criminal

Expert says US may hit Binance with criminal indictment

0xMain
June 13, 2023

Binance, criminal, expert, Hacking, hit, indictment

John Reed Stark, president of John Reed Stark Consulting and a former SEC Enforcement Division member, speculates on the likelihood of a criminal indictment being filed against Binance. Stark cites evidence that led to a sealed indictment against Binance for fraud, obstruction of...

Sam Bankman-Fried expresses concerns over late evidence in criminal trial

0xMain
June 7, 2023

BankmanFried, concerns, criminal, evidence, expresses, Hacking, late, Sam, trial

Former FTX CEO Sam Bankman-Fried has expressed concerns that prosecutors have failed to meet discovery deadlines, resulting in the absence of crucial evidence for his defense against a series of fraud charges. Bankman-Fried’s legal team informed US District Judge Lewis A. Kaplan via...

Former FTX CEO Sam Bankman-Fried wants most criminal charges dismissed

0xMain
May 9, 2023

BankmanFried, CEO, charges, criminal, dismissed, FTX, Hacking, Sam

Sam Bankman-Fried (SBF), who previously served as CEO and co-founder of FTX, is seeking to have most of the criminal charges against him dropped by federal prosecutors prior to his trial. In a last-minute legal move, SBF’s defense team filed seven motions to...

Criminal gang behind fake crypto wallets arrested in China

0xMain
April 2, 2023

arrested, China, criminal, Crypto, fake, gang, Hacking, wallets

Shanxi police in China have arrested a criminal gang involved in manufacturing and distributing fake cryptocurrency wallets. The gang had been distributing fake wallet Android Package kit (APK) installation packages through popular messaging apps. The gang distributed counterfeit wallet APK installation packages through...

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Signature bank was under criminal investigation ahead of closure

0xMain
March 15, 2023

ahead, Bank, closure, criminal, Hacking, investigation, Signature

The US prosecutors were looking into Signature Bank’s dealings with crypto clients when regulators abruptly shut down the institution on March 12. The regulators said that keeping the bank open would pose a threat to the stability of the entire financial system. The...