A US judge sentences ex-Amazon security engineer Shakeeb Ahmed to three years in prison for stealing $12.3M+ from Nirvana and another crypto exchange in 2022
and forfeiture of all the stolen crypto — is the inevitable consequence of such destructive hacks." Wu Blockchain / @wublockchain : SHAKEEB AHMED was sentenced today by a U.S. District Judge to three ...
The US DOJ charges crypto exchange KuCoin and two co-founders with violating anti-money laundering laws, failing to register with the US government, and more
a big crypto exchange—charged criminally https://www.justice.gov/... @cftc : .@CFTC Charges KuCoin with Operating Illegal Digital Asset Derivatives Exchange: https://www.cftc.gov/... @tmnxeq : this co...
US v. SBF: Nishad Singh says SBF used customer funds for spending sprees that “reeked of excess” and he learned of an $8B hole two months before FTX collapsed
before it all crashed Luc Cohen / Reuters : Sam Bankman-Fried directed political donations despite $13 bln ‘hole’, ex-colleague testified Michael Grullon / Watcher Guru : FTX Trial: SBF Used Stolen Fu...
The SEC sues Binance and CEO Changpeng Zhao, accusing the company of mishandling billions in customer funds, lying to regulators and investors, and more
Can Pence stand with — and apart — from Trump? Tyler Pearson / DL News : Crypto traders lose $320m in Binance-driven plunge, judge allows bankrupt Genesis mediation extension Christian Encila / NewsBT...
[Thread] A look at a report from FTX debtors on the company's control failures, like awful recordkeeping, lying about using cold wallets, and sloppy key storage
Document #1242, Attachment #1 Mark Timmis / Coinmonks : Curious Cryptos' Commentary 10th April 2023 — FTX FTX : FTX Debtors Release Report on FTX Group's Control Failures Martin Young / Cointelegraph ...
Crypto lender Genesis Global files for Chapter 11 bankruptcy in New York, listing the estimated range for both assets and liabilities as between $1B and $10B
the parent company of Genesis - continue to refuse to offer creditors a fair deal. Fred Walton / @fredwalton216 : 1) Crypto thread on January 19. DCG allegedly has received offers for CoinDesk exceedi...
Sam Bankman-Fried publishes a Substack post offering his account of how FTX collapsed, sticking to his claims of innocence even after ex-executives pled guilty
think there shouldn't be a paying option anymore... Dave Weisberger / @daveweisberger1 : https://www.wsj.com/... It is tiresome to read SBF's half truths. 1/ His claims about Binance are ludicrous. Th...
In an open letter, Cameron Winklevoss accuses Digital Currency Group CEO Barry Silbert of engaging in “bad faith stall tactics” after Genesis halted withdrawals
Founder and CEO of Digital Currency Group Vignesh Karunanidhi / Watcher Guru : Cameron Winklevoss Accuses Barry Silbert of “Bad Faith Stall Tactics” Walter O'Leary / LinkedIn : Walter O'Leary on Linke...
Plea hearing court transcript: Caroline Ellison said she and Sam Bankman-Fried knowingly misled investors, lenders, and customers that Alameda borrowed from FTX
bond packages only require around 10-15% of the total amount to be paid. Teflon Tom / @agrizzi8 : This case offers an insight into the world of crypto. Rather than accidental, the fraud and other crim...
Sources: the SEC and CFTC are investigating FTX.com over handling customer funds and its relationship with other parts of Sam Bankman-Fried's empire
US financial regulators are investigating whether beleaguered crypto-exchange FTX.com properly handled customer funds … Tweets: @autismcapital , @hunterwalk , @johnedeaton1 , @clemenchiang , @clemench...