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FTX Co-Founder Sam Bankman-Fried Seeks Retrial, Alleges Legal Errors
14.9.2024
Sam Bankman-Fried, co-founder of FTX, has filed an appeal against his conviction, arguing that key evidence was improperly excluded from his trial. His attorneys claim that legal errors denied him a fair trial and seek a retrial with a different judge. Sam Bankman-Fried’s Appeal Targets...
Kraken Seeks Jury Trial in SEC Lawsuit, Presents Defense Arguments
13.9.2024
Crypto exchange Kraken has demanded a jury trial in the case brought against it by the U.S. Securities and Exchange Commission (SEC), a court filing Thursday showed
Where To Find Elden Ring: Shadow Of The Erdtree's Flowerstone Gavel
27.6.2024
The Flowerstone Gavel is a Hammer that is only found in Elden Ring’s Shadow of the Erdtree expansion. You’ll have to defeat one of the game’s hardest bosses to obtain this weapon, but if its cool looks and unique Ash of War effect seem like something that would be beneficial to your build, you’ll...
Landmark Federal Case: Jury Declares Crypto Price Manipulation as Securities Fraud
27.6.2024
In a landmark federal case, two men were sentenced for manipulating the price of a cryptocurrency and defrauding investors, marking the first instance where “a jury in a federal criminal trial found that a cryptocurrency was a security and that manipulating cryptocurrency prices...
US Jury Convicts Two in $8M Crypto-Linked Dark Web Drug Scheme
29.5.2024
A federal jury in Salt Lake City convicted Oluwole Adegboruwa and Enrique Isong, foreign nationals, of multiple drug-related charges. From 2016 to 2019, they generated over $8 million in cryptocurrency, including bitcoin and ethereum. Adegboruwa operated under the names “King Odua”...
18 Years In Prison for NYC Woman Behind Bitcoin Terrorism Financing in Syria
1.5.2024
Victoria Jacobs, aka Bakhrom Talipov, was sentenced to 18 years in prison by a New York State court jury after being found guilty of funding Syrian terrorism through Bitcoin.
The post 18 Years In Prison for NYC Woman Behind Bitcoin Terrorism Financing in Syria appeared first on Cryptonews
Terraform Labs And Do Kwon Push For $1 Million SEC Fine Opposed To $5.8 Billion Demanded After Terra-Luna Crash
30.4.2024
Lawyers for Terraform Labs and its founder Do Kwon are pushing for a fine of $1 million as opposed to the United States Securities and Exchange Commission (SEC)’s proposed $5.3 billion, new court docs reveal. Kwon and the crypto company were found liable for the Terra-Luna collapse by a jury trial...
DOJ Counters Tornado Cash Developer Roman Storm’s Defense, Asserting Money Transmitting Operations
27.4.2024
The US DOJ has rejected Tornado Cash developer Roman Storm's motion to dismiss criminal charges, arguing that the defense's filing presented disputed facts that should be weighed by a jury rather than being resolved in an early-stage motion.
The post DOJ Counters Tornado Cash Developer Roman...
Jury Begins Deliberations in $110M Mango Markets Fraud Trial
17.4.2024
Crypto trader Avi Eisenberg’s fate now rests in the hands of 12 New York jurors, who have been tasked with deciding whether his October 2022 trades on Mango Markets – which netted him $110 million – were fair game or fraud
Do Kwon Extradition Case Sent Back To Lower Court In Montenegro
6.4.2024
The fate of Terra founder Do Kwon's extradition returns back to a lower court as a jury finds him guilty of fraud following the Luna crash of 2022.
The post Do Kwon Extradition Case Sent Back To Lower Court In Montenegro appeared first on Cryptonews
Terraform Labs and Former CEO Do Kwon Found Liable for Civil Fraud by Jury
5.4.2024
On Friday, Zack Guzmán, founder of Coinage Media, announced that Terraform Labs’ co-founder Do Kwon and his startup were deemed responsible for fraudulent activities in its legal battle against the U.S. Securities and Exchange Commission (SEC). The lawsuit spanned approximately two weeks....
New York Jury Finds Do Kwon, Terraform Labs Liable for Fraud in SEC Case
5.4.2024
The SEC accused Kwon and his company of misleading investors about the stability of their so-called “algorithmic stablecoin” Terra USD
Jury Begins Deliberations in Civil Fraud Case Against Do Kwon, Terraform Labs
5.4.2024
NEW YORK – Lawyers for the U.S. Securities and Exchange Commission (SEC) rested their case against Terraform Labs and its co-founder, Do Kwon, on Friday, releasing a New York jury to decide whether Kwon and his company are liable for allegedly misleading investors about the stability of Terra...
Former Terraform Employee Admits Writing False Posts From Kwon Made Him ‘Angry’
2.4.2024
Brian Curran, former head of communications at Terraform, told a Manhattan federal jury on Monday that spearheading public relations for the company made him “angry.”
The post Former Terraform Employee Admits Writing False Posts From Kwon Made Him ‘Angry’ appeared first on Cryptonews
Trial Against Terraform Labs And Do Kwon Begins In NYC Following Prison Release
25.3.2024
The United States Securities and Exchange Commission’s (SEC) trial against Terraform Labs founder Do Kwon is set to begin in New York on Monday. As jury selection gets underway, the trial formally marks the beginning of the United States' quest for justice against Kwon following the collapse...
How Many Years Will SBF Get? Jury's Out on Betting Platform Polymarket
25.3.2024
Plus: Tesla's delivery numbers will fall short of record, Kalshi traders signal; "Ghostbusters" fandom underestimated
IcomTech Ponzi Scheme Promoters Convicted in New York, Facing Two Decades in Prison
18.3.2024
David Brend and Gustavo Rogriguez, promoters of the fraudulent crypto mining and trading facility IcomTech, have been found guilty of conspiracy to commit wire fraud by a New York jury, a Friday press release from the United States Attorney's Office for the Southern District of New York states.
The...
UN Expert Panel Investigate $3B Worth North Korean Crypto Cyberattacks: Report
9.2.2024
An independent United Nations jury of sanctions monitors is conducting a probe into North Korea’s involvement in $3 billion worth cyberattacks on crypto firms. According to an unpublished UN report reviewed by Reuters, the monitors accused the Democratic People’s Republic of Korea (DPRK)...
Hydro Crypto Token Price Manipulation Convict Gets Jail Term
8.2.2024
A Florida federal jury convicted Hydrogen Technology Corp’s former head of financial engineering over crypto price manipulation conspiracy. The convict, Shane Hampton, allegedly orchestrated a months-long scheme to manipulate the price of Hydrogen Tech’s native crypto token – Hydro. The beleaguered...
SEC Pushes for Judge to Classify Crypto as Securities in Terraform Labs Case, Bypassing Jury
5.12.2023
The SEC pushes for a judge to determine if crypto assets qualify as securities in its court case against Terraform Labs. Image by dennizn, Adobe Stock. The Securities and Exchange Commission (SEC) urged a judge on Monday to decide whether certain cryptocurrencies qualify as securities in...