Showing 1 - 10 of 28
Montenegro to extradite crypto entrepreneur Do Kwon to US
AFP, Published on 28/12/2024
» BELGRADE - Montenegro said Friday it will extradite to the United States the South Korean cryptocurrency specialist Do Kwon, who is also wanted by Seoul for the multi-billion-dollar bankruptcy of his company, Terraform Labs.
Binance to pay billions in US in money laundering case, CEO resigns
AFP, Published on 22/11/2023
» WASHINGTON - Binance chief executive Changpeng Zhao pleaded guilty Tuesday to US money laundering violations, in a deal that will see the cryptocurrency exchange he founded pay over $4 billion in penalties.
Ex-crypto tycoon found guilty on all counts at fraud trial
AFP, Published on 03/11/2023
» NEW YORK - Former crypto tycoon Sam Bankman-Fried was found guilty Thursday by a New York jury on all seven counts of fraud, embezzlement and criminal conspiracy.
Visions of Bankman-Fried clash in US trial closing arguments
AFP, Published on 02/11/2023
» NEW YORK - Prosecutors and defense lawyers set out their competing visions of cryptocurrency's former golden boy Sam Bankman-Fried in the closing arguments of his blockbuster trial on Wednesday.
Bankman-Fried struggles in final day of court testimony
AFP, Published on 01/11/2023
» NEW YORK - Former crypto tycoon Sam Bankman-Fried struggled on Tuesday to explain his behavior during the last days of his FTX empire, as prosecutors shone a light on his willingness to take massive risks.
Star witness at US crypto trial says Bankman-Fried ordered fraud
AFP, Published on 11/10/2023
» NEW YORK - Disgraced crypto wunderkind Sam Bankman-Fried was the mastermind behind a scheme to defraud FTX clients of billions of dollars, the star witness in his US trial testified on Tuesday.
Star witness to testify in US crypto king trial
AFP, Published on 10/10/2023
» NEW YORK - The star witness in the trial of Sam Bankman-Fried arrived at a New York federal court on Tuesday where she is expected to give damning evidence against the one time crypto wunderkind.
Trial of disgraced crypto star Bankman-Fried begins
AFP, Published on 03/10/2023
» NEW YORK - The trial of Sam Bankman-Fried, the former CEO of one of the cryptocurrency industry's biggest exchanges, begins on Tuesday to determine whether he committed massive fraud against more than a million clients.
US clampdown has crypto kings looking abroad
AFP, Published on 16/06/2023
» NEW YORK - After years on the sidelines, financial regulators in the United States are throwing the book at the free-wheeling cryptocurrency industry, with angry entrepreneurs threatening to take their business overseas.
US steps up crypto crackdown with Coinbase suit
AFP, Published on 07/06/2023
» NEW YORK: In their second major action against a big crypto player in two days, United States regulators sued Coinbase on Tuesday, alleging its failure to register as a securities exchange venue exposed investors to risk.