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Nalezeno "allegations": 566

Lack of U.S. Crypto Laws Irrelevant to Bankman-Fried Allegations, DOJ Says

4.10.2023
The FTX founder’s fraud trial began selecting a jury Tuesday as lawyers spar about what evidence its members can see

Pond0x DEX Touts $100M Volume Amidst Scam Allegations

30.9.2023
Decentralized exchange (DEX) Pond0x has reportedly achieved a total trading volume exceeding $100 million despite scam allegations. In a recent post on X (formerly Twitter), the project's official channel referred to a Dune dashboard that displayed over $111 million in all-time trading volume...

Despite Facing Corruption Allegations, Senator Advocates for Stricter Crypto and Bitcoin Oversight

26.9.2023
U.S. Senator Robert Menendez (D-N.J.), a vocal critic of cryptocurrencies like Bitcoin, finds himself at the center of a political corruption scandal. Menendez has been charged with bribery, allegedly accepting a variety of illicit gifts, including gold, cash, and mortgage payments, in exchange...

Former FTX Law Firm Denies Role in Collapse; Challenges Allegations as ‘Fatally Deficient’ in Court Motion

26.9.2023
San Francisco-based law firm Fenwick & West LLP is denying allegations from FTX founder Sam Bankman-Fried that the firm provided legal advice enabling the alleged fraud that led to the cryptocurrency exchange’s collapse. In a recent court filing, Fenwick & West asserts the allegations...

FTX's former external legal team disputes involvement in fraud allegations

24.9.2023
In a recent court filing, a U.S. law firm that had previously offered services to FTX refutes allegations of assisting Sam Bankman-Fried in his alleged fraudulent activities

Clock Ticks Slower for Justin Sun and Rainberry: Court Grants Extension Amid SEC Allegations

24.9.2023
In the lawsuit pitched by the U.S. Securities and Exchange Commission (SEC) against Tron’s brainchild, Justin Sun, and his enterprise Rainberry, a judicial nod has been granted for an extended timeline for the defense. Sun now has until December 8, 2023, giving his attorneys a broader window...

The ‘Family Business’ — FTX Founder’s Parents Accused of Siphoning Millions From Bankrupt Exchange

19.9.2023
The parents of disgraced FTX founder Sam Bankman-Fried are being accused of misappropriating millions in customer funds from the now-bankrupt cryptocurrency exchange. The attorneys for Joseph Bankman and Barbara Fried firmly assert that the allegations are “completely false.”...

NFL Star Trevor Lawrence and Youtube Influencers Settle Allegations Over FTX Endorsements

16.9.2023
In a recent court document, Jaguars’ quarterback Trevor Lawrence and two others have chosen to settle allegations that they misled investors, leading to losses in the FTX collapse. Lawrence, among several high-profile endorsers of FTX, has not publicly revealed the terms of his settlement....

Worldcoin’s Tools for Humanity Claims to Have Invested Nearly $4.8 Million in Kenya

16.9.2023
Nearly $4.8 million has been used to fund cryptocurrency and blockchain education efforts in Kenya, the CEO of Tools for Humanity, Alex Blania, recently revealed. Blania also denied allegations that Worldcoin plans to sell users’ biometric data obtained via its eyeball-scanning orbs. More Funding...

Former Celsius Boss Alex Mashinsky Seeks Dismissal of FTC Lawsuit

13.9.2023
Alex Mashinsky, the former CEO of Celsius Network, has filed a motion to dismiss the Federal Trade Commission (FTC) lawsuit against him. In the motion, Mashinsky argues the FTC has failed to allege he violated any laws or rules. His lawyers say the FTC is not entitled to monetary relief and cannot...

Tornado Cash Co-Founder Pleads Innocence Amidst Money Laundering and Hacking Scandal

6.9.2023
On the 6th of September, 2023, the Inner City Press (ICP) delivered an account of the legal proceedings involving Roman Storm, one of the co-creators behind the ethereum (ETH) mixing protocol, Tornado Cash. In the courtroom drama that unfolded, Storm resolutely declared his innocence by pleading...

Gala Games founders biff over $130M theft, corporate waste allegations

4.9.2023
Gala co-founder Eric Schiermeyer allegedly enriched himself, says his founding peer Wright Thurston, while Schiermeyer says Thurston stole millions

PEPE price to zero? Pepecoin rug-pull allegations put memecoin at risk

29.8.2023
Some Pepecoin hopefuls eye a massive PEPE price rebound with on-chain data showing strong accumulation in recent days

Gemini Challenges SEC Lawsuit on Lending Program, Pushes for Oral Hearing

21.8.2023
Lawyers for cryptocurrency exchange Gemini have filed a motion seeking to dismiss a lawsuit brought against it by the U.S. Securities and Exchange Commission (SEC) over its Gemini Earn lending program. In the motion, Gemini argues the SEC has failed to plausibly allege that any securities laws were...

Former FTX Co-CEO Ryan Salame to Plead the Fifth, Declares Himself ‘Unavailable as a Witness’

15.8.2023
U.S. federal prosecutors have unveiled court documents indicating that ex-FTX CEO Sam Bankman-Fried (SBF) is entangled in a web of allegations, with illegal political campaign financing being a significant charge. In light of these allegations against SBF, Ryan Salame, FTX Digital Markets’...

Sam Bankman-Fried Faces New Allegations: DOJ Claims Stolen Funds Used for Political Donations

15.8.2023
Sam Bankman-Fried, former CEO of now-defunct crypto exchange FTX, is facing new allegations from the Department of Justice (DOJ), including the embezzlement of customer funds. According to an indictment filed on Monday, Bankman-Fried is accused of misappropriating and embezzling customer deposits...