Three people indicted in $400 million FTX crypto hack conspiracy
Three people were indicted for an identity theft conspiracy that allegedly included the $400 million hack from FTX on the ...
Tag: Securities fraud
SEC charges ex-CEO of medical device company with fraud, says some devices were ‘just a piece of plastic’
The headquarters of the U.S. Securities and Exchange Commission (SEC) is seen in Washington, D.C., May 12, 2021.Andrew Kelly | ...
Four men indicted in $80 million ‘pig butchering’ scheme
Las Vegas Review-journal | Tribune News Service | Getty ImagesFederal prosecutors have disrupted a so-called pig-butchering scheme that cost victims ...
Binance CEO Changpeng Zhao pleads guilty to federal charges, steps down
Binance chief Changpeng Zhao pleaded guilty Tuesday to criminal charges and stepped down as the company's CEO as part of ...
Binance users pull over $1 billion from the exchange after CEO leaves, pleads guilty
Binance's Co-founder & CEO Changpeng Zhao speaks during the 2022 Web Summit in Lisbon, Portugal, on November 1, 2022. Ben Mcshane ...
Sam Bankman-Fried faces over 100 years in prison at sentencing. Experts weigh in on how much time he’ll actually get
A jury of twelve found FTX founder Sam Bankman-Fried guilty of all seven criminal charges brought against him. The question ...
Sam Bankman-Fried found guilty on all seven criminal fraud counts
A jury has found Sam Bankman-Fried guilty of all seven criminal counts against him. The FTX founder faces a maximum ...
Here’s what Sam Bankman Fried said in his first full day on the stand in his $8 billion fraud trial
Former FTX Chief Executive Sam Bankman-Fried, who faces fraud charges over the collapse of the bankrupt cryptocurrency exchange, walks outside ...
‘Phantom hacker’ scams that target seniors’ savings are on the rise, FBI says
South_agency | E+ | Getty ImagesThere has been a nationwide increase in "phantom hacker" scams, a type of fraud "significantly ...
UK’s embattled Metro Bank expected to struggle to raise capital with ‘no easy solutions’
The U.K.'s embattled Metro Bank has launched talks to sell a third of its mortgage book in an urgent attempt ...
