Bankman-Fried Acknowledges ‘Mistakes’ But Testifies He Did Not Defraud Anyone October 27, 2023 By Jody Godoy and Luc Cohen Sam Bankman-Fried, testifying in his own defense at his fraud trial on Friday, acknowledged that a “lot of people got...
New York Attorney General Sues Crypto Firms Gemini, DCG, Genesis for Alleged Fraud October 19, 2023 bankruptcybakruptNew York Attorney General Letitia James on Thursday sued cryptocurrency firms Genesis Global, its parent company Digital Currency Group (DCG)...
Bankman-Fried Was ‘Math Nerd’ Who Overlooked Risk Management October 5, 2023 By Luc Cohen and Jody Godoy Sam Bankman-Fried’s lawyer laid out his defense case at his fraud trial on Oct. 4, portraying the 31-former billionaire as...
FTX Sues Sam Bankman-Fried’s Parents to Claw Back Funds September 22, 2023 The managers of bankrupt crypto exchange FTX sued the parents of co-founder and former Chief Executive Officer Sam Bankman-Fried to...
Tornado Cash Founders Charged by US in Money Laundering Scheme August 25, 2023 By Bob Van Voris and Allyson Versprille Two founders of Tornado Cash, a cryptocurrency mixing service that has been under scrutiny by various US agencies for more...
Founder of Crypto Lender Celsius Network Arrested, Charged With Fraud July 13, 2023 By Niket Nishant, Hannah Lang and Elizabeth Howcroft Alex Mashinsky, the founder and former CEO of bankrupt cryptocurrency lender Celsius Network, was arrested and charged with fraud, a...
Coinbase Suit May Finally Send Crypto Debate to Supreme Court June 9, 2023 By Martina Barash and Chris Dolmetsch The SEC’s new lawsuit against Coinbase Global Inc. appears best positioned among cryptocurrency cases to let the US Supreme Court...
U.S. Tightens Crackdown on Crypto With Lawsuits Against Coinbase, Binance June 7, 2023 By Jonathan Stempel, Hannah Lang and John McCrank The top U.S. securities regulator sued cryptocurrency platform Coinbase on Tuesday, the second lawsuit in two days against a major...
SEC Sues Binance and Founder Zhao Over ‘Web of Deception’ June 6, 2023 By Hannah Lang, Jonathan Stempel and Tom Wilson U.S. regulators sued Binance and its CEO Changpeng Zhao on Monday for allegedly operating a “web of deception,” piling further...
No Way to Police All Cryptocurrency Fraud, CFTC Commissioner Says May 25, 2023 By Luc Cohen A top U.S. regulator said on Tuesday there is no way to police all cryptocurrency fraud because there is so...