Kang Jong-Hyeon along with two others charged with embezzlement and breach of trust. A warrant has been issued for the arrest of Kang Jong-Hyeon, the owner of Bithumb, South Korea’s largest crypto exc...
Tag: Prosecutors
Prosecutors seize SBF’s $50M deposit to small bank
Prosecutors seized just under $50 million belonging to FTX founder Sam Bankman-Fried (SBF) held in Farmington State Bank on Jan. 4, according to a Yahoo Finance (YF) report on Jan. 24. The total amoun...
US Prosecutors Eye Sam Bankman-Fried’s $400 Million Investment
Federal prosecutors probe Sam Bankman-Fried’s $400 million investment in hedge fund Modulo Capital, located on the same compound as FTX. The prosecutors are investigating whether Bankman-Fried investe...
Elizabeth Holmes Booked A One-Way Flight To Mexico After Fraud Conviction, Prosecutors Say
Topline Shortly after disgraced Theranos founder Elizabeth Holmes was convicted of fraud last year, she purchased a one-way trip to Mexico, prosecutors alleged Thursday in court documents opposing her...
Brian Walshe Searched ‘Best Ways To Dispose Of A Body’ On Day Wife Ana Walshe Disappeared, Prosecutors Say
Topline Brian Walshe pleaded not guilty Wednesday to charges of assault with intent to murder and unlawfully handling a dead body, as prosecutors unveiled evidence against him in the death of his wife...
Nexo investigation is not political, says Bulgarian prosecutors
Siika Mileva, a spokesperson for Bulgaria’s chief prosecutors, denied political motivations behind the probe against the crypto lending firm Nexo, according to local reports. The comments were made in...
Prosecutors in Bulgaria level serious charges on Nexo
The prosecutors belonging to Bulgaria have leveled serious charges against Nexo. This entity is a centralized crypto lender also belonging to the country itself. According to them, Nexo happened to ha...
Bulgarian Prosecutors Launch Action Against Crypto Crime In Sofia
Bulgaria launched a probe of crypto lender Nexo and raided its headquarters. Previously, Nexo offered up to 36% per year on their crypto staking. The company reaffirms its commitment to cooperate with...
Former FTX Director of Engineering Under Scrutiny by US Law Enforcement, Alleged Proffer Sessions Held With Prosecutors in New York – Bitcoin News
U.S. law enforcement officials are reportedly scrutinizing Nishad Singh, the former director of engineering at FTX, according to a report citing people familiar with the matter. Another report, publis...
US Prosecutors Probe Binance Hedge Fund Connections
Though the cryptocurrency market took a shift to the new year, CZ’s empire has been continually tested. Following Reuters, the Washington Post was the next top publication to set its sights on Binance...
US Prosecutors Subpoena Hedge Funds Linked to Crypto Exchange Binance
The US attorney’s office for the Western District of Washington in Seattle has subpoenaed a few investment firms asking them to provide records of their communications with Binance over the past few m...
Prosecutors investigate former FTX executive Nishad Singh: Bloomberg
Federal prosecutors are probing whether former FTX Director of Engineering Nishad Singh played any role in trading schemes that resulted in the illicit use of customers’ funds, Bloomberg first r...
Binance Exchange is Under Strict Scrutiny by U.S. Prosecutors – Here’s What’s Happening
The U.S. prosecutors are currently investigating the connection between Binance and American Hedge funds for possible violations of money-laundering rules and are under strict scrutiny by them. Subpoe...
Federal Prosecutors and SEC Probing Crypto Titan Digital Currency Group: Report
Federal authorities are reportedly investigating the internal finances of crypto giant Digital Currency Group (DCG). According to a new report by Bloomberg, anonymous sources familiar with the matter ...
Federal Prosecutors Subpoena Hedge Funds Over Binance
Federal prosecutors are investigating the largest crypto exchange Binance and have subpoenaed several hedge funds as part of its investigation, according to a Washington Post report. Seattle’s US atto...
Report Claims U.S. Prosecutors Investigate Hedge Funds in Connection with Binance Dealings – Bitcoin News
Federal prosecutors are reportedly investigating U.S.-based hedge funds that have dealt with the cryptocurrency exchange Binance, according to two people familiar with the matter. The hedge funds were...
Website Launched SBF victims: Prosecutors Urges for Emails
US prosecutors launched a website for SBF victims on Friday. Federal prosecutors are now to use only the website to contact victims. The US Attorney suggests more indictments to follow. In a compli...
US Hedge Funds In Prosecutors’ Gaze Over Binance Investments
Join Our Telegram channel to stay up to date on breaking news coverage The cryptocurrency industry has just flaked out of a disastrous 2022 but the space is still as messy as it was. This statement is...
US prosecutors subpoenaed hedge funds for records of Binance dealings
Over the past few months, the US attorney’s office for the Western District of Washington has issued subpoenas to hedge funds that interacted with Binance. The Washington Post reported citing sources ...
Hedge funds subpoenaed by U.S. prosecutors as Binance probe unfolds: Report
United States prosecutors are investigating hedge funds’ relationships with cryptocurrency exchange Binance for money-laundering violations. According to anonymous sources cited by the Washingto...
US Prosecutors Launches Website for SBF Victims
The US government has called for those who think they are affected by Sam Bankman-Fried’s (SBF) crimes to get in touch with the prosecutors in other to verify if they are victims. According to a Jan. ...
Federal Prosecutors in New York Probe Digital Currency Group and Subsidiary Genesis – Bitcoin News
Following accusations from Gemini co-founder Cameron Winklevoss in an open letter to Digital Currency Group CEO Barry Silbert, a report citing “people familiar with the matter” states that federal pro...
DCG Reportedly Under Investigations From US Prosecutors
Digital Currency Group (DCG) is now facing investigations from US authorities over its internal financial transactions, Bloomberg reported, citing people familiar with the matter. According to the rep...
Ex-FTX Lawyer Cooperated With US Prosecutors, Reuters Reports, Citing Source Familiar
A former lawyer of Sam Bankman-Fried’s bankrupt FTX crypto firm provided details of what he knew about the company’s dealings during a meeting with officials of the U.S. Department of Just...
U.S Prosecutors Probe Former FTX Engineer Nishad Singh; a Huge Blow To SBF?
United States federal prosecutors in Manhattan are closing in on SBF’s inner circle with the latest being Nishad Singh, a high-profile FTX director of engineering. If found guilty, Singh could be char...
Ex-FTX Lawyer Helped Prosecutors Build 8 Count Case Against Sam Bankman-Fried: Reuters
– Advertisement – Summary: Daniel Friedberg gave U.S. authorities insight into how Bankman-Fried diverted FTX customer funds to finance Alameda Research. Freidberg was contacted by FBI age...
Former FTX lawyer tipped off US prosecutors on SBF fund abuse: Reuters
Collapsed crypto exchange FTX’s former top lawyer, Daniel Friedberg, shared his knowledge of founder Sam Bankman-Fried’s use of customer funds with U.S. prosecutors. Friedberg joined a mee...
US Prosecutors Likely to Probe SBF’s Alameda-linked Accounts
2023 is here, but Sam Bankman-Fried’s (SBF) problems may not leave his side any time soon. As the United States authorities are planning to investigate against the accounts that may be linked with SBF...
Federal Prosecutors are Investigating SBF-Linked Wallets
Bloomberg reported that federal prosecutors are investigating certain crypto transactions linked to wallets associated with disgraced FTX founder Sam Bankman-Fried (SBF) and his bankrupt crypto tradin...
Prosecutors unlikely to offer Sam Bankman-Fried a favorable plea deal, says lawyer
Former FTX CEO Sam Bankman-Fried may not be able to offset the two counts of wire fraud and six counts of conspiracy he faces with the credits to be received if he enters a guilty plea instead of goin...