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fraud charges

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Coverage Timeline

2025-12-12
CoinDesk 39 related

A US judge sentences Terraform Labs co-founder Do Kwon to 15 years in prison; Kwon pleaded guilty to conspiracy and wire fraud charges in August

The Terraform Labs co-founder pleaded guilty to conspiracy and wire fraud in August.  —  NEW YORK — Terraform Labs co-founder Do Kwon …

2025-05-21
CoinDesk 18 related

The US SEC sues Unicoin and its executives, alleging they broke securities laws by raising $100M+ for crypto tokens falsely claimed to be backed by real estate

The U.S. Securities and Exchange Commission sued crypto company Unicoin and three executives on Tuesday night on fraud charges …

2025-01-09
CoinDesk 20 related

Do Kwon's criminal fraud trial in the US is scheduled for January 2026; prosecutors expect challenges accessing encrypted devices and translating communications

After the collapse of the crypto firm Terraform Labs, Inner City Press covered … Naga Avan-Nomayo / crypto.news : Do Kwon's fraud trial scheduled for 2026 Estefano Gomez / Crypto Briefing : Do Kwon's ...

2024-11-24
CNBC 5 related

Customers of banking startups like Yotta describe losing savings ranging from $7,000 to $200,000+ due to Synapse's collapse, after US regulators refused to help

Customers believed the accounts were backed by the full faith and credit of the U.S. government. … Augie Ray / @augieray@mastodon.social : For fifteen years, I've heard how traditional financial servi...

2024-11-20
The Block 14 related

A US judge sentences FTX co-founder Gary Wang to “time served”, meaning no jail time; Wang pleaded guilty in December 2022 to fraud charges after FTX collapsed

- Gary Wang pleaded guilty in December 2022 to fraud-related charges following the collapse of FTX a month earlier.

2024-08-20
Associated Press 48 related

Ex-Autonomy CEO Mike Lynch, who was acquitted on US fraud charges in June 2024, is among six missing after a superyacht sank off Sicily, per Italian authorities

A luxury superyacht carrying foreign tourists capsized and sank off the Italian island of Sicily in bad weather early Monday.

2024-03-06
The Block 22 related

A Montenegro appeals court cancels the approval of Do Kwon's extradition to the US, the third time the Terraform Labs co-founder has successfully appealed

For Now Sander Lutz / Decrypt : LUNA Pumps 77% as Do Kwon Evades Extradition—But the Gains Are Fading Brenda Ngari / ZyCrypto : Terra Creator Do Kwon Avoids Extradition To United States — Again Casey ...

2024-02-11
Reuters 24 related

New York Attorney General expands her October 2023 lawsuit against DCG, Genesis, and Gemini Trust, tripling the size of their alleged Gemini Earn fraud to $3B+

Claiming $3 Billion In Alleged Crypto Fraud Scheme Owotunse Adebayo / Cryptopolitan : New York demands $3 billion from DCG amid expanded lawsuit Jamie Redman / Bitcoin News : Court Filing Shows Genesi...

2023-11-04
TechCrunch 93 related

A jury finds Sam Bankman-Fried guilty on all seven counts of fraud and money laundering in the FTX trial; the judge sets SBF's sentencing for March 28, 2024

and what comes next Qadir AK / Coinpedia Fintech News : DOJ Cracks Down: Binance and Tether Face Terrorism Financing Charges PC Gamer : ‘The king of crypto’ found guilty of fraud, now faces decades in...

2023-10-29
Financial Times 28 related

SBF testifies that he only understood “pieces” of his companies' full financial state and was “very surprised” by FTX's $8B balance-sheet hole in October 2022

Bankman-Fried Testifies About FTX's Operations and Alameda The Block : SBF paints alternative view of his knowledge of the Fiat@ account in court Vinicius Barbosa / Finbold : FTX founder knew ‘basical...

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