The Bitcoin Ponzi Scheme Paradox
"Ponzi scheme" has become a byword for all manner of financial frauds and monetary scams. When a rapid six month...
Prosecutors
BTC-e crypto exchange operator pleads guilty to money laundering in the U.S.
Alexander Vinnik, a Russian national who operated the crypto exchange BTC-e, pled guilty to charges of money laundering conspiracy in...
Binance’s defense against SEC could be aided by Mango Markets case
Binance could strengthen its defense against the US Securities and Exchange Commission (SEC) by drawing on an unrelated case. On...
FTX Founder Sam Bankman-Fried Sentenced By Judge To 25 Years In Prison
Sam Bankman-Fried, founder of the FTX cryptocurrency exchange, has been sentenced to 25 years in prison by a judge in...
Sam Bankman-Fried Should Spend 40-50 Years in Prison, DOJ Says
Prosecutors recommended that a federal judge sentence FTX founder and former CEO Sam Bankman-Fried to at least 40 and as...
Judge Signs Off on Binance’s $4.3B Plea Deal With U.S. Prosecutors
A federal judge approved the U.S. Department of Justice's $4.3 billion fine on Binance after the crypto exchange pleaded guilty...
CSW Attacks His Own Witness For Exposing That His Documents Are Forgeries
Self-proclaimed Bitcoin inventor Craig Wright grew flustered during cross-examination on Wednesday as prosecutors mounted evidence disputing his identity as Satoshi...
Nexo Slams $3 Billion Lawsuit Against Bulgaria, Citing Reputational and Financial Damages
Cryptocurrency lending platform Nexo is seeking damages worth $3 billion from the Bulgarian government after the latter dropped its criminal...
Bitzlato suspends ‘special balance withdrawals’ while assets still under seizure
The Russia-linked cryptocurrency exchange Bitzlato announced a temporary halt on certain withdrawal requests on Dec. 27, despite having had its...
