In 2013, Crater founder of My Big Coin Inc, located the corporate offices of the fake cryptocurrency and virtual payment services provider in Las Vegas. He scammed roughly 40 individuals out of about ...
Tag: Guilty
CEO of Titanium Blockchain Pleads Guilty to Securities Fraud
In a case stretching back as far as 2018, Michael Alan Stollery – the CEO of Titanium Blockchain Infrastructure Services (TBIS) – was accused of securities fraud by the SEC due to the way the ICO of h...
Titanium Blockchain’s CEO Pleas Guilty of ICO Fraud worth $21m
Michael Alan Stollery, CEO of Titanium Blockchain Infrastructure Services Inc. (TBIS), has admitted of involving multiple fraudulent accounts in a 2018 initial coin offering (ICO). In May 2018, Stolle...
Crypto CEO pleads guilty to ICO fraud, claimed Disney, Apple partnerships
A crypto CEO who fabricated links to Disney, Pfizer, and Apple in order to shill $21 million worth of his own company’s token pleaded guilty to securities fraud last week. 54-year-old Michael Alan Sto...
Titanium Blockchain CEO pleads guilty in $21M fraudulent ICO case
Titanium Blockchain founder and CEO Michael Alan Stollery pleaded guilty to conducting a fraudulent initial coin offering (ICO) touted to be worth $21 million. Stollery’s operation was unregistered an...
TBIS CEO Michael Stollery Pleads Guilty to 2018 Fraudulent ICO
3 hours ago | 2 mins read Bitcoin News As per DOJ, Stollery failed to properly register TBIS’s offering. It is anticipated that he will be sentenced on November 18, 2022. Titanium Blockchain Infrastru...
Crypto CEO Who Faked PayPal Partnership Pleads Guilty For $21M Fraud
Michael Alan Stollery faked Titanium’s business relationships with the Federal Reserve, PayPal and others, authorities say He used funds raised from the project’s ICO for credit card payments and bill...
Titanium Blockchain Chief Pleads Guilty In $21 Million Crypto Fraud Scheme: US Department of Justice
– Advertisement – CEO of fraudulent crypto firm pleads guilty to securities fraud. A press release by the US Department of Justice (DoJ) on Monday reveals that the CEO of Titanium Blockc...
Atlanta Film Producer Pleads Guilty to $2.5M Crypto Fraud
An Atlanta film producer has recently pleaded guilty to wire fraud and money laundering charges for promoting fraudulent crypto investment schemes that defrauded investors of over $2.5 million. Man Pl...
American Film Producer Pleads Guilty to $2.5M FLiK and CoinSpark ICO Fraud
The United States Department of Justice (DOJ) disclosed on Thursday that Ryan Felton, a 48-year-old film producer, pleaded guilty to the promotion of two fraudulent cryptocurrency schemes that led to ...
Bannon Found Guilty Of Contempt Of Congress—Could Face Two Years In Prison
Topline A Washington, D.C., jury found former White House chief strategist Steve Bannon guilty of contempt of Congress Friday over his failure to comply with a subpoena from the January 6 committee, w...
Alleged Buffalo Shooter Pleads Not Guilty In Federal Court As Attorneys Hope To Avoid Trial
Topline A white gunman charged with killing 10 Black people in a racially-motivated mass shooting at a Buffalo grocery store pleaded not guilty to federal hate crimes in New York federal court Monday,...
Kevin Spacey Pleads Not Guilty In U.K. Sexual Assault Case
Topline Actor Kevin Spacey pleaded not guilty to multiple sexual assault charges filed against him in the U.K. during an appearance at a London court on Thursday, a move which comes weeks after the ac...
Former Theranos COO Sunny Balwani found guilty of all charges
Ramesh “Sunny” Balwani, Theranos’ former chief operating officer, has been found guilty of all charges in his criminal trial. Balwani, whose trial began in March, was charged with ten counts of wire f...
Elizabeth Holmes’ Business Partner Sunny Balwani Found Guilty Of Fraud In Theranos Case
Topline Ramesh “Sunny” Balwani, the former Theranos executive who ran the disgraced blood testing company alongside Elizabeth Holmes, was convicted Thursday of fraud and conspiracy to commit wire frau...
Brittney Griner Pleads Guilty To Russian Drug Charges
Topline WNBA basketball star Brittney Griner pleaded guilty to drug charges in Russian court on Thursday, Reuters and Russian news agency Tass report, days after the trial began. WNBA basketball super...
Eric R. Holder Jr. Found Guilty Of Killing Rapper
Topline Eric R. Holder Jr. was convicted of first-degree murder Wednesday for killing rapper and activist Nipsey Hussle, according to multiple outlets, over three years after the West Coast hip-hop co...
Former Director For Corporate Law At Apple Pleads Guilty To Insider Trading
– Advertisement – Former Director For Corporate Law At Apple Pleads Guilty To Insider Trading. A statement by the District of New Jersey’s US Attorney’s Office on Thursday reveals that...
Canadian Netwalker Ransomware Hacker Pleads Guilty in US Court
A former Canadian government worker has pleaded guilty to charges of working for a ransomware gang that realized more than $50 million. Sebastien Vachon-Desjardins has entered into an agreement with U...
Former Trump Advisor Peter Navarro Pleads Not Guilty To Contempt Of Congress Charges
Topline Peter Navarro pleaded not guilty Friday to two charges of contempt of Congress over his refusal to cooperate with a House committee’s investigation of the Capitol attack of January 6, 2021, ac...
BitMEX’s Delo Will Not Face Prison After Guilty Plea
A spokesperson from Smith Villazor, the firm representing Delo, said, “We are pleased that the Court appropriately rejected the government’s cynical attempt to exaggerate the seriousness of the Bank S...
Reality TV stars Todd and Julie Chrisley found guilty on fraud, tax-evasion charges
ATLANTA — Todd and Julie Chrisley, stars of the reality television show “Chrisley Knows Best,” were found guilty Tuesday in Atlanta on federal charges including bank fraud and tax evasion. The Chrisle...
Localbitcoins User Pleads Guilty to Running Unlicensed Crypto Business — Faces Up to 5 Years in Prison – Regulation Bitcoin News
A cryptocurrency trader has been convicted in the U.S. for operating an unlicensed money-transmitting business using Localbitcoins and Paxful. He faces up to five years in federal prison and a possibl...
BitMEX Mastermind Arthur Hayes Pleads Guilty, Avoids Jail Time
The picture is getting clearer for BitMEX co-founder Arthur Hayes. The judge called what he did “a willful violation of the Bank Secrecy Act,” but he still got two years probation. Hayes will serve th...
Former Minneapolis Police Officer Pleads Guilty To Manslaughter In Killing Of George Floyd
Topline Former Minneapolis police officer Thomas Lane on Wednesday pleaded guilty to a charge of aiding and abetting second-degree manslaughter in the death of George Floyd, according to Minnesota’s O...
Russian Soldier Pleads Guilty To Killing Unarmed Civilian In Ukraine’s First War Crimes Trial
Topline A Russian soldier pleaded guilty Wednesday to killing an unarmed civilian during Ukraine’s first war crimes trial since Russia invaded the country in February, in what could be the first of ma...
Final former eBay employee involved in bizarre EcommerceBytes harassment case pleads guilty
Earlier this week, David Harville, one of seven former eBay employees involved in a 2020 campaign to harass the creators of a newsletter critical of the e-commerce company, pleaded guilty to five fede...
Mario Batali Found Not Guilty In Sexual Misconduct Trial
Topline Disgraced celebrity chef Mario Batali was found not guilty of indecent assault and battery Tuesday over a 2017 incident in which he was accused of groping a woman at a bar in Boston. Mario Bat...
Former BitMEX CEO Arthur Hayes Asks For No Jail Time After Pleading Guilty
Arthur Hayes, the former CEO and co-founder of cryptocurrency derivatives exchange BitMEX, who pleaded guilty to violating the United States Bank Secrecy Act, is asking the court for no jail time and ...
Ex-NYPD Officer Found Guilty Of Assaulting Cop During Jan. 6 Riot
Topline A retired member of the New York Police Department was convicted Monday of attacking a D.C. police officer with a flagpole during the January 6 riot, closing out the first jury trial for assau...
Alleged ‘Shadow Banker’ Reggie Fowler Pleads Guilty to Fraud in Crypto Capital Case
In brief Reggie Fowler was an operator of Crypto Capital. Crypto Capital helped get exchanges bank accounts, often through shell companies. Reginald Fowler, a former minority owner of the Minnesota Vi...
Chinese court rules marketplace guilty of minting NFTs from stolen artwork
A court in the Chinese city of Hangzhou issued a one-of-a-kind judgment against a nonfungible token (NFT) marketplace for allowing a user to create (or mint) NFTs of stolen artwork. As reported by Sou...