Cryptocoins News / The Cointelegraph - 6 months ago
As the final witness in his defense case, the former FTX CEO placed some of the blame for the crypto exchange’s failure on Gary Wang and Nishad Singh. The jury oversee...
Bitcoin News / Bitcoinist - 6 months ago
Former FTX CEO Sam Bankman-Fried has finally testified in court as his legal team begins to construct a defense against charges of two counts of fraud and five counts of conspiracy. It would seem the 31-year-old former billionaire is now taking a dif...
Cryptocoins News / Finance Magnates - 6 months ago
Sam Bankman-Fried (SBF), the former billionaire
Founder of FTX, took the stand in his ongoing fraud trial. However, his
testimony was delivered outside the jury's presence, as the presiding judge
sought to determine the admissibility of certain porti...
Cryptocoins News / CoinJournal - 6 months ago
Sam Bankman-Fried set to testify in FTX fraud trial.
Prior statements BY SBF are under scrutiny as he testifies under oath.
Key testimonies accuse him of fund misappropriation.
Former FTX CEO Sam Bankman-Fried (SBF) is today scheduled to testify in...
Cryptocoins News / Blockchain - 6 months ago
California lawmakers propose regulations on cryptocurrency ATMs to combat escalating fraudulent activities. The bill, dubbed "Digital Financial Asset Transaction Kiosks," recommends a daily withdrawal limit of $1,000 and a cap on operators' fees, wit...
Bitcoin News / Bitcoin.com - 7 months ago
FTX’s former general counsel Can Sun testified Thursday in federal court that he was shocked to learn FTX founder Sam Bankman-Fried (SBF) had secretly transferred billions in customer funds to his hedge fund Alameda Research. Sun told prosecuto...
Cryptocoins News / Finance Magnates - 7 months ago
The Swedish financial regulator reported a troubling
trend in investment fraud targeting Bitcoin users during the third quarter of
2023. The Financial Supervisory Authority (FSA) said thousands of consumers fall
victim to various schemes every year....
Cryptocoins News / CoinJournal - 7 months ago
The New York Attorney General Letitia James filed the lawsuit against Gemini, Genesis and DCG on Thursday.
It’s alleged the crypto firms lied to investors and concealed losses of over $1 billion.
New York Attorney General Letitia James has su...
Bitcoin News / Bitcoin.com - 7 months ago
New York Attorney General Letitia James filed a lawsuit against crypto companies Gemini Trust Company, Genesis Global Capital, and its parent company Digital Currency Group (DCG) for allegedly defrauding over 230,000 investors out of more than $1 bil...
Cryptocoins News / The Cointelegraph - 7 months ago
A filing from New York Attorney General Letitia James alleges that the cryptocurrency companies defrauded investors of over $1 billion. New York’s attorney general has...
Cryptocoins News / The Cointelegraph - 7 months ago
A filing from New York Attorney General Letitia James alleges that the cryptocurrency companies defrauded investors of over $1 billion. New York’s attorney general has...
Cryptocoins News / Finance Magnates - 7 months ago
The New York Attorney General Letitia James has
initiated a lawsuit against Gemini Trust Company, Genesis Global Capital, LLC,
and Digital Currency Group, Inc. (DCG), alleging a fraudulent scheme that cost
over 230,000 investors more than $1 billion....
Bitcoin News / Bitcoinist - 7 months ago
Scam artists in the financial and crypto space often reveal a knack for adaptation. The latest trend in Ireland’s fraud landscape signifies a significant shift in focus, with scammers now setting their sights on traditional banking customers. ...
Bitcoin News / Google News Bitcoin - 7 months ago
Bitcoin lo hizo de nuevo: los detalles del abrupto salto en la cotización de la criptomoneda que defraudó una vez más a los inversores& & Infobae