commodities fraud – DIGIT INFO

Ex-Alameda CEO Caroline Ellison Receives 24-Month Sentence

DIGIT — Tue, 24 Sep 2024 20:05:21 +0000

On Tuesday, Sept. 24, 2024, Caroline Ellison, the former CEO of Alameda Research, was sentenced to 24 months in prison after admitting to her involvement in several crimes. The courtroom banned cameras, video, and phone recordings during the sentencing. Even though the judge commended her in court, saying, “I’ve seen a lot of cooperators in […]

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Avraham Eisenberg Seeks Acquittal of Mango Markets Conviction

DIGIT — Thu, 08 Aug 2024 20:10:03 +0000

Avraham “Avi” Eisenberg, who was previously convicted of commodities fraud, commodities manipulation, and wire fraud related to his trading activities on Mango Markets, is pushing for his conviction to be cleared. Eisenberg’s legal team has filed a motion for judgment of acquittal or, alternatively, a new trial, citing several legal and evidentiary flaws in the […]

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Eisenberg seeks to have Mango Markets fraud convictions thrown out

DIGIT — Wed, 07 Aug 2024 16:46:09 +0000

Eisenberg has insisted all along that his actions on Mango Markets were legal trading and not fraud or market manipulation.

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DOJ charges exec over ‘cherry picking’ scheme involving crypto futures

DIGIT — Fri, 13 Oct 2023 01:00:57 +0000

The former CEO of Systematic Alpha Management faces up to five years in prison for his role in a fraudulent scheme tied to crypto futures contracts.

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Do Kwon faces fraud charges from US prosecutors hours after arrest

DIGIT — Thu, 23 Mar 2023 22:27:06 +0000

The Terraform Labs CEO is now facing fraud charges in South Korea, the Securities and Exchange Commission and federal prosecutors in New York.

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Former FTX CEO Sam Bankman-Fried Faces New Charges in Multi-Billion Dollar Fraud Case

DIGIT — Thu, 23 Feb 2023 15:15:33 +0000

Sam Bankman-Fried (SBF), the disgraced co-founder of FTX, faces four more charges after a new indictment was unsealed on Wednesday. The charges include operating an unlicensed money transfer business and conspiring to commit bank fraud. SBF Gets 4 New Charges Tacked Onto His Indictment The former CEO of FTX was originally indicted 72 days ago […]

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SEC and CFTC Lawsuits Against Former FTX CEO Paused Until Criminal Proceedings Conclude

DIGIT — Tue, 14 Feb 2023 15:30:09 +0000

Two civil lawsuits, stemming from the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), against former FTX CEO Sam Bankman-Fried will be paused until his criminal proceedings are complete. US Attorney Requests Pause on SEC and CFTC Lawsuits to Prevent ‘Judicial Overlap’ According to the latest decision by a New […]

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FTX Co-Founder Sam Bankman-Fried Seeks Removal of Bail Restrictions on Crypto Asset Transfers

DIGIT — Sat, 28 Jan 2023 17:30:28 +0000

Sam Bankman-Fried, the disgraced co-founder of FTX, is seeking access to crypto assets associated with FTX and Alameda Research, according to a letter written by his attorney, Mark Cohen. Cohen insists that the existing bail conditions “related to crypto asset transfers should be removed.” Bankman-Fried’s Legal Team Argues for Removal of 2 Bail Conditions In […]

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