SEC Caught Another FTX Big Fish, Will Work In Case Against SBF

Per a report from Bloomberg, the former FTX Chief  Engineering Officer, Nishad Singh, has pleaded guilty to charges filed against him. Singh is cooperating with the U. S. Securities and Exchange Commission (SEC) and will work in the case built against his former boss, Sam Bankman-Fried (SBF).

202 +

FTX: Nishad Singh pleads guilty to criminal charges

Nishad Singh pleads guilty to six criminal counts Singh was accused of creating the code that let Alameda borrow an unlimited amount of funds Nishad Singh, the former director of engineeringThe post FTX: Nishad Singh pleads guilty to criminal charges appeared first on AMBCrypto.

200 +

Former FTX Engineering Director Nishad Singh Pleads Guilty to Criminal Charges: Reuters

Former FTX Director of Engineering Nishad Singh pleaded guilty to criminal charges in a New York court on Tuesday.

178 +

FTX Japan to Resume Withdrawals as Former Engineer Nishad Singh Is Set to Plead Guilty

The COO of FTX Japan has announced that customers will be able to withdraw funds once the lieutenant of Sam Bankman-Fried pleads guilty. The post FTX Japan to Resume Withdrawals as Former Engineer Nishad Singh Is Set to Plead Guilty appeared first on BeInCrypto.

188 +

Former FTX executive Nishad Singh reportedly plans to plead guilty

Former FTX executive Nishad Singh is reportedly planning to plead guilty to criminal charges. Singh may face separate charges filed by the SEC and CFTC. Nishad Singh, the former head of engiThe post Former FTX executive Nishad Singh reportedly plans to plead guilty appeared first on AMBCrypto.

211 +

Former FTX exec will plead guilty to federal charges with a deal: Report

Nishad Singh, the bankrupt exchange’s former director of engineering, went to a proffer session with prosecutors last month and is reportedly nearing a plea deal.

224 +

Former FTX Executive Nishad Singh Planning to Plead Guilty to Fraud: Bloomberg

Singh, the former engineering director for the collapsed crypto exchange, was a member of Bankman-Fried’s inner circle.

229 +

Ex-Coinbase manager pleads guilty to insider trading charges

A former employee of global crypto exchange Coinbase Global Inc. (NASDAQ:COIN) has pleaded guilty to charges related to a crypto insider trading case. Ishan Wahi, who was charged with participating in a scheme that saw him share insider information about Coinbase’s listing of tokens, pleaded guilty on Tuesday.

101 +

Former Coinbase Employee Pleads Guilty to Insider Trading

Ishan Wahi, Coinbases former product manager, pleaded guilty to wire fraud charges in the first ever crypto insider trading case. First Case of Crypto Insider Trading One of last years...

146 +

Former Coinbase Manager Pleads Guilty To Conspiracy Charges

Former Coinbase Global Inc. product manager Ishan Wahi has pleaded guilty to two counts of conspiracy to commit wire fraud, according to a press release from the U.S. Department of Justice (DoJ).  Related Reading: Will Bitcoin See A Valentine’s Day Massacre Or Can Bulls Get Back To $24,000? After Nikhil Wahi was charged with receiving […]

327 +

Former Coinbase Product Manager Pleads Guilty To Insider Trading In Landmark U.S. Case

235 +

Ex-Coinbase Product Manager Pleads Guilty to Insider Trading

The first insider trading conviction just happened in crypto markets, with Ishan Wahi, Coinbase's former product manager, pleading guilty

198 +

Former Coinbase Manager Pleads Guilty to Insider Trading Charges: Reuters

Wahi had previously pleaded not guilty to federal charges of insider trading.

275 +

Sam Bankman-Fried Faces ‘Tough Road,’ Legal Expert Says

The former FTX CEO faces a legal uphill battle after pleading not guilty to eight counts of criminal charges.

49 +

Former SPAC CFO Pleads Guilty To Funds Misappropriation To Trade Crypto

With the prolonged crypto bear market ongoing, one will think most people should be losing money. While that is true, another thing also true is the increase in crimes in the bear market. On today’s news, an ex-chief financial officer of two special purpose acquisition companies (SPACs) has pleaded guilty in court to embezzling more […]

154 +

Sam Bankman Fried Pleads Not Guilty, Trial Date Set By Court

FTX founder and former CEO Sam Bankman Fried (SBF) appeared before U.S. District Judge Lewis Kaplan in a Federal Court in New York. The former executive pleaded not guilty to eight charges, including those related to wire fraud and conspiracy to commit fraud, allegedly as part of an agreement with U.S. law enforcement agencies. Related […]

255 +

Sam Bankman-Fried enters not guilty plea for all counts in federal court

The former FTX CEO faces eight criminal counts in the United States which could result in 115 years in prison should he be convicted.

221 +

Breaking: FTX's Sam Bankman-Fried (SBF) pleads not guilty for all charges

FTX's founder Sam Bankman-Fried has pleaded not guilty to defrauding customers at his court hearing in the Southern District of New York. The former crypto mogul has claimed to be innocent of all 8 coThe post Breaking: FTX's Sam Bankman-Fried (SBF) pleads not guilty for all charges appeared first on AMBCrypto.

260 +

CNBC: SBF to plead not guilty to buy time for his legal team

Gary Wang, former CTO of FTX and Caroline Ellison, former chief executive of Alameda, are cooperating with investigators Bankman-Fried is charged with illegally using FTX customer funds to buy real estate properties and supporting Alameda Research He was released on a $250 million bond after being extradited to the US from the Bahamas Sam Bankman-Fried […] The post CNBC: SBF to plead not guilty to buy time for his legal team appeared first on CoinJournal.

225 +

South Korean court finds former Chairman of Bithumb ‘not guilty’ of fraud

Lee Jung-hoon, the former chairman of the crypto exchange Bithumb, was acquitted by a South Korean court on January 3. The post South Korean court finds former Chairman of Bithumb ‘not guilty’ of fraud appeared first on CryptoSlate.

123 +

Prosecutors unlikely to offer Sam Bankman-Fried a favorable plea deal, says lawyer

Former FTX CEO may not be able to offset the two counts of wire fraud and six counts of conspiracy he faces with the credits by entering a guilty plea.

192 +

FTX’s Gary Wang and Alameda’s Caroline Ellison plead guilty to DOJ charges

FTX co-founder Gary Wang and former Alameda Research CEO Caroline Ellison have both pleaded guilty to several charges related to their role in the eventual collapse of cryptocurrency exchange FTX.

85 +

Former Alameda CEO Caroline Ellison and FTX co-founder Gary Wang plead guilty

Caroline Ellison and Gary Wang have been charged for their role in events that led to the collapse of FTX. The two are cooperating in the Justice Department’s investigation of the former FTX CEO.

234 +

Former Alameda Research CEO and FTX CTO plead guilty in US court

Former Alameda CEO and ex-FTX CTO plead guilty in U.S. court with several wire fraud charges.

176 +

Breaking: Caroline Ellison and Gary Wang plead guilty to fraud charges

Both former executives of FTX and Alameda Research have been charged for their role in the “frauds” that led to FTX's collapse.

72 +

Bithumb ex-chairman could face 8 years prison over alleged $70M fraud

The sentencing hearing is set for Dec. 20 and could see the former chairman of South Korean crypto exchange Bithumb behind bars for a maximum of eight years if found guilty.

157 +

Insider Trading: Former Coinbase Employee Pleads Guilty To Charges As SEC Clamps Down On The Cryptosphere

The Securities and Exchange Commission’s (SEC) zero tolerance for insider trading in digital assets took a new turn in July as the commission arrested Coinbase staff Ishan Wahi and his brother Nikhil Wahi.

214 +

Brother of former Coinbase employee pleads guilty to charges related to insider trading: Report

Nikhil Wahi and his brother Ishan were arrested and charged in July, while their associate Sameer Ramani remained at large at the time of publication.

208 +

First Guilty Plea in Coinbase-Related Insider Trading Charges

The brother of a former Coinbase executive, Nikhil Wahi in late July was arrested for trading on confidential information.

166 +

Another BitMEX executive pleads guilty to violating Bank Secrecy Act

BitMEX former executive Gregory Dwyer has pleaded guilty to violating the Bank Secrecy Act, according to the United States Attorney for the Southern District of New York. The post Another BitMEX executive pleads guilty to violating Bank Secrecy Act appeared first on CryptoSlate.

85 +

BitMEX former executive pleads guilty to violating the Bank Secrecy Act

Gregory Dwyer becomes the last one from the exchange’s management to enter a plea.

102 +

Canadian NetWalker Ransomware Hacker Pleads Guilty in US Court

A former Canadian government worker has pleaded guilty to charges of working for a ransomware gang that realized more than $50 million. The post Canadian NetWalker Ransomware Hacker Pleads Guilty in US Court appeared first on BeInCrypto.

211 +

Former BitMEX CEO Arthur Hayes Sentenced to 2 Years Probation

Hayes pleaded guilty to one count of violating the Bank Secrecy Act (BSA) in February, and faced a sentence of up to 12 months in prison.

329 +

Reggie Fowler Pleads Guilty in Crypto Capital Corp. Case Tied to Bitfinex's Missing Millions

The former football player was initially indicted on charges of banking fraud in 2019 and additional charges in 2020.

160 +

Former Ethereum Developer Virgil Griffith to Be Sentenced in New York Court Tuesday

Former Ethereum developer Virgil Griffith is set to face sentencing in a New York courthouse on April 12 after pleading guilty to one count of conspiracy to violate international sanctions against North Korea last September.

159 +

Former CPA Pleads Guilty to Helping BitClub Architect Launder Funds in $722M Ponzi Scheme

A former accountant is the latest associate of the notorious BitClub Ponzi scheme to plead guilty.

214 +

Chewing Gum Spy Received $100,000 in Crypto

Jonathan Toebbe, 43, of Maryland has pleaded guilty to selling out his country for $100,000 in crypto. The former US Navy nuclear engineer had information related to military sensitive design...

100 +

S Korea: Former CEO of V Global gets 22 years jail over $1.9 billion scam

Seven V Global executives have been found guilty of misappropriating 2 trillion KRW ($1.9 billion) in the latest verdict on Friday, as per reports. While the six of them will serve varying jail-time oThe post S Korea: Former CEO of V Global gets 22 years jail over $1.9 billion scam appeared first on AMBCrypto.

225 +

Former Ethereum Developer Griffith Pleads Guilty To Violating U.S. Sanctions

American programmer and developer Virgil Griffith pleaded guilty today to violating U. S. sanctions law. Griffith created Wikipedia indexing tool WikiScanner, co-designed the Tor2web proxy, and was a senior research scientist with the Ethereum Foundation who at one point led special projects for the platform.

178 +

BitConnect promoter pleads guilty over Ponzi scheme as platform faces new SEC charges

Former BitConnect promoter Glenn Arcaro has pled guilty to his role in the saga, but the whereabouts of the firm’s founder, Satish Kumbhani, are unknown.

136 +

Former Cryptopia Employee, Admits to Stealing $175k Worth of Crypto from the Defunct Exchange

Former Cryptopia Ltd. employee pleads guilty to stealing NZD 250,000 worth of Bitcoin (BTC) and other cryptocurrencies from the exchange. The employee returned the funds and will not face any charges.

160 +

Former Cryptopia employee pleads guilty to stealing $170K in crypto

A former employee of the now-defunct Cryptopia exchange has admitted to stealing $171,969 worth of crypto. A report unveiled this news on July 5, noting that the ex-employee appeared before Judge Gerard Lynch of the Christchurch District Court on Monday.

122 +

John McAfee’s Bodyguard Pleads Not Guilty in the $13M Crypto Fraud Case

The legal tussle between the U. S. authorities and John McAfee continues as his associate Jimmy Watson has entered a plea. The former antivirus tycoon’s bodyguard has pleaded not guilty to the alleged cryptocurrency fraud case.

208 +

'Not guilty,' pleads McAfee's bodyguard to charges of involvement in $13M crypto-scams

Jimmy Gale Watson Jr., former Navy Seal and bodyguard to John McAfee, the founder of the popular Anti-virus software company, has denied all accusations of involvement in a set of crypto-scams that reThe post 'Not guilty,' pleads McAfee's bodyguard to charges of involvement in $13M crypto-scams appeared first on AMBCrypto.

264 +

Coinbase to Freeze XRP Trading Amid SEC Lawsuit Against Ripple

The suit alleges that Ripple Labs, former CEO Christian Larsen, and current CEO Brad Garlinghouse are guilty of raising $1. 3 billion from XRP token sales as unlicensed securities since 2013. Due to legal ramifications and the uncertainty of the situation, Coinbase decided that it will suspend all XRP trading beginning on Jan.

401 +

Former Microsoft Engineer to Serve 9 Years in Prison in a Case That Involves Use of Bitcoin Mixers

A U. S. court in Seattle has sentenced a former Microsoft engineer to 9 years in prison after finding him guilty of 18 federal felonies relating to his elaborate scheme to defraud the tech giant $10 million.

185 +

Crypto Capital's NFL defendant open to guilty plea, but not for $371M

A former NFL team owner has been asked to pay $371M as part of a plea deal over bank fraud, illegal money transfers, and wire fraud. He's not interested.

219 +

26-Year-Old AlphaBay Darknet Moderator Who Received Payment In Bitcoin Sentenced To 11 Years In Prison

26-year-old Bryan Connor Herrell from Colorado, the former moderator of the AlphaBay darknet market place has been sentenced to 11 years in prison. According to a Tuesday announcement by the US Department of Justice, Connor Herrell pleaded guilty to racketeering charges related to AlphaBay.

265 +

Lobbyist, Filmmaker, Cryptocurrency Scammer: Who Is Jack Abramoff?

Former Washington lobbyist Jack Abramoff has agreed to plead guilty in a case involving a cryptocurrency scam. How did this former filmmaker turned lobbyist end up involved in a cryptocurrency scam? And who exactly is Jack Abramoff? Former Lobbyist and Hollywood Filmmaker Involved in Cryptocurrency Scam Lobbyist Jack Abramoff has been hit with dual charges […]

322 +