guilty plea – 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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FTX’s Ryan Salame Seeks to Void Guilty Plea, Citing Government’s Alleged Breach of Plea Agreement

DIGIT — Fri, 23 Aug 2024 18:30:28 +0000

Ryan Salame, a former executive at the now-defunct cryptocurrency exchange FTX, has filed a motion to withdraw his guilty plea in federal court. Salame claims that prosecutors breached an agreement that led him to plead guilty by resuming an investigation into his domestic partner, Michelle Bond. Ryan Salame Challenges Guilty Plea, Claims Government Reneged on […]

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Top promoter in Forcount ‘Ponzi’ pleads guilty to wire fraud conspiracy

DIGIT — Thu, 06 Jun 2024 02:52:45 +0000

Part of the plea deal involved Juan Tacuri forfeiting nearly $4 million and real estate which were purchased with victim funds.

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Indian Citizen Faces 20 Years in US Prison for Stealing Crypto in $37M Coinbase Spoofing Scam

DIGIT — Sun, 26 May 2024 01:22:15 +0000

An Indian national has pleaded guilty in the U.S. to wire fraud conspiracy for stealing over $37 million by spoofing crypto exchange Coinbase’s website. He and his co-conspirators created a fake Coinbase Pro site to steal login credentials and two-factor authentication codes, transferring victims’ cryptocurrency to their own wallets. Guilty Plea in $37M Coinbase Crypto […]

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Judge accepts Binance CEO CZ’s guilty plea, with sentencing in Feb

DIGIT — Wed, 06 Dec 2023 22:53:09 +0000

This court “hereby accepts the guilty plea of the defendant to the charge […] and the defendant is adjudged guilty of such offense,” wrote Judge Richard Jones.

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AirBit Club execs face decades in prison after pleading guilty to $100M fraud

DIGIT — Thu, 09 Mar 2023 02:08:51 +0000

Co-founder Rodriguez and senior promoters Millan, Aguilar and Chairez all recently pled guilty to the charges, while the other founder, Dos Santos pled guilty in October, 2021.

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Former FTX Director Pleads Guilty to Charges of Fraud, Money Laundering, and US Campaign Finance Violations

DIGIT — Tue, 28 Feb 2023 19:36:50 +0000

Roughly 11 days ago, it was reported that Nishad Singh, the former director of engineering at FTX, was working with federal prosecutors to arrange a plea deal. On Tuesday, Singh pleaded guilty to criminal charges and stated, “I am unbelievably sorry for my role in all of this.” Singh Cooperating With Authorities in FTX Investigation; […]

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Crypto, forex platform CEO pleads guilty to $248M fraud scheme

DIGIT — Mon, 13 Feb 2023 04:31:43 +0000

Eddy Alexandre, the CEO of the purported crypto trading platform EminiFX is facing as much as 10 years behind bars for his part in the fraudulent enterprise.

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Former Coinbase Manager’s Brother Pleads Guilty in Cryptocurrency Insider Trading Case

DIGIT — Wed, 14 Sep 2022 03:30:57 +0000

The brother of a former Coinbase product manager has pleaded guilty in a cryptocurrency insider trading case. According to the U.S. Department of Justice (DOJ), he is facing up to 20 years in federal prison. DOJ’s First Crypto Insider Trading Case The U.S. Department of Justice (DOJ) announced Monday that Nikhil Wahi, the brother of […]

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