Cryptocurrency Fraud

A US judge on Wednesday temporarily barred FTX founder Sam Bankman-Fried from contacting current or former employees of the cryptocurrency exchange or his Alameda Research hedge fund, and from using encrypted messaging tools including Signal. The ruling by US District Judge Lewis Kaplan came after federal prosecutors in Manhattan said Bankman-Fri...

Randall Crater, founder of a now-defunct cryptocurrency business, was sentenced to more than eight years in prison for defrauding investors and customers out of millions of dollars by falsely marketing My Big Coin, a virtual currency. Crater, who was sentenced to 100 months in total and ordered to forfeit nearly $7.7 million (roughly Rs. 63 crore),...

Sam Bankman-Fried's bail guarantors' names should be made public, US District Judge Lewis Kaplan in Manhattan ruled on Monday. The former FTX CEO has been confined at his parents' home in California, after pleading not guilty to fraud for allegedly looting billions of FTX customers' dollars.

In October 2017, Ruja Ignatova boarded a plane in Sofia, Bulgaria, and vanished. She hasn't been seen since.

FTX could be looking into the possibility of reviving its business, Chief Executive Officer John Ray said in an interview on Thursday. Ray, who took over the reins in November, has set up a task force to explore restarting FTX.com, the company's main international exchange.

At one point, they had so much money that they bought cars for strangers and gave away 5000-pound vouchers to try to deal with the proceeds.

FTX informed creditors on Tuesday that $415 million (roughly Rs. 33,90 crore) in cryptocurrency was stolen from the collapsed exchange by hackers. The exchange's founder, Sam Bankman-Fried, faces fraud charges in the US after he was extradited from the Bahamas. FTX recently told a US bankruptcy court it recovered over $5 billion (roughly Rs. 40,850...

FTX founder Sam Bankman-Fried has been accused of stealing billions of dollars from FTX customers to pay debts incurred by his crypto-focused hedge fund, Alameda Research. Bankman-Fried has pleaded not guilty to fraud charges.

FTX's Sam Bankman-Fried, who is out on bail in the US, pleaded not guilty to US criminal fraud charges over the collapse of the crypto exchange on Tuesday. He faces charges of conspiracy, wire fraud, money laundering and election finance violations. New York judge Lewis Kaplan has set a tentative date of October 2 for the trial to begin.

Sam Bankman-Fried is said to be prepared to enter a plea of not guilty in the criminal fraud case at a Manhattan court on Tuesday. He is charged with cheating investors and looting billions of dollars at his now-bankrupt FTX cryptocurrency exchange. He was extradited to the US from the Bahamas last month, and was set free on $250 million bond

Sam Bankman-Fried is expected to enter an initial plea of not guilty to criminal charges that he cheated investors and looted billions of dollars at his now-bankrupt FTX cryptocurrency exchange, according to a source familiar with the matter.

The revelation that two of Sam Bankman-Fried's closest former associates had decided to cooperate with the government significantly ramped up pressure on the former billionaire.

Sam Bankman-Fried was extradited to the US from the Bahamas on Wednesday, while two of his former associates pled guilty to charges of fraud. Caroline Ellison, former CEO of Alameda Research, and Gary Wang, co-founder of FTX, decided to cooperate with the government in a move that will ramp up the pressure on the former CEO of the collapsed crypto ...

The Bahamas ordered Sam Bankman-Fried, the founder of collapsed cryptocurrency business FTX, to be extradited Wednesdayto face charges of fraud in New York.

Sam Bankman-Fried, the former CEO of collapsed crypto exchange FTX, has signed legal papers that clear the way for him to be extradited to the US to face charges of fraud, according to a Bahamas official. The exchange's founder initially told a Bahamas court he would contest extradition, but it was later reported that he planned to reverse his deci...

A US judge on Wednesday temporarily barred FTX founder Sam Bankman-Fried from contacting current or former employees of the cryptocurrency exchange or his Alameda Research hedge fund, and from using encrypted messaging tools including Signal. The ruling by US District Judge Lewis Kaplan came after federal prosecutors in Manhattan said Bankman-Fri...

Randall Crater, founder of a now-defunct cryptocurrency business, was sentenced to more than eight years in prison for defrauding investors and customers out of millions of dollars by falsely marketing My Big Coin, a virtual currency. Crater, who was sentenced to 100 months in total and ordered to forfeit nearly $7.7 million (roughly Rs. 63 crore),...

Sam Bankman-Fried's bail guarantors' names should be made public, US District Judge Lewis Kaplan in Manhattan ruled on Monday. The former FTX CEO has been confined at his parents' home in California, after pleading not guilty to fraud for allegedly looting billions of FTX customers' dollars.

In October 2017, Ruja Ignatova boarded a plane in Sofia, Bulgaria, and vanished. She hasn't been seen since.

FTX could be looking into the possibility of reviving its business, Chief Executive Officer John Ray said in an interview on Thursday. Ray, who took over the reins in November, has set up a task force to explore restarting FTX.com, the company's main international exchange.

At one point, they had so much money that they bought cars for strangers and gave away 5000-pound vouchers to try to deal with the proceeds.

FTX informed creditors on Tuesday that $415 million (roughly Rs. 33,90 crore) in cryptocurrency was stolen from the collapsed exchange by hackers. The exchange's founder, Sam Bankman-Fried, faces fraud charges in the US after he was extradited from the Bahamas. FTX recently told a US bankruptcy court it recovered over $5 billion (roughly Rs. 40,850...

FTX founder Sam Bankman-Fried has been accused of stealing billions of dollars from FTX customers to pay debts incurred by his crypto-focused hedge fund, Alameda Research. Bankman-Fried has pleaded not guilty to fraud charges.

FTX's Sam Bankman-Fried, who is out on bail in the US, pleaded not guilty to US criminal fraud charges over the collapse of the crypto exchange on Tuesday. He faces charges of conspiracy, wire fraud, money laundering and election finance violations. New York judge Lewis Kaplan has set a tentative date of October 2 for the trial to begin.

Sam Bankman-Fried is said to be prepared to enter a plea of not guilty in the criminal fraud case at a Manhattan court on Tuesday. He is charged with cheating investors and looting billions of dollars at his now-bankrupt FTX cryptocurrency exchange. He was extradited to the US from the Bahamas last month, and was set free on $250 million bond

Sam Bankman-Fried is expected to enter an initial plea of not guilty to criminal charges that he cheated investors and looted billions of dollars at his now-bankrupt FTX cryptocurrency exchange, according to a source familiar with the matter.

The revelation that two of Sam Bankman-Fried's closest former associates had decided to cooperate with the government significantly ramped up pressure on the former billionaire.

Sam Bankman-Fried was extradited to the US from the Bahamas on Wednesday, while two of his former associates pled guilty to charges of fraud. Caroline Ellison, former CEO of Alameda Research, and Gary Wang, co-founder of FTX, decided to cooperate with the government in a move that will ramp up the pressure on the former CEO of the collapsed crypto ...

The Bahamas ordered Sam Bankman-Fried, the founder of collapsed cryptocurrency business FTX, to be extradited Wednesdayto face charges of fraud in New York.

Sam Bankman-Fried, the former CEO of collapsed crypto exchange FTX, has signed legal papers that clear the way for him to be extradited to the US to face charges of fraud, according to a Bahamas official. The exchange's founder initially told a Bahamas court he would contest extradition, but it was later reported that he planned to reverse his deci...