The US prosecutors were looking into Signature Bank’s dealings with crypto clients when regulators abruptly shut down the institution on March 12. The regulators said that keeping the bank open would ...
Tag: Criminal
Signature Bank Was Under Criminal Investigation Before Its Collapse: Report
Crypto-friendly Signature Bank was under criminal investigation by U.S. authorities over its anti-money laundering practices before its sudden collapse over the weekend, Bloomberg reported Wednesday, ...
Trump Denies Affair With Stormy Daniels—As He Could Reportedly Face Criminal Charges In Hush-Money Scheme
Topline Former President Donald Trump denied having an affair with adult film star Stormy Daniels and attacked her appearance in a lengthy statement issued through his campaign, hours after reports em...
SBF’s lawyers signal need to push back October criminal trial
Lawyers representing FTX founder Sam Bankman-Fried have flagged it may be necessary to delay the criminal trial for the former crypto exchange executive — to give him more time to prepare his defense....
Former FTX Engineering Director Nishad Singh Pleads Guilty to Criminal Charges: Reuters
Join the most important conversation in crypto and web3! Secure your seat today Former FTX Director of Engineering Nishad Singh pleaded guilty to six criminal charges in a New York court on Tuesday. S...
Sam Bankman-Fried Hit With New Criminal Charges Over Political Donations
Prosecutors today hit disgraced crypto mogul Sam Bankman-Fried with new criminal charges relating to political donations he made while running the now collapsed digital asset exchange FTX. A supersedi...
Former FTX CEO faces 12 criminal charges
The federal court who is presiding over the prosecution of the former chief executive officer of FTX, Sam Bankman-Fried, has given the order for a superseding indictment to be disclosed. This indictme...
Sam Bankman-Fried Slapped With 4 New Criminal Charges After FTX Fallout
Disgraced FTX founder Sam Bankman-Fried (SBF) is under yet another layer of legal pressure after a judge unsealed a superseding 12-count indictment against him on Thursday. The filing adds 4 new char...
Sam Bankman-Fried faces new criminal charges including conspiracy to commit bank fraud
Legal • February 23, 2023, 9:55AM EST FTX founder Sam Bankman-Fried is facing new criminal charges after a judge unsealed a new 12-count indictment against him on Thursday, months after the former cry...
Bankman-Fried Hit With Four New Criminal Charges Alleging Illegal Political Donations And Bank Fraud
Topline Former billionaire Sam Bankman-Fried, the founder of befallen crypto exchange FTX, has been charged with four new criminal counts including allegations of illegal political donations and bank ...
Trump Calls Georgia Criminal Investigation ‘Kangaroo Court’ After Juror Gives Interview About Forthcoming Indictments
Topline Former President Donald Trump slammed the Georgia special grand jury investigating his alleged efforts to overturn the 2020 presidential election, claiming the jury’s indication it will recomm...
Former FTX exec Nishad Singh plans to plead guilty to criminal charges: Bloomberg
Legal • February 17, 2023, 2:43PM EST A third former FTX executive is preparing to plead guilty to criminal charges, Bloomberg reported. Nishad Singh, the former director of engineering at FTX, ...
Judge Halts SEC, CFTC Cases Against Bankman-Fried Until Criminal Trial Concludes
Civil proceedings from the SEC and CFTC against disgraced crypto founder Sam Bankman-Fried have been deferred until the former CEO’s criminal case is concluded. On February 7, U.S. Attorney for the So...
Former Gemini executives faced criminal investigation in 2022: Report
Gemini’s former executives faced a criminal investigation last year. The probe was based on a civil case brought by the Commodities and Futures Trading Commission (CFTC). Two former executives at cry...
Sam Bankman-Fried’s Court Battle With SEC and CFTC To Be Delayed Until DOJ’s Criminal Case Concludes: Report
A US judge is putting two federal regulators’ civil lawsuits against the former CEO of bankrupt crypto exchange FTX on pause until the U.S. Department of Justice (DOJ) concludes its criminal case agai...
SEC and CFTC Lawsuits Against Former FTX CEO Paused Until Criminal Proceedings Conclude – Bitcoin News
Two civil lawsuits, stemming from the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), against former FTX CEO Sam Bankman-Fried will be paused until h...
US Judge Halts CFTC and SEC Lawsuits Against SBF Until After Criminal Trial
United States District Judge Kevin Castel has approved the Justice Department’s request to stay the civil lawsuits filed by the Securities and Exchange Commission (SEC) and the Commodity Futures Tradi...
CFTC, SEC cases against Bankman-Fried to be pushed back until criminal case ends
Civil cases brought by U.S. regulators against former FTX CEO Sam Bankman-Fried can be pushed back until after a criminal case concludes, a judge decided Monday. Damian Williams, U.S. Attorney ...
Binance Alleged to Have Had Ties to Bitzlato, a Now Defunct (Criminal) Exchange
Just yesterday, Live Bitcoin News put out an article talking about a Russian crypto executive running an unlicensed money transmitting business. Known as Bitzlato, the crypto exchange was an unregiste...
The Bourbon That Can Sell For Over $50,000—And Inspire Criminal Activity
Topline When some Oregon officials were accused this week of pulling strings to purchase bottles of Pappy Van Winkle bourbon, it was only the latest story of extreme measures people have taken to try ...
Former Coinbase product manager pleads guilty to criminal charges in landmark case
A former Coinbase product manager pleaded guilty on Tuesday to wire fraud charges in a criminal case brought against him. The Justice Department indicted Ishan Wahi in July, alongside his broth...
Trump Faced Racketeering Probe For ‘Pattern Of Criminal Activity,’ Ex-Prosecutor Reportedly Writes In New Book
Topline Former Manhattan prosecutor Mark Pomerantz pursued a sprawling racketeering investigation against former President Donald Trump, who he likens to infamous mob boss John Gotti in a new book tha...
Bankman-Fried sought ‘constructive relationship’ with criminal case witness
Prosecutors shared copies of Sam Bankman-Fried’s messages to FTX CEO John Ray III and an unnamed witness in new court documents on Monday, as lawyers seek to restrict the FTX founder’s communication w...
U.S. Designates Mercenary Wagner Group—Accused Of Funneling North Korean Weapons To Russia—A ‘Transnational Criminal Organization’
Topline The U.S. Department of Treasury is planning to designate the military company the Wagner Group a “transnational criminal organization,” White House Strategic Communications Coordinator John Ki...
Nouriel Roubini (Dr Doom) at WEF Says Crypto is a Criminal Activity, & CZ is ‘a Walking Time Bomb’
– Advertisement – Roubini slams cryptocurrencies again at the WEF event in Switzerland. In the wake of the collapse of the crypto exchange FTX, renowned economist professor Nouriel Roubini...
$4.1 M stolen by Chinese Criminal from Victim’s Car
The victim was attending a gathering of crypto investors. The attacker restrained him in the parking lot and made him transfer $4.1 million to his wallet. A warrant has been issued; further investig...
Brother of Criminal Bitcoin Mixing CEO Pleads Guilty to Stealing 712 Bitcoins From IRS
He also “spent bitcoin extravagantly” at strip clubs and on private jet flights. Photos recovered from his cell phone show a lavish evening out at a club: Gary bathing in a tub full of cash, a blissfu...
Chinese criminal steals $4.1M in crypto from victim’s car
An attacker used a crypto investor’s facial ID to unlock his wallet by force and transferred $4.1 million to his own address in China on Jan.1, as reported by local news outlets. The attacker located ...
Sam Bankman-Fried’s lawyers claim he needs Robinhood shares ‘to pay for his criminal defense’
The legal team for former FTX CEO Sam Bankman-Fried has filed a motion in an effort to stop the exchange’s debtors from controlling more than $450 million worth of shares of Robinhood. In a Jan. 5 cou...
SBF comments on FTX’s fate; Nexo faces criminal allegations
The biggest news in the cryptoverse for Jan. 12 saw former FTX CEO Sam Bankman-Fried comment on a possible FTX recovery and tell his side of the story. Elsewhere, Nexo has been accused of financial cr...