Criminal charges – DIGIT INFO

Owner of unlicensed UK crypto ATM network faces criminal charges

DIGIT — Tue, 10 Sep 2024 16:29:29 +0000

The FCA is throwing the book at the head of GidiPlus Limited for operating an ATM network after being denied registration.

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France Charges Telegram’s Pavel Durov, Sets Bail at €5 Million

DIGIT — Wed, 28 Aug 2024 21:10:51 +0000

Telegram’s founder and CEO, Pavel Durov, is still in hot water in France, facing multiple criminal charges linked to activities on his messaging platform. The French court reportedly set his bail at €5 million, and he’s now prohibited from leaving the country. French Authorities Charge Telegram CEO Durov After Durov was taken into custody last […]

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Double trouble: FTX founder Sam Bankman-Fried faces two criminal trials

DIGIT — Fri, 16 Jun 2023 03:19:59 +0000

A District Judge ordered a separate trial for the DOJ’s charges against Sam Bankman-Fried which were added following his extradition to the U.S.

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Silk Road Hacker Sentenced to a Year in Prison for Wire Fraud

DIGIT — Sun, 16 Apr 2023 07:30:52 +0000

On April 14, 2023, the Department of Justice (DOJ) for the Southern District of New York revealed that the hacker responsible for the Silk Road marketplace breach had been sentenced to a year in prison for wire fraud charges. James Zhong stole more than 50,000 bitcoin from the darknet marketplace (DNM) in September 2012. DOJ […]

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Former FTX CEO Sam Bankman-Fried Faces New Bribery Charges for Alleged Crypto Payment to Chinese Officials

DIGIT — Tue, 28 Mar 2023 17:30:56 +0000

Sam Bankman-Fried (SBF), the former CEO of FTX, now faces a 13-count indictment as U.S. officials have added new charges. One of the new charges alleges that SBF leveraged $40 million to influence “one or more Chinese government officials.” Details of the Bribery Charges Against Sam Bankman-Fried Sam Bankman-Fried (SBF), the co-founder and former CEO […]

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Report: Former FTX Director of Engineering Nishad Singh Negotiating Plea Deal with Prosecutors

DIGIT — Sat, 18 Feb 2023 00:30:23 +0000

Another member of Sam Bankman-Fried’s inner circle allegedly plans to plead guilty to criminal charges for his role in the alleged fraud that occurred at the cryptocurrency exchange FTX. According to unnamed sources familiar with the matter, Nishad Singh, FTX’s former director of engineering, is attempting to negotiate a deal with New York prosecutors. Sources […]

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Former FTX CEO Sam Bankman-Fried Pleads Not Guilty to Criminal Charges, Bond Signees’ Names Remain Sealed

DIGIT — Wed, 04 Jan 2023 15:30:51 +0000

On Jan. 3, 2023, the former FTX CEO Sam Bankman-Fried (SBF) pleaded not guilty to eight criminal charges that involve two counts of wire fraud and six counts of conspiracy. In addition to the not guilty plea, SBF’s judge Lewis Kaplan granted the defendant’s request to keep the names of his $250 million bond signees […]

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US Senate banking chair floats possibility of banning crypto

DIGIT — Mon, 19 Dec 2022 02:50:37 +0000

Despite suggesting a possible ban, U.S. Senator Sherrod Brown stated it would be “very difficult” to implement because activity “would go offshore.”

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US Securities Watchdog Charges Sam Bankman-Fried With Fraud Over FTX Collapse

DIGIT — Tue, 13 Dec 2022 15:00:21 +0000

According to a statement published on Dec. 13, 2022, the U.S. Securities and Exchange Commission (SEC) has charged the disgraced FTX co-founder Sam Bankman-Fried (SBF) with defrauding investors. SEC chairman Gary Gensler explained that the U.S. financial regulator alleges that SBF “built a house of cards on a foundation of deception.” U.S. SEC Contends Former […]

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Trader Confesses Cryptocurrency Addiction Led to Criminal Charges, Hospital Treatment

DIGIT — Wed, 02 Jun 2021 02:00:40 +0000

A British man has shared his story of how his cryptocurrency addiction has led to criminal charges and landed him in a hospital for addiction treatment. He lost more than a million dollars of other people’s money trying to duplicate his previous success in cryptocurrency trading. Crypto Addiction on the Rise, One Hospital Is Treating […]

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