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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Zachery Ty Bryan, who played Brad Taylor on “Home Improvement,” faces accusations of involvement in a cryptocurrency scam. Allegedly, he took $50,000 from multiple individuals by falsely promising to invest it in a cryptocurrency opportunity for
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The Commodity Futures Trading Commission (CFTC) has filed a civil enforcement action against William Koo Ichioka, for defrauding around 100 users, including crypto asset holders, of more than $21 million. The fraudulent scheme According to the CFTC’s
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The action, filed in the U.S. District Court for the Central District of California, alleges that Cunwen Zhu, a California businessman, tricked at least 29 customers out of more than $1.3 million allocated for digital asset commodity and forex trading through his company, Justby International Auctions, between April 2021 and
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Terraform Labs founder Do Kwon has been found guilty of using a false passport by a court in Montenegro and has been sentenced to four months in prison.Kwon’s colleague and former Terraform Labs chief financial officer Han Chong-joon was charged alongside him and received the same sentence. The time both
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A United States federal judge is reportedly weighing a proposal to split former FTX CEO Sam Bankman-Fried’s (SBF) criminal charges into two trials following a filing from prosecutors. According to a June 15 report from the Wall Street Journal, Judge Lewis Kaplan of the Southern District of New York was considering
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Judge Lewis Kaplan, of the U.S. District Court for the Southern District of New York, asked the FTX founder's defense team several questions about their motion to dismiss bank fraud, wire fraud and campaign finance charges, though he did not make a decision on the motions to dismiss during Thursday's
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The DoJ prosecutors have eliminated five charges relating to fraud, conspiracy, and bribery initially levied against the disgraced FTX founder. In a court filing on Wednesday, June 14, prosecutors with the US Department of Justice (DoJ) told the district judge that they would be proceeding with eight charges in the
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The criminal trial of FTX co-founder Sam Bankman-Fried will only be going ahead with the eight charges he was originally pinned for by United States prosecutors, at least for now.In a June 14 court filing, prosecutors with the Department of Justice (DOJ) wrote a letter to District Judge Lewis Kaplan
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Those original charges include counts one (conspiracy to commit wire fraud on customers of FTX), two (wire fraud on customers of FTX), three (conspiracy to commit fraud on FTX customers tied to derivatives), five (conspiracy to commit securities fraud against FTX investors), seven (conspiracy to commit wire fraud on lenders
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“Leave is granted to the claimant to commence proceedings for judicial review,” Bahamas Supreme Court Judge Loren Klein said on Tuesday. Klein's comments favor Bankman-Fried's bid to contest the position taken by the Bahamas minister and Attorney General. “All of the grounds advanced by the claimants disclose arguable claims with
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