Jason Guerrasio / Insider:
The DOJ charges two former MoviePass execs in a securities fraud case, claiming they sought to artificially inflate the stock price of MoviePass’ parent company — – Lowe and Farnsworth have been charged in a securities fraud case by the Department of Justice.
CNBC:
The Southern District of New York charges SBF with wire fraud, wire fraud conspiracy, securities fraud, securities fraud conspiracy, money laundering, and more — – Federal prosecutors in the Southern District of New York unsealed eight seperate charges against disgraced FTX co-founder Sam Bankman-Fried …
Eileen AJ Connelly / The Wrap:
SEC sues two former MoviePass CEOs, charging them with misleading investors about profit potential, data operations, studio relationships, and revenue sources — The Securities and Exchange Commission filed suit against two former CEOs of MoviePass, charging them with misleading investors …
CNBC:
Filing: US DOJ has requested that an independent examiner be appointed to review “substantial and serious allegations of fraud, dishonesty” in FTX’s bankruptcy — – FTX’s bankruptcy case demands an independent review, the Department of Justice said, because of allegations of fraud …
Richard Vanderford / Wall Street Journal:
Google agrees to improve its compliance program for legal demands in a settlement with the US DOJ, which said Google lost data sought by investigators in 2016 — The tech company will be monitored by a compliance professional after the Justice Department said Google lost data sought in a U.S. investigation
New York Times:
Source: US prosecutors charge Sam Bankman-Fried with wire fraud, wire fraud conspiracy, securities fraud, securities fraud conspiracy, and money laundering — A statement by the government of the Bahamas said Mr. Bankman-Fried was arrested after prosecutors in the United States filed criminal charges.
Cheyenne Ligon / CoinDesk:
US DOJ says two Estonians were arrested for a $575M cryptocurrency fraud and money laundering scheme that allegedly defrauded hundreds of thousands of investors — According to the Department of Justice, the two men used shell companies to launder the proceeds of their fraudulent schemes and buy luxury cars and real estate in Estonia.
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