Manhattan – DIGIT INFO

SEC commissioners slam agency after $750K FlyFish Club NFT settlement

DIGIT — Tue, 17 Sep 2024 03:24:14 +0000

SEC commissioners Hester Peirce and Mark Uyeda didn’t believe any US securities laws were triggered and urged the commission to give NFT firms more room to experiment.

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New York DA’s Office Hiring Full-Time Crypto Analyst for Cybercrime Bureau

DIGIT — Sat, 03 Aug 2024 01:35:03 +0000

The New York County District Attorney’s Office is hiring a full-time cryptocurrency analyst for its Cybercrime and Identity Theft Bureau. This role involves analyzing cryptocurrency theft complaints, conducting blockchain transaction analyses, and providing expert testimony. NY District Attorney Seeks Cryptocurrency Analyst The New York County District Attorney’s Office has put up a job posting for […]

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FTX founder Sam Bankman-Fried urges court to dismiss charges

DIGIT — Tue, 09 May 2023 02:27:59 +0000

Lawyers representing Sam Bankman-Fried want all but three charges against him dismissed in a filing on May 8.

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Elon Musk requests dismissal of $258B Dogecoin lawsuit: Report

DIGIT — Sat, 01 Apr 2023 05:19:59 +0000

Investors pointed to Musk’s portrayal of “a fictitious financial expert” during a Saturday Night Live appearance, where he referred to Dogecoin as “a hustle,” as a reference point in the lawsuit.

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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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Stanford Alumni Revealed as Co-Signers of FTX Co-Founder’s $250M Bond

DIGIT — Thu, 16 Feb 2023 19:00:45 +0000

According to the latest court documents in the fraud case involving former FTX CEO Sam Bankman-Fried in Manhattan, the New York judge presiding over the case unsealed the co-signers of Bankman-Fried’s bond on Wednesday. The names of the two bail bond co-signers that were previously redacted from court documents are Stanford University alumni Larry Kramer […]

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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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Report Shows Financial Troubles Plagued Bankman-Fried’s Alameda Research as Early as 2018

DIGIT — Mon, 02 Jan 2023 15:30:57 +0000

Before FTX collapsed it was assumed that Alameda Research was one of the top quantitative trading firms and market makers within the industry. However, much of that perception may have been a facade as a recent report details that Alameda suffered from financial troubles as early as 2018. People familiar with the matter said Alameda […]

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FTX Co-Founder Indicted by Federal Grand Jury in Manhattan, Bahamian Magistrate Denies SBF’s Bail

DIGIT — Wed, 14 Dec 2022 00:30:01 +0000

On Dec. 13, 2022, the Southern District of New York (SDNY) prosecutor’s office and SDNY attorney Damian Williams revealed that the FTX co-founder Sam Bankman-Fried has been indicted for “fraud, money Laundering, and campaign finance offenses.” SDNY attorney Williams said that the case was not an issue of “mismanagement or poor oversight” but of “intentional […]

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Report: Alameda’s Caroline Ellison Retains SEC’s Former Enforcement Division Chief

DIGIT — Mon, 12 Dec 2022 20:30:29 +0000

After more attention has been cast on the former Alameda Research CEO Caroline Ellison, a report details that Ellison has hired Wilmerhale partner Stephanie Avakian, an attorney that worked for the U.S. Securities and Exchange Commission (SEC). The news follows leaked documentation of Ellison’s alleged margin position, and the ex-Alameda executive reportedly being spotted at […]

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