ONUS fraud case widens as Vietnam arrests key suspects

Vietnam detained ONUS-linked suspects in an alleged crypto fraud probe involving token sale promotions, price manipulation, and user losses.

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CoinDCX Fraud Allegation: Co-Founders Arrested

CoinDCX Co-Founders Arrested in Alleged Fraud Case

The post CoinDCX Fraud Allegation: Co-Founders Arrested appeared first on Coinspeaker.

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Why are investors suing JPMorgan over a $328M crypto Ponzi case?

Investors in Goliath Ventures have filed a proposed class action in the US District Court for the Northern District of California, accusing JPMorgan Chase of enabling an alleged $328 million crypto Ponzi scheme.

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JPMorgan faces test on bank liability in $328M Goliath Ponzi case

JPMorgan faces a U. S. class action for allegedly enabling Goliath Ventures’ $328M crypto Ponzi via Chase accounts and exchange transfers. JPMorgan is facing a new class-action lawsuit in the U. S.

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SEC pressure on crypto giants fades as Trump-linked project draws $75M from Justin Sun

On Mar. 5, Justin Sun reached a $10 million settlement with the SEC to resolve a civil fraud case that alleged he generated $31 million through wash-trading-style transactions and undisclosed celebrity promotions.

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Russian man arrested over alleged crypto-linked terror financing

Authorities in Russia’s Republic of Dagestan have opened a criminal investigation against a local man suspected of financing terrorism, the state news agency TASS reported. Russian arrested as scrutiny grows over crypto and terror financing The case was initiated by…

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Bitcoin Ransom Shock: Alleged Millions BTC Demand Surfaces in Nancy Guthrie Case Twist

Key Takeaways: Put simply, a ransome mail requesting Bitcoin worth millions dollars appeared in a kidnap in the U.S. Meanwhile, police and authorities are scanning through reports and coordinating with The post Bitcoin Ransom Shock: Alleged Millions BTC Demand Surfaces in Nancy Guthrie Case Twist appeared first on CryptoNinjas.

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Insider Trading Case Against Coinbase Leadership Surges Ahead

Coinbase’s legal battle over alleged insider trading hit a new milestone this week when a Delaware judge refused to toss a shareholder suit, keeping alive claims that top executives and directors sold stock while sitting on inside information.

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US DOJ under fire over alleged $6.3M Bitcoin sale tied to Samourai Wallet case

Crypto community and key administration figures are demanding answers over the DOJ’s handling of seized Bitcoin assets.

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BNB at $860 lags broader market as scrutiny of Binance grows

An FT report alleged Binance failed to stop suspicious transactions, despite agreeing to pay $4.3 billion to settle a U.S. criminal case in 2023.

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South Korean Police officers accused of bribery in $186M crypto laundering case

Authorities uncovered a crypto laundering network with alleged police protection that moved funds through illegal exchanges posing as storefronts.

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Crypto trader claims $1.4 million lost in OTC scam, KuCoin deposit stirs speculation

$1. 40 million USDC moved on Ethereum. The community is split between fraud concerns and trolling theories. ZachXBT stated he would not investigate the case, criticising the lack of evidence provided by the alleged victim.

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Ethereum dev Federico Carrone ‘safe and free’ after legal battle in Turkey - Details

Key Takeaways Ethereum dev Federico Carrone was detained in Turkey over alleged links to a privacy tool, but is now free. He believes the case stems from past research on Tornado Cash. However, the lThe post Ethereum dev Federico Carrone ‘safe and free’ after legal battle in Turkey - Details appeared first on AMBCrypto.

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Indian court declines bail for suspect in $228m crypto fraud

The Himachal Pradesh High Court has rejected bail for Abhishek Sharma, an alleged suspect involved in a $228 million cryptocurrency fraud case in India. The scam victimized over 80,000 investors across Himachal Pradesh and neighboring states. In rejecting the bail…

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Federal Judge Dismisses SEC Case Against Richard Heart, Citing Lack of Jurisdiction

Heart raised over $1 billion across three different unregistered securities offerings, the SEC had alleged

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SEC Dropping Coinbase Case Could Boost Robinhood Stock, Tokens Alleged as Securities

More tokens could be added to exchanges, increasing their trading revenue. This might also open the floodgates to crypto firms' IPOs in the U.S.

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Do Kwon Criminal Case Exposes Staggering Victim Count Of Over 1 Million

Do Kwon, the former CEO of Terraform Labs, is currently under intensive investigation by US officials who allege that he committed fraud that affected over a million people worldwide. During Kwon’s trial in a New York court, prosecutors provided a detailed account of the far-reaching consequences of his alleged financial misconduct. Related Reading: Crypto Survival […]

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Two South Koreans arrested for alleged price manipulation on Bithumb

Two South Korean men have been implicated in a case of price manipulation on the crypto exchange Bithumb. The two men allegedly gained nearly $5 million from manipulating the price of the Fusionist token, ACE. According to a Jan. 3…

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COPA Vs. Wright Saga Continues: Self-Proclaimed Bitcoin Inventor Skips Contempt Case Hearing

Online reports revealed Craig Wright skipped his UK court hearing today due to an alleged lack of resources to travel. The Australian computer scientist is facing a contempt of court case over his lawsuit against Bitcoin Core developers and could receive a prison sentence if the claim is proved.

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Judge rejects Kraken’s bid to challenge decision in SEC case

Kraken won’t get the chance to appeal a California District Court judge’s decision that found the SEC had adequately alleged it sold unregistered securities.

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US DOJ, SEC back suit against Nvidia, EU drafting AI ‘Code of Practice’ — Law Decoded

Nvidia faces renewed scrutiny over alleged misrepresentation in crypto mining-related sales, with the US DOJ and SEC backing the case.

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SEC and DOJ back Nvidia investor lawsuit over alleged crypto sales misrepresentation

The case underscores the critical role of private securities litigation in ensuring transparency and accountability in tech and crypto sectors. The post SEC and DOJ back Nvidia investor lawsuit over alleged crypto sales misrepresentation appeared first on Crypto Briefing.

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Utah Judge Rules SEC’s Case Against Alleged Crypto Mining Scam Green United Can Proceed to Trial

The U.S. Securities and Exchange Commission’s (SEC) lawsuit against Green United can proceed to trial, a Utah judge ruled Monday.

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Binance and former CEO CZ face new lawsuit over alleged crypto laundering

Binance and CZ are sued for allegedly laundering stolen cryptocurrency assets. Plaintiffs claim Binance’s lack of AML and KYC controls facilitated the laundering. The case could impact blockchain analytics and crypto exchange compliance standards.

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Craig Wright Referred To UK Prosecutors For Alleged Perjury In Bitcoin Authorship Case

The Bitcoin authorship saga continues after a UK judge directed Craig Wright’s case to British prosecutors for alleged perjury and forgery of documents. The direction follows the latest ruling in the legal battle between the Australian computer scientist and the Crypto Open Patent Alliance (COPA).

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U.S. Judge Lets Most of SEC Case Against Binance Proceed, Dismisses Secondary Sales Charge

A federal judge ruled the SEC had plausibly alleged Binance, Binance.US and Changpeng Zhao violated federal securities laws.

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Ripple faces new trial over alleged misleading 2017 statements by CEO Brad Garlinghouse

Ripple is set for new legal battles after a US judge in California approved a lawsuit against the crypto company regarding alleged misleading statements by its CEO, Brad Garlinghouse. This means the case would go to trial, and a jury would decide if the Ripple boss had misled investors into investing in the digital asset […] The post Ripple faces new trial over alleged misleading 2017 statements by CEO Brad Garlinghouse appeared first on CryptoSlate.

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The SEC Can’t Stop Suing Crypto Companies

Robinhood apparently made strenuous efforts to comply with the agency, even applying to become a special purpose crypto broker-dealer. The SEC is likely to sue for alleged securities violations in any case.

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Ace Exchange Suspects Should Get 20-Year Prison Sentences: Prosecutors

Prosecutors in Taiwan have proposed lengthy prison sentences for ACE Exchange’s founder, David Pan, and former executives as main suspects in an alleged fraud and money laundering case. This development came after the Taiwanese authorities initiated a fresh round of charges against the exchange founder and several others.

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SEC claims Justin Sun’s alleged visits to US grant it personal jurisdiction to pursue legal action

The US SEC filed an amended complaint in its case against Justin Sun and other defendants on April 18, arguing that Justin Sun’s alleged visits to the US should grant it the jurisdiction required to pursue legal action.

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UK lawyer claims ‘super villain’ behind $6b Bitcoin laundering case

Jian Wen faces charges of laundering Bitcoin in a London court as part of an alleged $6 billion investment scam, as her defense claims the scheme's true mastermind manipulated her.

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Terraform Labs cites SEC’s alleged misrepresentations in DEBT box case in its own bid for summary judgment

Terraform Labs, facing a securities lawsuit from the U.S. Securities and Exchange Commission (SEC), made a request on Dec. 4, 2023, for a summary judgment to conclude the case. Citing the treatment of a separate firm, DEBT Box, in ongoing SEC litigation, the defense pointed out that the regulatory body had misrepresented facts in that […] The post Terraform Labs cites SEC’s alleged misrepresentations in DEBT box case in its own bid for summary judgment appeared first on CryptoSlate.

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GS Partners Accused of Metaverse Investment Fraud

U.S. states target GS Partners over alleged Web3 fraud, securities violations & unregistered token sales. High-profile endorsers complicate case. The post GS Partners Accused of Metaverse Investment Fraud appeared first on NFT News Today.

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U.S. SEC pursues summary judgment in case against Do Kwon and Terraform Labs

The U.S. Securities and Exchange Commission (SEC) is demanding a summary judgment on all claims against Do Kwon and Terraform Labs following alleged breaches

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SEC Drops Lawsuit Against Ripple Executives in Major Win for Crypto, XRP Immediately Jumps 4%

the Securities and Exchange Commission (SEC) has agreed to dismiss its high-profile lawsuit against Ripple Labs executives Brad Garlinghouse and Chris Larsen. The SEC had alleged that Ripple’s XRP cryptocurrency was an unregistered security, but after years of contentious litigation, the regulator moved to drop the case entirely on Thursday.

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NFL Quarterback Trevor Lawrence and 2 YouTube Influencers Settle FTX Case

Three celebrity promoters of the failed FTX cryptocurrency exchange have opted to settle a case which alleged they helped dupe investors.

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NFL Quarterback Trevor Lawrence and Two YouTube Influencers Settle FTX Case

Three celebrity promoters of the failed FTX cryptocurrency exchange have opted to settle a case which alleged they helped dupe investors.

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Gala Games co-founders clash in opposing lawsuits seeking $130M, $600M in damages

The co-founders behind the blockchain firm Gala Games have initiated legal proceedings against each other, according to recent court filings. First case concerns alleged $130M theft The first case, which Gala co-founder Eric Schiermeyer filed on Aug.

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Judge Sets Deadline: FTX Founder SBF’s Fate Hangs On September 7 Jury Request

In a dramatic courtroom exchange, Judge Lewis Kaplan and the defense team representing former FTX CEO Sam Bankman-Fried (SBF) discussed trial preparation challenges and looming deadlines today.  The proceedings shed light on the defense’s alleged difficulties in handling the case from within Brooklyn’s Metropolitan Detention Center (MDC) walls. At the same time, the judge offered […]

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Chainalysis Investigations Lead Is ‘Unaware’ of Scientific Evidence the Surveillance Software Works

Renowned lawyer Tor Ekeland is poking holes in the U.S. government's case against alleged Bitcoin Fog creator Roman Sterlingov by poking holes in Chainalysis' forensics.

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

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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Sam Bankman-Fried Headed to Jail for Alleged Witness Intimidation

FTX's founder must report to jail on Friday for having allegedly intimidated a witness in the legal case against him. The post Sam Bankman-Fried Headed to Jail for Alleged Witness Intimidation appeared first on BeInCrypto.

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Judge revokes Sam Bankman-Fried’s bail, remands him to custody: Report

Sam Bankman-Fried was reportedly led out of a New York courtroom in handcuffs after alleged attempts to influence or intimidate witnesses in his criminal case.

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Sam Bankman-Fried jailed as judge revokes bail

Sam Bankman-Fried was reportedly led out of a New York courtroom in handcuffs after alleged attempts to influence or intimidate witnesses in his criminal case.

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Singapore High Court declares cryptocurrency as property, rules in favor of ByBit in trust case

A Singaporean High Court has ruled that cryptocurrency is a property capable of being held in trust, according to a July 25 ruling. ByBit vs. Miss Ho The court reached this decision in a case involving Seychelles-based crypto exchange ByBit which alleged that a contractor Miss Ho Kai Xin, breached the terms of her employment […] The post Singapore High Court declares cryptocurrency as property, rules in favor of ByBit in trust case appeared first on CryptoSlate.

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Elon Musk’s lawyers respond to motion to kick Tesla team off Dogecoin case: ‘Waste of this court’s time’

The strongly worded legal filing comes in response to an attempt to have Tesla’s lawyers sanctioned over supposed conflicts of interest and alleged misconduct.

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Elon Musk’s Twitter-to-Doge logo switch raised as evidence in lawsuit

New facts and evidence concerning Elon Musk’s crypto trading and promotional activity were highlighted in an amended legal case on May 31. The latest filing brings forward new evidence of Musk’s alleged market manipulation.

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BitBoy Crypto faces backlash, prepares for a legal battle

Popular crypto YouTuber Ben Armstrong loses spot on Killer Whales podcast amidst alleged fraudulent FTX case. Ben Armstrong, a YouTuber, podcaster, and creator of BitBoy Crypto, tweeted that he lost his spot on the Killer Whales podcast due to a…

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Ripple vs. SEC: Here’s why it could be “game over” for SEC in XRP case

SEC emails suggest XRP doesn’t satisfy all Howey factors, John Deaton notes. The lawyer says SEC staff noted “reasonable grounds” to believe that XRP is not a security. The SEC sued Ripple Labs and two of its executives for selling alleged unregistered securities in the form of XRP.

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