Guilty Archives

Home > Guilty (Page 6)

Founders of Multimillion-Dollar Global Crypto Ponzi Scheme ‘Airbit Club’ Plead Guilty – Regulation Bitcoin News

bossMarch 10, 2023 Bitcoin News, News

The founders and promoters of multimillion-dollar cryptocurrency Ponzi scheme Airbit Club have pleaded guilty to various criminal charges. Airbit Club victims were promised “guaranteed daily returns on any membership purchased,” the U.S. Department of Justice (DOJ) detailed. Airbit Club’s Operators and Promoters Plead Guilty The U.S. Department of Justice (DOJ) announced Wednesday

AirBit Club execs face decades in prison after pleading guilty to $100M fraud

bossMarch 9, 2023 Cryptocurrency Market, News

Six people involved in a cryptocurrency “Ponzi scheme” that raked in about $100 million over five years have pled guilty to a series of fraud and money laundering charges, each carrying a maximum sentence of 20 to 30 years of prison.One of the founders of “AirBit Club,” Pablo Renato Rodriguez,

Club Decades Execs Face Fraud Guilty pleading Prison Read More

Airbit Club Founders, Lawyer Plead Guilty to $100M Fraud Scheme

bossMarch 8, 2023 ICO

Airbit Club was a global scam in which promoters hosted “lavish expos” and community presentations throughout the U.S., Asia, Latin America and Eastern Europe, and convinced victims to invest in “memberships” that purported to yield returns generated through bitcoin mining and trading. Victims could view their “balances” on an online

Club Founders Fraud Guilty Lawyer Plead Scheme Read More

Former FTX Director Pleads Guilty to Charges of Fraud, Money Laundering, and US Campaign Finance Violations – Bitcoin News

bossMarch 1, 2023 Bitcoin News, News

Roughly 11 days ago, it was reported that Nishad Singh, the former director of engineering at FTX, was working with federal prosecutors to arrange a plea deal. On Tuesday, Singh pleaded guilty to criminal charges and stated, “I am unbelievably sorry for my role in all of this.” Singh Cooperating With

Bitcoin Campaign Charges Director Finance Fraud FTX Guilty Laundering Money News Pleads Violations Read More

Former FTX Director to reportedly plead guilty to fraud charges

bossFebruary 28, 2023 Cryptocurrency Market, News

Nishad Singh, former director of engineering at FTX, is expected to plead guilty to fraud charges brought by U.S. prosecutors who are investigating the now bankrupt FTX cryptocurrency exchange, Reuters reported on Feb 28.During the hearing in a Manhattan federal court, Singh's lawyer announced that his client had agreed to

Charges Director Fraud FTX Guilty Plead Reportedly Read More

Former FTX Engineering Director Nishad Singh Pleads Guilty to Criminal Charges: Reuters

bossFebruary 28, 2023 ICO

In a statement, Singh's lawyers said, “Nishad is deeply sorry for his role in this and has accepted responsibility for his actions. He wants to do everything he can to make things right for victims, including by assisting the government to the best of his ability in this case.” Original Source

Charges criminal Director Engineering FTX Guilty Nishad Pleads Reuters Singh Read More

Former FTX exec will plead guilty to federal charges with a deal: Report

bossFebruary 17, 2023 Exchanges, News

Nishad Singh, the co-founder and former chief engineer of bankrupt crypto exchange FTX, is working on a plea deal with prosecutors, Bloomberg reported on Feb. 17. The deal, which would see the 27-year-old Singh plead guilty to charges related to FTX’s collapse, has yet to be finalized, the report said.Singh would

Bitcoin Charges cryptoexchange Deal Exchanges Exec Federal FTX Guilty Plead Report Read More

Former FTX Executive Nishad Singh Planning to Plead Guilty to Fraud: Bloomberg

bossFebruary 17, 2023 ICO

If Singh takes a plea deal, he will join the ranks of other members of Sam Bankman-Fried’s inner circle, including former Alameda CEO Caroline Ellison and Gary Wang, FTX co-founder and former chief technology officer, who are cooperating with prosecutors in their case against the former FTX CEO. Bankman-Fried has

Bloomberg Executive Fraud FTX Guilty Nishad Planning Plead Singh Read More

Russian Charged With Laundering Ransomware Proceeds in Crypto Pleads Guilty in US – Bitcoin News

bossFebruary 10, 2023 Exchanges, News

A Russian national accused of processing cryptocurrency payments from ransomware attacks has pleaded guilty to money laundering in the United States. The man who was extradited from the Netherlands in mid-August, last year, will be sentenced in April. Russian Crypto Launderer Pleads Guilty in US Court, May Get Up to 20

Bitcoin Charged Crypto cryptoexchange Exchanges Guilty Laundering News Pleads Proceeds Ransomware Russian Read More

EminiFX CEO Eddy Alexandre Set to Plead Guilty to Role in Alleged $59M Ponzi Scheme

bossFebruary 8, 2023 Bitcoin News, News

Despite Alexandre’s alleged fraud, however, many of his customers have continued to support him. At Alexandre’s plea hearing last year, supporters from around the world traveled to cheer him on, telling Bloomberg that EminiFX was legitimate, Alexandre was helping them and the case against Alexandre, who is Black, was racist. Source

CEO Eddy EminiFX Guilty Plead Ponzi Role Scheme Set Read More

Guilty

Founders of Multimillion-Dollar Global Crypto Ponzi Scheme ‘Airbit Club’ Plead Guilty – Regulation Bitcoin News

AirBit Club execs face decades in prison after pleading guilty to $100M fraud

Airbit Club Founders, Lawyer Plead Guilty to $100M Fraud Scheme

Former FTX Director Pleads Guilty to Charges of Fraud, Money Laundering, and US Campaign Finance Violations – Bitcoin News

Former FTX Director to reportedly plead guilty to fraud charges

Former FTX Engineering Director Nishad Singh Pleads Guilty to Criminal Charges: Reuters

Former FTX exec will plead guilty to federal charges with a deal: Report

Former FTX Executive Nishad Singh Planning to Plead Guilty to Fraud: Bloomberg

Russian Charged With Laundering Ransomware Proceeds in Crypto Pleads Guilty in US – Bitcoin News

EminiFX CEO Eddy Alexandre Set to Plead Guilty to Role in Alleged $59M Ponzi Scheme

Cryptox News

US Lawmaker Plans to Introduce Bill to Permanently ‘Cement’ Trump’s National Bitcoin Reserve

Sacks and his VC firm sold over $200M in crypto and stocks before WH role

Republican Thomas Massie Embraces Bitcoin Amid Trump Feud Over Fiscal Clashes

Dogecoin Recovery In Sight? Key Metrics Predict A Strong Bounce