The founders and promoters of multimillion-dollar cryptocurrency Ponzi scheme Airbit Club have pleaded guilty to various criminal charges. Airbit Club victims were promised “guaranteed daily returns o...
Tag: Plead
Operators of AirBit Plead Guilty to $100M Crypto Ponzi Scheme
The United States Attorney for the Southern District of New York announced that a total of six executives of the cryptocurrency Ponzi scheme AirBit Club have pleaded guilty for their roles in an inter...
Execs Of Fake Crypto Trading Firm Plead Guilty To $100 Million Ponzi Scheme
Six executives of the Ponzi scheme AirBit Club have admitted their guilt in a fraud and money laundering scheme that allegedly bilked victims out of $100 million, according to prosecutors. On March 8...
Airbit Club Founders, Lawyer Plead Guilty to $100M Fraud Scheme
Airbit Club was a global scam in which promoters hosted “lavish expos” and community presentations throughout the U.S., Asia, Latin America and Eastern Europe, and convinced victims to invest in “memb...
Another SBF Close Associate Wants to Plead Guilty in FTX Fraud Case: Report
Nishad Singh, the former head of engineering at bankrupt crypto exchange FTX, is close to striking a plea deal with federal prosecutors in the ongoing case against the exchange and its execs. Accordin...
Former FTX Exec Nishad Singh Reportedly To Plead Guilty
Exchange News Singh used to be the head of engineering and was considered to be in SBF’s inner circle. SBF, on the other hand, is the only one of the defendants to enter a not-guilty plea. It has been...
Former FTX exec will plead guilty to federal charges with a deal: Report
Nishad Singh, the co-founder and former chief engineer of bankrupt crypto exchange FTX, is working on a plea deal with prosecutors, Bloomberg reported on Feb. 17. The deal, which would see the 27-year...
Former FTX executive Nishad Singh reportedly plans to plead guilty
Former FTX executive Nishad Singh is reportedly planning to plead guilty to criminal charges. Singh may face separate charges filed by the SEC and CFTC. Nishad Singh, the former head of engineering at...
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, ...
Fake billionaire Justin Costello could plead guilty in fraud case
A former fugitive accused of falsely telling investors he was a billionaire, a Harvard MBA, and a special forces veteran appears set to plead guilty on Wednesday in connection with an alleged $35 mill...
Why Did Sam Bankman-Fried Plead Not Guilty?
Further, while crypto-centric observers may see him as some exceptionally influential string-puller in Washington, the truth is that in the grand scheme of political clout, Sam Bankman-Fried is a John...
Sam Bankman-Fried has no plans to plead guilty: new interview
In a recent interview with Tiffanny Fong, Sam Bankman-Fried revealed that he has no plans of pleading guilty to allegations that stipulate his fraud acts led to the collapse of renowned firm FTX. SBF ...
Sam Bankman-Fried expected to plead ‘not guilty’ — but why?
Sam Bankman-Fried (SBF), the founder of now-bankrupt FTX and Alameda Research, is reportedly expected to plead not guilty at his arraignment for eight charges including wire fraud, conspiracy to commi...
FTX Collapse: Bankman-Fried May Plead Not Guilty
Sam Bankman-Fried will start 2023 as he ended 2022 — in court. The fallen former king of crypto is at the heart of one of the biggest scandals that the young blockchain-powered financial servic...
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...
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...
FTX Founder May Plead ‘Not Guilty’
Disgraced FTX founder Sam Bankman-Fried is expected to plead not guilty to the charges against him, Wall Street Journal reported. According to the report, the FTX founder is not planning to go down ea...
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...
Sam Bankman-Fried to plead guilty in FTX fraud case
Sam Bankman-Fried, the once-lauded CEO of cryptocurrency exchange FTX, is expected to plead guilty next week to a slew of criminal charges. According to court documents, Bankman-Fried stands accused o...
Bankman-Fried May Plead Next Week Before Judge Lewis Kaplan In NY Federal Court
According to a report published by Reuters on December 28 that cited court records, former CEO of the FTX cryptocurrency exchange Sam Bankman-Fried is scheduled to appear in court on the afternoon of ...
FTX Co-Founders Plead Guilty And More
A plea deal comes to the rescue of disgraced former CEO of Alameda Research, Caroline Ellison. In exchange for pleading guilty to federal fraud charges, Ellison will be granted leniency in her own cas...
Crac FTX: SBF out of jail
Sam Bankman-Fried was arrested by Bahamian authorities a couple of weeks ago in connection with the FTX crash, whereas yesterday he was extradited to the United States, the question is, did he plead g...
FTX’s SBF Bags $250 Million Bail, Could Face up to 100 Years in Jail as Close Associates Plead Guilty ⋆ ZyCrypto
Advertisement     Following his extradition from Bahamas prisons, disgraced FTX boss Sam Bankman-Fried made his first appearance yesterday at the New York Southern Dis...
FTX Co-Founders Plead Guilty To Fraud Charges
Caroline Ellison, former CEO of Alameda Research and Sam Bankman-Fried’s co-founder for FTX, has pleaded guilty to federal fraud charges as part of a deal for leniency in her own case. The plea ...
FTX, Alameda execs plead guilty to fraud charges: Community responds
In the newest update to the FTX saga, former Alameda Research CEO Caroline Ellison and former FTX co-founder Gary Wang plead guilty to fraud charges and are currently helping with the investigation of...
FTX’s Gary Wang and Alameda’s Caroline Ellison plead guilty to DOJ charges
FTX co-founder Gary Wang and former Alameda Research CEO Caroline Ellison have both pleaded guilty to several charges related to their role in the eventual collapse of cryptocurrency exchange FTX. The...
Bad news for Bankman-Fried as Ellison and Wang plead guilty
Former chief exec of Alameda Research, Caroline Ellison, has entered a plea deal with the Southern District of New York, along with FTX’s co-founder Gary Wang. Former FTX chief Sam Bankman-Fried has n...
FTX associates Caroline Ellison, Gary Wang plead guilty to criminal charges
Two individuals associated with FTX have pled guilty to criminal charges, according to a statement from the Southern District of New York on Dec. 21. Damian Williams, U.S. attorney for the Southern Di...
Former Alameda Research CEO and FTX CTO plead guilty in US court
According to the latest statement by U.S. attorney Damian Williams, ex-FTX CEO Sam Bankman-Fried’s “associates” plead guilty to criminal charges in the United States District Court for the Southern Di...
FTX, Alameda Execs Plead Guilty to Fraud, Released On Bail
Former Alameda Research CEO Caroline Ellison and FTX co-founder Gary Wang have pleaded guilty to federal criminal charges over their role in fraud which contributed to FTX’s implosion. US attorn...
Caroline Ellison and Gary Wang plead guilty to fraud charges
Former Alameda Research CEO Caroline Ellison and FTX co-founder Gary Wang have pleaded guilty to federal fraud charges and are cooperating in the Justice Department’s investigation of the former...