Prosecutor’s – DIGIT INFO

SafeMoon CEO bail release goes on hold after Feds cite flight risk

DIGIT — Fri, 10 Nov 2023 04:24:22 +0000

Prosecutors argued SafeMoon CEO Braden John Karony poses a flight risk given his alleged access to funds and overseas connections.

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FTX’s Sam Bankman-Fried prosecutors submit proposed jury instructions for trial

DIGIT — Tue, 22 Aug 2023 06:19:28 +0000

Ahead of FTX co-founder Sam Bankman-Fried’s October trial, government prosecutors have laid out their requests for how the jury should be directed.

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Ex-FTX exec Salame won’t testify in alleged illegal campaign donation case

DIGIT — Tue, 15 Aug 2023 03:49:25 +0000

Ryan Salame plans to plead the Fifth if he is asked to testify at Sam Bankman-Fried’s criminal trial, according to United States prosecutors.

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FBI searched Kraken co-founder’s home in March: Report

DIGIT — Fri, 07 Jul 2023 00:17:15 +0000

Electronic devices were seized from former Kraken CEO Jesse Powell’s Los Angeles home in connection to a non-crypto-related investigation into alleged hacking and cyberstalking.

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Ukraine, US Shut Down 9 Cryptocurrency Exchanges

DIGIT — Thu, 04 May 2023 07:49:55 +0000

Supported by U.S. law enforcement, police in Ukraine have disrupted a network of crypto exchange services suspected of laundering criminal proceeds. The platforms were allegedly processing dirty money obtained from ransomware attacks and various fraud schemes. Cyberpolice, US Investigators Bust Crypto Exchanges in Ukraine Officers from Ukraine’s Cyberpolice unit and Main Investigative Department, working with […]

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Do Kwon’s Terraform Sent $7 Million to Law Firm Before Collapse, Report Unveils

DIGIT — Sun, 16 Apr 2023 12:00:08 +0000

Prosecutors investigating failed blockchain firm Terraform Labs have found out that its Singapore office sent millions of U.S. dollars to lawyers just before the crash of its cryptocurrencies. According to Korean media, the transfers suggest that co-founder Do Kwon was aware of the imminent collapse. Terraform Labs Transferred Large Amounts of Money to South Korean […]

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Russian Law Enforcement Prepares to Seize Crypto Assets, Seeks Permission to Set Up Wallets

DIGIT — Sun, 09 Apr 2023 19:45:17 +0000

Russian investigators are pressing the parliament and government in Moscow for permission to open their own cryptocurrency wallets. This would allow law enforcement agencies to seize digital assets during criminal cases and eventually sell them, something that authorities in the United States and Europe already do. Russian Prosecutors Lobby for Powers to Confiscate and Auction […]

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South Korean Prosecutors Uncover Alleged $314 Million Criminal Proceeds Tied to Terraform Labs Co-Founders

DIGIT — Fri, 07 Apr 2023 15:34:59 +0000

According to a report by South Korean news publication KBS, Do Kwon, the co-founder of Terraform Labs, has converted a “large part” of his assets into bitcoin. Prosecutors in South Korea believe that Kwon’s purported bitcoin stash was transferred to an international exchange. Report Says Do Kwon Allegedly Sold a ‘Large Part’ of His Assets […]

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Seoul Takes Control Over $160 Million in Assets of Former Terraform Employees, Founder

DIGIT — Wed, 05 Apr 2023 00:30:10 +0000

Authorities in South Korea have reportedly seized assets worth billions of won belonging to former representatives of Terraform Labs. The measure should prevent suspects in the case with the failed blockchain firm from selling property that may have been obtained with criminal proceeds. South Korean Law Enforcement Moves to Seize Terraform-Linked Real Estate, Report Prosecutors […]

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FTX’s Bankman-Fried Is Allegedly Using Alameda Funds to Pay for Legal Defense

DIGIT — Thu, 30 Mar 2023 00:34:56 +0000

According to two sources close to FTX, Sam Bankman-Fried, the disgraced co-founder, gave his father, Stanford Law professor Joseph Bankman, millions of dollars. The funds are reportedly being used to pay for legal costs. The sources said that Bankman-Fried allegedly gave “at least $10 million” from the now-defunct quantitative trading firm Alameda Research to his […]

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