US DOJ Requests Trial Extension For Sam Bankman-Fried
US Department of Justice sent a letter to Judge Lewis A. Kaplan requesting an extension of trial days in the Sam Bankman-Fried case. The United States Department of Justice (DOJ) has requested that the trial date for FTX co-founder Sam Bankman-Fried be extended. The criminal trial of Sam Bankman-Fried is slated to begin on Tuesday, […]
Celsius Creditors Alerted to New Phishing Threats Pre-Bankruptcy
Creditors of Celsius Network have reported receiving a new wave of phishing emails, most likely due to the 2017 Data breach. Creditors of the defunct cryptocurrency lender Celsius Network are once again the target of a new surge of phishing attacks as the lender’s bankruptcy proceedings near their conclusion. In the past week, social media […]
OneCoin Lawyer Loses Appeal for New Trial in $4B Crypto Scam
Mark Scott, a lawyer who laundered $400 million from the OneCoin cryptocurrency fraud, has failed to secure a new trial despite claiming legal errors and false testimony in his original trial. Scott was convicted of bank fraud and money laundering in 2019 for his role in the scam orchestrated by Ruja Ignatova, the fugitive “Cryptoqueen.” […]
Hong Kong Police Arrest “jolamchok” Over JPEX Ties
Joseph Lam (Lin Zuo), also known as “jolamchok” on Instagram, was reportedly detained by Hong Kong police for his ties to JPEX. A Hong Kong-based social media influencer was purportedly arrested after their involvement in the liquidity crisis of the cryptocurrency exchange JPEX was uncovered. South China Morning Post reports that Hong Kong police apprehended […]
Gemini Opposes Deceptive Genesis Proposal by DCG
Gemini accuses DCG of a misleading proposal, prompting a crypto showdown in court. Will the truth prevail in this legal dispute? In a recent report, Gemini has accused the Digital Currency Group (DCG), the parent company of Genesis, of presenting a misleading proposal to creditors. The ongoing dispute revolves around the recovery rates promised by […]