Browsing Tag
Fraud
226 posts
FTX legal consultants turned over customer trading records to FBI
Multiple FBI offices have received data on FTX customer accounts from Alvarez & Marsal, a law firm advising…
Legal expert says FTX founder set for “double time” in prison
Crypto lawyer John E. Deaton opined that Sam Bankman-Fried is most likely to spend multiple decades in prison…
SBF trial day 17: Jury begins deliberation over Bankman-Fried verdict
On Nov. 2, Jury deliberation began in United States v Bankman-Fried over fraud allegations, conspiracy, and money laundering…
SEC charges SafeMoon and founders with crypto securities fraud
SafeMoon and executive team members like Kyle Nagy were indicted in the Eastern District of New York in…
SBF trial day 17: FTX founder pitched as a criminal and a victim in closing arguments
Attorneys for the government and defense delivered their closing arguments in United States v Sam Bankman-Fried, the trial…
SBF trial day 16: Judge Kaplan denies acquittal motion, closing arguments set for Nov. 1
Sam Bankman-Fried’s testimony concluded on Oct. 31 as prosecutors outlined inconsistencies in his statements and defense lawyers pointed…
FTX Africa ambassadors face violent threats from community
Brand ambassadors for FTX Africa are now facing life-threatening situations and public backlash following the platform’s financial collapse.
SBF trial day 15: “I was trying to help” FTX founder claims on third day of testimony
FTX’s founder stuck to his guns on who to blame for Alameda’s spending and use of customer funds…
Crypto industry observing unprecedented fraud scenarios
According to a recent Sumsub report, 2023 has been marked by increasing professionalization in fraud tactics, with 77%…
FTX founder Sam Bankman-Fried takes the stand: Recap of trial day 14
Former FTX CEO and Founder Bankman-Friend takes the stand today, blaming Caroline Ellison for poor management in Alameda…