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Changpeng Zhao, founder of crypto exchange Binance, has been sentenced to 4 months in prison. The sentence comes after the ex-CEO pleaded guilty to violating US anti-money laundering rules. The DOJ had... Read more »
Cryptocurrency exchange Binance has been slapped with a new class-action lawsuit in Canada, with plaintiffs alleging that the firm has violated local securities laws. Ontario’s Superior Court of Justice published a certification... Read more »
Damian Williams, the United States Attorney for the Southern District of New York, announced that Shakeeb Ahmed was sentenced recently to three years in prison by U.S. District Judge Victor Marrero for... Read more »
Shakeeb Ahmed, a cybersecurity engineer, has been sentenced to three years in prison for his involvement in stealing approximately $12 million in cryptocurrency. The sentence was announced by the U.S. Attorney for... Read more »
:quality(70)/cloudfront-eu-central-1.images.arcpublishing.com/dlnews/7BFUVMDFWRHD5AX5W4B4NOQ62Q.jpg "Three Arrows Capital co-founder Su Zhu says Singapore prison was ‘enjoyable’ – DL News")
Collapsed Three Arrows Capital co-founder promotes new Hong Kong venture. BlackRock’s spot Bitcoin ETF first to $2 billion in assets under management. Crypto mining energy consumption may increase 30% by 2026, report... Read more »
Source: Pexels Three individuals involved in a global fraud and money laundering operation linked to the cryptocurrency scheme, AirBit Club, have received prison sentence, Department of Justice revealed in a press release. ... Read more »
The co-founder of AirBit Club — a cryptocurrency pyramid scheme that swindled investors of over $100 million — has been sentenced to 12 years in prison for his role in a $100... Read more »
A Chinese government official has been sentenced to life in prison for both illegitimate business operations of running a 2.4 billion Chinese Yuan ($329 million) Bitcoin mining enterprise and unrelated charges of... Read more »
Sam Bankman-Fried, the former CEO of the defunct cryptocurrency exchange FTX, flew from the Bahamas to New York to reply allegations of fraud. Two of his former colleagues already pleaded responsible to... Read more »