with U.S. anti-income laundering rules and sanctions, these […]
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Federal prosecutors ask judge to postpone SEC case in alleged New Jersey deli stock fraud
Hometown Deli, Paulsboro, N.J. Mike Calia | CNBC Federal prosecutors in New Jersey want the Securities and Exchange Commission to postpone its civil case against the alleged masterminds behind a $100 million fraud scheme involving a small-town deli so it won’t get in the way of their ongoing criminal case. Prosecutors for the District of […]
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Federal judge dismisses crypto scam lawsuit against Kim Kardashian, Floyd Mayweather Jr.
A federal judge on Wednesday dismissed a proposed class action lawsuit by investors against the founders of the cryptocurrency EthereumMax, as well as celebrity endorsers including Kim Kardashian and boxer Floyd Mayweather Jr. over their promotion of the cryptocurrency on social media. Investors who bought EMAX tokens alleged they had suffered losses after taking the […]
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Sam Bankman-Fried could face years in prison over FTX’s $32 billion meltdown — if the U.S. ever gets around to arresting him
FTX CEO Sam Bankman-Fried attends a press conference at the FTX Arena in downtown Miami on Friday, June 4, 2021. Matias J. Ocner | Miami Herald | Tribune News Service | Getty Images Sam Bankman-Fried, the disgraced former CEO of FTX — the bankrupt cryptocurrency exchange that was worth $32 billion a few weeks ago […]
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Feds demand 21 people in world wide crypto dollars laundering bust
A member of the US Solution Assistance speaks on a cellphone as US President-elect Donald Trump attends meetings at the US Capitol in Washington, DC, November 10, 2016. Saul Loeb | AFP | Getty Photos The U.S. Attorney’s Office environment for the Jap District of Texas introduced on Wednesday that it has billed 21 people […]
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Trump blasts Supreme Court more than tax return ruling just after a tough day in 3 other courts
Previous President Donald Trump lashed out Wednesday at the Supreme Courtroom — three of whose justices he appointed — for unanimously rejecting his ask for to block a congressional committee from obtaining his federal profits tax returns. Trump’s rant in opposition to the conservative-dominated court docket came a working day immediately after the 2024 Republican […]
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FTX-owned company staying made use of to launder hundreds of hundreds of thousands ‘hacked’ from FTX, researchers say
Hackers who stole all around $477 million value of cryptocurrency from collapsed exchange FTX have started out to launder the funds into bitcoin. This thirty day period, soon after FTX submitted for personal bankruptcy, new CEO John Ray III explained that “unauthorized accessibility to specific assets has transpired.” Blockchain analytics organization Elliptic estimates that close […]
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Theranos founder Elizabeth Holmes sentenced to far more than 11 many years in prison
Former Theranos CEO Elizabeth Holmes (C) comes at federal court with her associate Billy Evans (R) and mom Noel Holmes on November 18, 2022 in San Jose, California. Justin Sullivan | Getty Pictures Theranos founder Elizabeth Holmes was sentenced Friday to extra than 11 a long time in prison for fraud soon after deceiving investors […]
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Bahamas regulators verify they’re keeping some of FTX’s property
FTX emblem with crypto cash with 100 Greenback bill are displayed for illustration. FTX has submitted for individual bankruptcy in the US, trying to find court security as it seems to be for a way to return dollars to consumers. Jonathan Raa | Nurphoto | Getty Photographs Securities regulators in the Bahamas conceded that they […]
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