Court Cases | ForkLog

ForkLog 14 24.02.2023

Sam Bankman-Fried Charged with Conspiracy to Commit Bank Fraud

The former head of the collapsed FTX, Sam Bankman-Fried (SBF), has been charged with new criminal charges, including conspiracy to commit bank fraud. The Block reports.

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ForkLog 29 23.02.2023

Forsage founders charged in $340m crypto-pyramid scheme

A U.S. court has charged four Russians with organizing and promoting the Forsage cryptocurrency pyramid, whose victims around the world lost approximately $340 million.

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ForkLog 9 22.02.2023

Vinnik’s lawyer signals possibility of a prisoner exchange

Russian Alexander Vinnik, accused of laundering at least $4 billion through the BTC-e exchange, may become a candidate for the next prisoner exchange between Russia and the United States.

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ForkLog 10 21.02.2023

Bloomberg: another top FTX executive plans to plead guilty to fraud

The former FTX chief technology officer Nishad Singh plans to plead guilty to fraud for his role in the beleaguered exchange. Bloomberg reports, citing its own sources.

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ForkLog 7 20.02.2023

UST provider Stablegains faces U.S. class-action lawsuit

Investors filed a lawsuit against the Stablegains platform for promoting the collapsed algorithmic stablecoin TerraUSD (UST).

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ForkLog 8 20.02.2023

FTX moved Bahamian assets worth $7.7 billion to US units ahead of bankruptcy filing

The FTX liquidators said that shortly before filing for bankruptcy the exchange transferred assets totaling $7.7 billion from Bahamian to US units.

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ForkLog 6 17.02.2023

FTX’s Bahamas arm merged its own and client funds

FTX Digital Markets, based in the Bahamas, effectively merged corporate and client funds, and kept 'limited' accounting records. This was stated by representatives of the liquidators of the subsidiary{{AOPEN_1}} bankrupt Bitcoin exchange{{ACLOSE_1}}.

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