In US court, Terraform Labs co-founder Do Kwon says he will plead guilty to charges of conspiracy and wire fraud under an agreement with prosecutors
Terraform Labs Pte. co-founder Do Kwon pleaded guilty to charges in a US fraud prosecution tied to the $40 billion collapse of the TerraUSD stablecoin in 2022.
Crypto exchange Bybit says a hacker took control of one of its cold Ethereum wallets, resulting in what analysts estimate was the loss of ~$1.5B worth of tokens
- North Korean group Lazarus suspected by industry researchers — Prices of Ether, Bitcoin and other tokens decline after theft
ZachXBT: crypto exchange Bybit has experienced $1.46B worth of “suspicious outflows”; Bybit CEO confirms hacker took control of a cold ETH wallet
Cryptocurrency exchange Bybit has experienced $1.46 billion worth of “suspicious outflows,” according to blockchain sleuth ZachXBT.
Polymarket says the FBI seized CEO Shayne Coplan's phone and electronics; source: the DOJ is investigating Polymarket for allegedly accepting bets from US users
- Polymarket says FBI agents seized CEO's phone, electronics — Platform has taken recent measures to weed out US traders
Mango DAO, Mango Labs, and Blockworks Foundation agree to destroy MNGO tokens and ask crypto exchanges to stop trading them as part of an SEC settlement
a downside. • Proposals had a 3-day voting period, needing 2% of the token supply. • If the majority said AYE, it was implemented in 2 days. [image] @0xgoku_ : Amusingly, the Mango...
Mango DAO, Mango Labs, and Blockworks Foundation agree to destroy MNGO tokens and ask crypto exchanges to stop trading them as part of an SEC settlement
Mango DAO, Mango Labs and Blockworks Foundation agreed to settle charges with the U.S. Securities and Exchange Commission Friday.
US prosecutors say crypto exchange BitMEX pled guilty to one count of violating the Bank Secrecy Act by not having an adequate AML program from 2015 to 2020
US prosecutors say crypto exchange BitMEX pled guilty to one count of violating the Bank Secrecy Act by not having an adequate AML program from 2015 to 2020
- U.S. agencies are paying attention now, and they are aggressively reviewing those early practices, as we've seen again and again recently.
Binance sources and docs: an internal investigator, dismissed in late 2023, found evidence of secret internal trading accounts and DWF Labs' market manipulation
Former company insiders say the firing of an internal investigator showed that the crypto exchange neglected evidence of market manipulation.
A US judge sentences Sam Bankman-Fried to 25 years in prison for stealing from users of his now-bankrupt FTX crypto exchange and orders him to forfeit $11B+
Past 6 pm on December 29 … Matthew Russell Lee / Matthew Russell Lee's Newsletter : Aftermath: SBF Sentenced to 25 Years in Prison After Coin Flip and Presidential Aspirations Cite...
A US judge sentences Sam Bankman-Fried to 25 years in prison for stealing from users of his now-bankrupt FTX crypto exchange and orders him to forfeit $11B+
Past 6 pm on December 29 … Matthew Russell Lee / Matthew Russell Lee's Newsletter : Aftermath: SBF Sentenced to 25 Years in Prison After Coin Flip and Presidential Aspirations Cite...
SBF blamed top FTX executives on his second day of testimony, and lawyers disputed his answers using his own emails, DMs, tweets, and more; some were profane
- FTX founder Sam Bankman-Fried resumed his testimony on Monday as his criminal trial nears its end.
SBF blamed top FTX executives on his second day of testimony, and lawyers disputed his answers using his own emails, DMs, tweets, and more; some were profane
- FTX founder Sam Bankman-Fried resumed his testimony on Monday as his criminal trial nears its end.
In a testimony without the jury present, SBF says he followed the counsel of lawyers to make critical decisions around passing FTX customer money to Alameda
Former crypto billionaire blames lawyers as court hears first snippets of testimony without jury present
Sam Bankman Fried's lawyers say SBF plans to testify in his own trial when they start their case later this week, after damaging testimony from his inner circle
Filing: the US SEC drops charges alleging Ripple CEO Brad Garlinghouse and Chairman Chris Larsen aided and abetted the company in violating securities laws
How High Can It Soar? PYMNTS.com : SEC Drops Claims Against Ripple Executives Bhushan Akolkar / Coinspeaker : SEC Clears Ripple Executives of All Charges in Lawsuit, XRP Price Shoo...
Filing: the US SEC drops charges alleging Ripple CEO Brad Garlinghouse and Chairman Chris Larsen aided and abetted the company in violating securities laws
The regulator had included them as defendants in its securities violation case revolving around XRP transactions, and the agency now says it's just pursuing Ripple for damages.
The FTX estate floats an amended proposal to return up to 90% of creditor holdings, divided into three pools, and plans to formally file the plan by December 16
An amended proposal released early Tuesday will be filed by the FTX Debtors by mid-December if approved.
Caroline Ellison testifies that SBF “directed” her to commit crimes, like using FTX client funds for Alameda Research's venture investments and loan repayments
Ms. Ellison, who also dated Mr. Bankman-Fried, is the government's star witness in the criminal fraud trial of the founder of the FTX crypto exchange.
Caroline Ellison testifies that SBF “directed” her to commit crimes, like using FTX client funds for Alameda Research's venture investments and loan repayments
Ms. Ellison, who also dated Mr. Bankman-Fried, is the government's star witness in the criminal fraud trial of the founder of the FTX crypto exchange.