28 mins ago | 2 mins read Bitcoin News The regulator claims no Coindeal transaction ever took place. The SEC said that the defendants collectively stole millions of dollars of investor monies. On Wed...
Tag: Charges
US SEC Charges 8 People and Businesses Linked to a $45 Million Crypto Scam
The US Securities and Exchange Commission (SEC) charged Neil Chandran and seven other individuals and entities for orchestrating the fraudulent cryptocurrency investment scheme called CoinDeal. The s...
Kazakhstan Crypto Miners Now Subject To Higher Electricity Charges
Bitcoin News The rate varies according to the cost and availability of the electricity needed to mine. Crypto farms that use renewable energy will likewise be awarded the lowest tariff. Cryptocurrency...
New York court charges 2 crypto ponzi scheme promoters
On Friday, the United States Attorney for the Southern District of New York, Damian Williams, charged two more Forcount Ponzi scheme promoters. Forcount was a Brazil-based cryptocurrency scam that def...
DOJ Files Charges Against Alleged Mutant Ape Planet NFT Rug Pull
The U.S. Justice Department announced Thursday it had arrested and filed criminal charges against the founder of an NFT project it alleges “rug pulled” holders and defrauded them of $2.9 million in cr...
SEC Charges Team Behind Coindeal Crypto Fraud That Promised 500,000 Times Investment Returns – Regulation Bitcoin News
The U.S. Securities and Exchange Commission (SEC) has charged the team behind Coindeal, a $45 million fraudulent crypto investment scheme. The regulator explained that the defendants falsely claimed t...
Coinbase Will Pay $50M Fine to New York Regulator to Settle Background Check Charges
“Today Coinbase and NYDFS have come to an agreement to settle a NYDFS investigation, disclosed in our 2021 annual 10K filing, into our historical compliance program,” wrote Paul Grewal, Co...
Founder Of Multi-Million Dollar NFT Rugpull ‘Mutant Ape Planet’ Facing Fraud Charges
Federal charges are coming down on a twenty-four year old NFT project developer who rug pulled his NFT collection, running off with nearly $3M in funds. It’s the latest federal pursuit of crypto rugpu...
CoinDeal members arrested on fraud charges, what’s next?
The U.S SEC charged six individuals and two companies related to the CoinDeal investment scheme. CoinDeal raised more than $45 million from unregistered securities sales, alleged the SEC. On 4 January...
SEC charges 8 people tied to CoinDeal scheme
The U.S. Securities and Exchange Commission has filed charges against eight individuals involved in a crypto scheme called CoinDeal, according to a Jan. 4 press release. The SEC said in its complaint ...
Former FTX CEO Sam Bankman-Fried Pleads Not Guilty to Criminal Charges, Bond Signees’ Names Remain Sealed – Bitcoin News
On Jan. 3, 2023, the former FTX CEO Sam Bankman-Fried (SBF) pleaded not guilty to eight criminal charges that involve two counts of wire fraud and six counts of conspiracy. In addition to the not guil...
Feds Move To Seize FTX’s Robinhood Shares As Sam Bankman-Fried Faces Fraud Charges
Topline Federal authorities have seized or are in the process of seizing more than $400 million worth of Robinhood Markets shares tied to bankrupt cryptocurrency firm FTX, a Justice Department prosecu...
SEC charges eight for $45 million blockchain fraud scheme
The U.S. Securities and Exchange Commission has charged eight individuals and businesses for the alleged sale of unregistered securities via the blockchain tech firm CoinDeal. The accused are N...
SBF pleads ‘Not Guilty’: Denies all 8 Charges
Sam pleaded ‘Not Guilty’ for all eight allegations. Caroline Ellison and Gary Wang had already pleaded ‘Guilty’ and could now be witnesses. The FTX case is going at a speedy pace compared to other W...
FTX founder Sam Bankman-Fried pleads not guilty to all eight charges
Join Our Telegram channel to stay up to date on breaking news coverage The founder of FTX, Sam Bankman-Fried, has pled not guilty to all the charges facing him because of the collapse of his crypto em...
SEC Charges Former African Gold Acquisition Corp CFO for Setting up $5M Fraud Scheme
The Securities and Exchange Commission (SEC) recently charged a former Chief Financial Officer (CFO) of African Gold Acquisition Corp, Cooper J. Morgenthau, with spearheading a $5 million fraud scheme...
SEC files charges against CFO who embezzled money to invest in crypto
The U.S. Securities and Exchange Commission has filed fraud charges against a CFO who embezzled funds to invest in crypto, according to a Jan. 3 press release. The accused — Cooper J. Morgenthau — ser...
Sam Bankman-Fried Pleads Not Guilty To Criminal Charges
Former CEO of the bankrupt crypto exchange FTX, Sam Bankman-Fried, has pleaded not guilty to charges brought against him by U.S. authorities. Bankman-Fried was appearing before a judge in the U.S. Di...
Breaking: FTX’s Sam Bankman-Fried (SBF) pleads not guilty for all charges
Sam Bankman-Fried plead not guilty to all 8 criminal counts The trial hearing will begin towards the end of this year, in the month of October His appeal to conceal the identities of the co-signers of...
Bithumb’s Owner Found not Guilty on Charges of Fraud (Report)
The Seoul Central District Court reportedly ruled that the owner and former Chairman of the South Korean cryptocurrency exchange – Lee Jung-hoon – has not defrauded Kim Byung-gun for 112 billion won (...
Bankman-Fried pleads not guilty to criminal charges
Disgraced former FTX CEO Sam Bankman-Fried pleaded not guilty to fraud charges in a New York federal court on Tuesday. Bankman-Fried faces multiple charges, including wire fraud and campaign fin...
Sam Bankman-Fried pleads not guilty to fraud charges in New York
Former FTX chief executive Sam Bankman-Fried (C) arrives to enter a plea before US District Judge Lewis Kaplan in the Manhattan federal court, New York, January 3, 2023. Ed Jones | AFP | Getty Images...
Bithumb Founder Acquitted of Fraud Charges, Dodges Jail Time
Bithumb founder Lee Jung-hoon, who was on trial for allegedly defrauding $70 million, was declared not guilty and dodged a hefty jail sentence. Local media reports confirmed that the executive was acq...
Sam Bankman-Fried Will Plead Not Guilty to Fraud Charges, Faces 115 Years if Convicted: Report
FTX founder Sam Bankman-Fried will reportedly plead not guilty to fraud charges relating to the collapse of the crypto exchange late last year. According to a report from Reuters, Bankman-Fried will e...
Trump’s Republican Critics Lash Out On Morning Shows — With Calls For Criminal Charges And Alternative Candidates For 2024
Topline Two outspoken Republican Trump critics had harsh words Sunday for the former president as he makes his second bid for the White House, with Arkansas Gov. Asa Hutchinson saying the January 6 ri...
Sam Bankman-Fried Expected to Plead Not Guilty on FTX Fraud Charges
Disgraced FTX founder Sam Bankman-Fried is expected to enter a plea ofd “not guilty” next week as he faces eight federal charges in the Southern District of New York related to the downfal...
Sam Bankman-Fried to reportedly plead not guilty to criminal charges
Former FTX CEO Sam Bankman-Fried (SBF), currently free on a $250 million bail bond, will reportedly plead not guilty to the alleged FTX and Alameda-related financial frauds in court on Jan. 3. SBF was...
Mango Markets $110M Exploiter Arrested, Faces Charges in New York
Cryptocurrency investor Avraham Eisenberg has been arrested in Puerto Rico on charges of commodities fraud and manipulation for allegedly stealing more than $100 million from decentralized finance (De...
Mango Markets Hacker Arrested on Fraud & Manipulation Charges
The United States Department of Justice announced the arrest of Mango Markets exploiter Avraham Eisenberg in Puerto Rico. Eisenberg is accused of carrying out the $110 million Mango Markets crypto exc...
Mango Markets exploiter arrested on fraud charges
The crypto trader behind the $110 million exploit of decentralized exchange Mango Markets has been arrested in Puerto Rico — and charged with market manipulation and fraud. According to a previously s...
Nigerian Security Agency Seeks to Arrest Central Bank Governor on Charges of Funding Terrorists – Coinotizia
The Nigerian security agency, the Department of State Services (DSS), has reportedly instructed its operatives to arrest the Central Bank of Nigeria governor Godwin Emefiele as soon as he is seen in p...