misappropriation – DIGIT INFO

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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US Government Seizes $700 Million in Assets From Disgraced FTX Co-Founder Sam Bankman-Fried

DIGIT — Sat, 21 Jan 2023 16:45:19 +0000

Federal prosecutors have seized $697 million in assets, mostly comprised of more than 56 million Robinhood shares worth $526 million, from FTX co-founder Sam Bankman-Fried. Court filings detailed that the U.S. government seized a series of bank accounts belonging to Bankman-Fried, holding millions in cash. US Government Seizes Millions in Cash and Robinhood Shares From […]

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Binance Crypto Exchange Shares Scoop on Embezzlement Claims

DIGIT — Thu, 09 Apr 2020 11:37:00 +0000

Binance claims it has evidence undermining accusations it misappropriated the funds of an alleged fraudster whose account was frozen

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French Businessman Detained for Stealing €1.2 Million in Crypto From His Partners

DIGIT — Mon, 30 Dec 2019 01:46:29 +0000

An investigation launched on the request of a French startup has led to the indictment of a 37-year-old entrepreneur accused of stealing 182 BTC from the company he cofounded. Embezzlement of money is one the charges brought against him by the public prosecutor’s office in Paris. Also read: Russia’s Supreme Court Recognizes Tokens as Assets […]

The post French Businessman Detained for Stealing €1.2 Million in Crypto From His Partners appeared first on Bitcoin News.

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This Guy Is Fighting a Legal Battle with the CFTC over Bitcoin Classification

DIGIT — Tue, 01 May 2018 19:45:16 +0000

A few months ago the U.S. Commodity Futures Trading Commission (CFTC) charged a Staten Island-based company called Cabbage Tech with ‘fraud and misappropriation’ of funds based in Bitcoin and Litecoin. According to the CFTC, it revealed it had charged Patrick McDonnell and his company Cabbage Tech for crimes associated with allegedly promising big returns on […]

The post This Guy Is Fighting a Legal Battle with the CFTC over Bitcoin Classification appeared first on Bitcoin News.

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PR: AidCoin Sells out Its ICO in Minutes and Gets Listed on Bitfinex

DIGIT — Sat, 27 Jan 2018 10:30:34 +0000

AidCoin to revoluzionize charitable giving by making the non-profit sector more transparent.

AidCoin just announced the success of its token sale raising a total hard of 14,333 ETH ($16.5 million USD at the time of close) in minutes with hundreds of contributors unable to participate.

The post PR: AidCoin Sells out Its ICO in Minutes and Gets Listed on Bitfinex appeared first on Bitcoin News.

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