Nexo says its former managing partner left with a hardware wallet full of the company’s crypto.
Former NYSE Broker to Pay $54M to Settle CFTC Crypto Fraud Charges
Michael Ackerman pleaded guilty in 2021 to charges of defrauding around 150 investors for $33 million in a digital asset trading scheme.
U.S. Judge Rejects Binance.US Complaint Over SEC Press Release
A federal judge has rebuffed Binance’s request to curtail the U.S. Securities and Exchange Commission’s (SEC) use of language pertaining to Binance.US’ management of customer funds in press releases, arguing the statements could hurt the company at trial.
Judge Punts on FTX Founder Sam Bankman-Fried’s Efforts to Dismiss Some Charges
Kim Kardashian EMAX Suit to Proceed as Court Considers Updated Complaint
A California judge backtracked on a tentative ruling to dismiss the allegations against the reality TV star after receiving a more detailed complaint.
Alameda-Backed ‘Samcoins’ CEO Alex Grebnev Sued by CoinTelegraph Owner Gregory Fishman
Alex Grebnev, CEO of the Maps.me (MAPs) and Oxygen (OXY) cryptocurrency projects closely linked to Sam Bankman-Fried’s failed FTX empire, is being sued by Gregory Fishman, reportedly an owner of crypto news site CoinTelegraph on allegations of fund misappropriation.
FTX Founder Sam Bankman-Fried Pleads Not Guilty to Latest Bribery Charge
FTX founder and former CEO Sam Bankman-Fried pleaded not guilty to charges of attempted bribery and campaign finance violations unveiled in two recent superseding indictments.
Do Kwon Extradition Sought by U.S., South Korea, Montenegro Justice Minister Says
Marko Kovac said the Terraform Lab founder’s extradition proceedings would follow a criminal case for ID document forgery
Is This Finally an Atomic Bomb From the SEC?
The U.S. Securities and Exchange Commission’s notice to Coinbase (COIN) that it’s likely to be accused of breaking securities laws could foreshadow an agency effort to break the back of the crypto sector as it now operates, but it also may finally force court rulings that define how the industry can move forward.
Crypto Trading Firm Auros Secures $17M Investment as It Recovers From FTX Woes
Auros Global, the trading firm that reportedly lost $20 million on FTX’s implosion, was released from provisional liquidation of British Virgin Island court after major debt restructuring and a fresh $17 million investment led by TradFi trading firm Vivienne Court and bitcoin miner Bit Digital.
Crypto Investors’ $28M ‘Black Thursday’ Lawsuit Against DeFi Giant Maker Dismissed by US Judge
The class action lawsuit filed in 2020 alleged that Maker-related entities knowingly misrepresented risks of holding collateral debt positions and caused heavy losses for some users during the March 2020 market crash.
Accused Mango Markets Exploiter Wants to Keep $47M in Disputed Funds: Court Filings
Avraham Eisenberg claims that he need not return any more than the $67 million of the $114 million worth of tokens he gained using a complicated trading system.
‘Coin Signals’ Trader Arrested on $5M Crypto Fund Fraud Charges
24-year-old Jeremy Spence bilked his investors of $5 million, according to a criminal complaint.
Class Action Filed Against Listed Bitcoin Miner Bit Digital Over Fraud Allegations
Defendants allege the mining company made false and/or misleading statements and failed to disclose the true extent of its mining operations.
Trustee of Collapsed Exchange Moves to Resolve Crypto vs. Fiat Creditor Claims Tussle
Bankruptcy trustee EY is trying to resolve a dispute over how to value cryptocurrencies recovered from QuadrigaCX.
Former NFL Player’s Lawyers Seek to Withdraw From Crypto ‘Shadow Banking’ Case
Lawyers of embattled former NFL player and investor Reginald Fowler have filed a motion to withdraw as his representative counsel.
BitMEX CTO Released in US After Payment of $5M Bond
The former chief technology officer of the troubled BitMEX exchange has been released after a bond for $5 million was paid in the U.S.
Brock Pierce Served Court Papers for Fraud Lawsuit at His Own Presidential Campaign Rally
U.S. presidential candidate and crypto entrepreneur Brock Pierce was legally served during his campaign rally in New York on Monday.
US Man Charged Over Diamond Ponzi Scheme That Touted a Crypto Token
A man from Washington, D.C., has been charged with running a diamond investment scam with its own cryptocurrency, Argyle Coin.
YouTube Ignored Warnings About XRP ‘Giveaway’ Scams, Ripple Says
Ripple has disputed Youtube’s claims it knew nothing about XRP scams on its site, saying it alerted the video platform hundreds of times.