Two individuals from Arizona face serious charges for their involvement in a crypto investment scheme. Luis Ortega, 42, of Litchfield Park, and Jeremie Sowerby, 45, of Fountain Hills, were indicted by a federal…
FTX founder Sam Bankman-Fried was carted off to a detention facility in New York on Friday after his bail was revoked. His accommodations will be a far cry from his parent’s home on…
Crypto Twitter did not hold back Friday amid news that disgraced FTX founder and former CEO Sam Bankman-Fried’s bail had been revoked. He was remanded to jail by a federal judge due to…
A court in the United Kingdom has handed down stiff sentences to two crypto fraudsters found guilty of having taken money from would-be investors with promises of high returns. A judge in Southwark…
British Hacker Joseph O’Connor, also known online as PlugwalkJoe, has been sentenced to five years in a United States prison for his role in stealing $794,000 worth of cryptocurrency via a SIM swap…
After pleading guilty earlier this year, former Coinbase Product Manager Ishan Wahi has been sentenced to 2 years in prison in a landmark case for insider trading with cryptocurrencies. The sentence exceeds the…
Gary James Harmon of Ohio was sentenced to four years and three months in prison for stealing 712 Bitcoin that belonged to his brother, the U.S. Department of Justice has announced. Harmon pleaded…
The former chief financial officer of a special purpose acquisition company (SPAC) was sentenced to three years in prison after embezzling $5 million, which he used to trade cryptocurrencies and “meme stocks.“ An…
The United States Attorney’s Office for the Southern District of New York has announced the sentencing for an individual who pleaded guilty to wire fraud charges connected to “unlawfully obtained” Bitcoin from the…