Oliver Knight / CoinDesk:
The US DOJ seizes 50,676 bitcoin, worth around ~$1B, defrauded from the Silk Road in 2012 by James Zhong, who pled guilty to wire fraud — 50,000 bitcoin was obtained unlawfully in relation to the Silk Road marketplace in 2012. — Damian Williams, the United States Attorney …
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 …
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.
Luc Cohen / Reuters:
Nikhil Wahi, the brother of Coinbase PM Ishan Wahi, pleaded guilty to a wire fraud charge in an ongoing insider trading case, the first of its kind in crypto — The brother of a former Coinbase Global Inc (COIN.O) product manager pleaded guilty on Monday to a wire fraud conspiracy charge …
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.
CNBC:
Bahamas AG Ryan Pinder and US SDNY Attorney Damian Williams confirm Bahamas police arrested Sam Bankman-Fried, who is under indictment and could be extradited — – The cofounder and former CEO of bankrupt crypto trading firm FTX was arrested in the Bahamas after the U.S. attorney …
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 …
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