SBF Files Memo Requesting Court to Block Prosecutor’s Evidence
Sam Bankman-Fried, the founder and former CEO of the defunct cryptocurrency exchange FTX, filed a motion on September 1 requesting that the court deny the prosecutor’s limine request, calling them “unworkable.” In the memorandum, written by SBF’s attorney Mark Cohen, the United States Department of Justice (DOJ) requests are described as “unfounded and overbroad,” among […]
DOJ Requests SBF’s Bail Revoked Alleging Witness Tampering
In a Friday letter to Judge Lewis Kaplan, the US Department of Justice (DOJ) asked for SBF’s bail to be revoked. The DOJ claims that SBF made two attempts to tamper with witnesses. This includes giving the New York Times access to his ex-girlfriend’s diary writings. These FTX-related acts have sparked worries regarding witness intimidation. […]
DOJ takes enforcement action against this crypto exchange Bitzlato
The U.S. Department of Justice (DoJ) has just announced that they have seized the site of a Russian crypto exchange named Bitzlato. A joint enforcement action against an international cryptocurrency corporation was announced by the U.S. Department of Justice and the Treasury Department today. This inquiry focuses on the Bitzlato bitcoin trading platform, which is […]
OneCoin scam co-founder faces 60 years jail
After pleading guilty to the $4B OneCoin scam, the co-founder of the fraudulent scheme face a 60-year jail term and is set to be sentenced in April 2023. The co-founder of the multi-billion dollar fraudulent cryptocurrency scam OneCoin, Karl Sebastian Greenwood, has admitted guilt to many counts filed by the US Department of Justice (DOJ) […]