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Tag: FTX

U.S. Attorney for the Southern District of New York Damian Williams holds a press conference about the federal investigation into New York City Mayor Eric Adams on September 26, 2024 in New York City. Adams has reportedly been indicted on five federal charges related to bribery, wire fraud, conspiracy and soliciting illegal foreign campaign donations. This is the first time a sitting mayor of New York City has faced criminal charges. (Photo by Alex Kent/Getty Images)

Manhattan’s Top Federal Prosecutor Damian Williams To Resign Before Trump’s Inauguration 

Manhattan’s top federal prosecutor Damian Williams is planning to resign from his post before President-elect Donald Trump is inaugurated. 

Read More Manhattan’s Top Federal Prosecutor Damian Williams To Resign Before Trump’s Inauguration 
An airplane flies over the Metropolitan Detention Center where Ghislaine Maxwell is being held, in Brooklyn, New York on November 28, 2021. (Photo by Yuki IWAMURA / AFP) (Photo by YUKI IWAMURA/AFP via Getty Images)

Federal Jail Housing Sean ‘Diddy’ Combs Undergoes ‘Interagency Operation’ To Address Urgent Safety Concerns

Multiple federal agencies are working together on an “interagency operation” pertaining to the Metropolitan Detention Center in Brooklyn where Sean “Diddy” Combs is currently being held, the Bureau of Prisons announced on Monday.

Read More Federal Jail Housing Sean ‘Diddy’ Combs Undergoes ‘Interagency Operation’ To Address Urgent Safety Concerns
NEW YORK, NEW YORK - OCTOBER 10: Caroline Ellison, former chief executive officer of Alameda Research LLC, leaves Manhattan Federal Court after testifying during the trial of FTX CEO Sam Bankman-Fried, on October 10, 2023 in New York City. Bankman-Fried has pleaded not guilty to seven counts of fraud and conspiracy in connection with the collapse of the crypto exchange he founded, FTX. (Photo by Michael M. Santiago/Getty Images)

Sam Bankman-Fried’s Ex, Caroline Ellison, Sentenced to 2 Years for FTX Involvement

Caroline Ellison, a former top executive in Sam Bankman-Fried’s collapsed crypto empire, was sentenced to two years in prison on Tuesday. 

Read More Sam Bankman-Fried’s Ex, Caroline Ellison, Sentenced to 2 Years for FTX Involvement
Souvenir tokens representing cryptocurrency Bitcoin and the Ethereum network, with its native token ether, plunge into water in this illustration taken May 17, 2022. REUTERS/Dado Ruvic/Illustration/File Photo

Crypto hacking thefts double to $1.4 bln in first half of 2024, researchers say

The amount of cryptocurrency stolen in hacks globally more than doubled in the first six months of 2024 from a year earlier.

Read More Crypto hacking thefts double to $1.4 bln in first half of 2024, researchers say
LONDON, ENGLAND - NOVEMBER 10: In this photo illustration the FTX logo and mobile app adverts are displayed on screens on November 10, 2022 in London, England. The Bahamas-based crypto exchange's larger rival, Binance, walked away from a potential bailout deal, as FTX struggles with a wave of customer withdrawals that have created a liquidity crunch. (Photo Illustration by Leon Neal/Getty Images)

FTX Offers Refunds to Crypto Customers, Excludes Profits from Price Surges

If a judge accepts the company’s bankruptcy plan, certain customers of the defunct cryptocurrency exchange FTX may be entitled to receive the full amount of money they lost.

Read More FTX Offers Refunds to Crypto Customers, Excludes Profits from Price Surges
Former FTX Chief Executive Sam Bankman-Fried, who faces fraud charges over the collapse of the bankrupt cryptocurrency exchange, leaves the Manhattan federal court in New York City, U.S. March 30, 2023. REUTERS/Amanda Perobelli/File Photo

Sam Bankman-Fried prosecutor says coder’s cooperation sped up case

Former FTX CTO’s assistance was key to helping investigators understand how Bankman-Fried stole $8 billion in customer funds.

Read More Sam Bankman-Fried prosecutor says coder’s cooperation sped up case

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SpaceX and Tesla founder Elon Musk participates in a town hall-style meeting to promote early and absentee voting at Ridley High School on October 17, 2024 in Folsom, Pennsylvania. (Photo by Anna Moneymaker/Getty Images)
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