indictment

Unlicensed Crypto Business Leads to Indictments in Utah

June 20, 2024 Bitcoin.com

bitcoin.com

Two Utah residents have been indicted for operating an unlicensed money-transmitting business, converting over $2.5 million into cryptocurrency, according to the U.S. Department of Justice (DOJ). The two were arrested over the weekend in Washington County. Utah Men Arrested for Illegal Cryptocurrency Transactions The U.S. Department of Justice and the U.S. Attorney’s Office for the […]

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The Two Papa John’s pizzas ordered in 2010 now close to $1B mistake

FTX Founder Bankman-Fried Seeks Dismissal of Charges Filed After Extradition

May 9, 2023 Bitcoin.com

Alameda Research

Former CEO of crypto exchange FTX, Sam Bankman-Fried, has asked a judge in the U.S. to dismiss several charges against him filed after his extradition from the Bahamas. His lawyers insist that prosecutors have not obtained consent from Bahamian authorities for the additional counts. FTX’s Sam Bankman-Fried Urges Court to Drop Post-Extradition Charges Attorneys representing […]

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The Two Papa John’s pizzas ordered in 2010 now close to $1B mistake

Former US President Donald Trump Launches Second NFT Card Collection

April 18, 2023 Bitcoin.com

bitcoin.com

On April 18, former U.S. president Donald Trump announced a second series of his digital Trump card collection, following the “great success” of his initial non-fungible token (NFT) trading cards. Despite selling out rapidly, Trump stated on Truth Social that he maintained the initial card prices for the new collection. Trump Unveils Series 2 NFT […]

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The Two Papa John’s pizzas ordered in 2010 now close to $1B mistake

Former Deutsche Bank Investment Banker Charged With Crypto Fraud in US

April 14, 2023 Bitcoin.com

Altcoins

An investment banker formerly employed by Deutsche Bank has been charged with perpetrating a crypto-related fraud. The man from Brooklyn has been accused of misappropriating funds from victims whom he promised large returns on cryptocurrency investments in a Ponzi-like scheme. Ex-Deutsche Bank Investment Banker Arrested and Charged for Defrauding Crypto Investors Rashawn Russell, a 27-year-old […]

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The Two Papa John’s pizzas ordered in 2010 now close to $1B mistake

Trump Cards Jump Amid Indictment, Strong Quarter for NFT Market

April 2, 2023 Bitcoin.com

bitcoin.com

Sales of Donald Trump’s digital collectibles surged following the news of his indictment in New York on Thursday. Meanwhile, a report revealed that the market for non-fungible tokens (NFTs) has seen its strongest quarter since early last year, reaching a trading volume of $4.7 billion, despite a weaker March. Trump NFTs Spike as Former President […]

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The Two Papa John’s pizzas ordered in 2010 now close to $1B mistake

FTX’s Bankman-Fried Is Allegedly Using Alameda Funds to Pay for Legal Defense

March 29, 2023 Bitcoin.com

Alameda

According to two sources close to FTX, Sam Bankman-Fried, the disgraced co-founder, gave his father, Stanford Law professor Joseph Bankman, millions of dollars. The funds are reportedly being used to pay for legal costs. The sources said that Bankman-Fried allegedly gave “at least $10 million” from the now-defunct quantitative trading firm Alameda Research to his […]

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The Two Papa John’s pizzas ordered in 2010 now close to $1B mistake

Former FTX CEO Sam Bankman-Fried Faces New Bribery Charges for Alleged Crypto Payment to Chinese Officials

March 28, 2023 Bitcoin.com

Alameda Research

Sam Bankman-Fried (SBF), the former CEO of FTX, now faces a 13-count indictment as U.S. officials have added new charges. One of the new charges alleges that SBF leveraged $40 million to influence “one or more Chinese government officials.” Details of the Bribery Charges Against Sam Bankman-Fried Sam Bankman-Fried (SBF), the co-founder and former CEO […]

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The Two Papa John’s pizzas ordered in 2010 now close to $1B mistake

Former FTX Director Pleads Guilty to Charges of Fraud, Money Laundering, and US Campaign Finance Violations

February 28, 2023 Bitcoin.com

Alameda Research

Roughly 11 days ago, it was reported that Nishad Singh, the former director of engineering at FTX, was working with federal prosecutors to arrange a plea deal. On Tuesday, Singh pleaded guilty to criminal charges and stated, “I am unbelievably sorry for my role in all of this.” Singh Cooperating With Authorities in FTX Investigation; […]

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The Two Papa John’s pizzas ordered in 2010 now close to $1B mistake

Russian Founders of Defi Platform Forsage Indicted in $340 Million Crypto Ponzi Scheme

February 23, 2023 Bitcoin.com

bitcoin.com

Four Russians have been charged in the U.S. with operating a crypto pyramid and Ponzi scheme that defrauded investors of millions of dollars. If convicted, they would face a maximum penalty of 20 years in prison for their roles in the purportedly decentralized finance (defi) platform Forsage. Forsage Founders Charged With Running Cryptocurrency Pyramid A […]

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The Two Papa John’s pizzas ordered in 2010 now close to $1B mistake

Former FTX CEO Sam Bankman-Fried Faces New Charges in Multi-Billion Dollar Fraud Case

February 23, 2023 Bitcoin.com

Alameda Research

Sam Bankman-Fried (SBF), the disgraced co-founder of FTX, faces four more charges after a new indictment was unsealed on Wednesday. The charges include operating an unlicensed money transfer business and conspiring to commit bank fraud. SBF Gets 4 New Charges Tacked Onto His Indictment The former CEO of FTX was originally indicted 72 days ago […]

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The Two Papa John’s pizzas ordered in 2010 now close to $1B mistake