Trial News

John Karony took to social media as his criminal trial for fraud and money laundering charges began in New York.

The US Attorney's Office overseeing the criminal case against the former CEO of SafeMoon will be headed by a Trump appointee for up to 120 days.

Prosecutors petitioned a New York federal court to seize crypto they alleged is linked to bribes paid to Chinese officials by Sam Bankman-Fried.

The trial was part of an initiative set up by the European Central Bank to identify how blockchains can facilitate central bank money settlement.

The Chinese CBDC’s “controllable anonymity” seems to be very highly controlled.

Meanwhile, the Jeo Boden (BODEN) meme coin linked to Trump’s arch-rival, Joe Biden, rallied 6.4% in the first 15 minutes before dumping again.

The SEC is evading the real issue, and the court was wrong to take its side, Coinbase claims in a defense of its interlocutory appeal.

After a jury found Terraform Labs and Do Kwon liable for fraud in its case with the SEC, the commission filed a motion requesting $5.3 billion in disgorgement and civil penalties.

The U.S. government pointed to potential conflicts of interest between the two crypto CEOs’ cases but added that the judges could approve waiving them after a hearing.

Jian Wen attempted to purchase a house worth $30 million using Bitcoin from an alleged fraudster.

The Terraform Labs co-founder is still in Montenegro following his prison sentence and reportedly awaits extradition to the United States.

A second trial for Sam Bankman-Fried would not affect his sentencing range, according to the U.S. Department of Justice.

Attorneys representing the alleged fraudster, Avraham Eisenberg, convinced the judge that more time was needed to sift through discovery materials submitted by U.S. prosecutors.

The former FTX CEO is headed back to prison and awaits a potential second trial in March, while his lawyers pledged to “continue to vigorously fight the charges against him.“

U.S. Attorney Damian Williams called Bankman-Fried’s crimes “a multibillion-dollar scheme designed to make him the king of crypto” and one of the biggest financial frauds in American history.