Showing 1 - 10 of 10
US seeks to jail Binance founder
Reuters, Published on 24/04/2024
» NEW YORK - Changpeng Zhao, the founder of Binance, the world’s largest cryptocurrency exchange, should serve three years in prison after pleading guilty to violating laws against money laundering, US prosecutors said on Tuesday.
Singapore jails money launderer for 13 months
Bloomberg News, Published on 02/04/2024
» SINGAPORE - The first person to plead guilty in the biggest money-laundering case in the history of Singapore has been sentenced to 13 months in jail.
Bitcoin surges to $50,000 for first time since 2021
Bloomberg News, Published on 13/02/2024
» BOSTON - Bitcoin hovered around US$50,000 after briefly scaling the closely watched level for the first time in over two years, a remarkable comeback from the crypto scandals and wipeouts that cast doubt on the industry's viability.
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.
Saxena's last appeal thrown out
News, Wassayos Ngamkham, Published on 13/09/2022
» The Supreme Court upheld lower court rulings against financier Rakesh Saxena, sentencing him to 335 years in prison in three lawsuits in connection with the Bangkok Bank of Commerce (BBC) embezzlement scandal.
Supreme Court upholds rulings against Rakesh Saxena
Wassayos Ngamkham, Published on 12/09/2022
» The Supreme Court upheld lower court rulings against financier Rakesh Saxena, sentencing him to 335 years in prison in three lawsuits in connection with the Bangkok Bank of Commerce (BBC) embezzlement scandal.
Trade politics get very messy
Asia focus, Nareerat Wiriyapong, Published on 27/09/2021
» Geopolitics in Asia Pacific have become increasingly complex and drawn growing interest from outsiders since the US, the UK and Australia announced a new alliance known as AUKUS to enable Australia to build nuclear-powered submarines.
US hands Swiss bank red card in FIFA bribe scandal
AFP, Published on 28/05/2021
» NEW YORK: Swiss Bank Julius Baer admitted it participated in money laundering of $36 million in bribes in the "FIFAgate" scandal over television broadcast rights, US officials announced on Thursday.
Slapped into Silence
Asia focus, Published on 20/07/2020
» Freedom of expression, association and peaceful assembly are fundamental human rights. They are crucial in any country that truly values public participation in development and decision-making.
Two ex-Deutsche Bank traders convicted in Libor scandal
AFP, Published on 18/10/2018
» NEW YORK: Two former Deutsche Bank traders were convicted of fraud on Wednesday for their roles in manipulating a benchmark interest rate, the US Justice Department announced.