Cryptocurrency executives hoped that 2023 would herald a new beginning after a year of disastrous setbacks. Instead, the industry has found itself on the receiving end of an aggressive government […]
Securities and Commodities Violations
Trending topics and news from the Securities and Commodities Violations category
Back to news homeFTX Inquiry Expands as Prosecutors Reach Out to Former Executives
Federal prosecutors are scrutinizing a growing array of people tied to Sam Bankman-Fried’s collapsed cryptocurrency empire, including his father, his brother and former colleagues, as part of a rapidly expanding […]
FTX Founder Sam Bankman-Fried Gamed Markets, Crypto Rivals Say
Since his company imploded, Mr. Bankman-Fried has repeatedly denied accusations that he tried to manipulate cryptocurrency markets. In a text message, he compared his company’s efforts to bolster the price […]
Coinbase Reaches $100 Million Settlement With New York Regulators
Coinbase, a publicly traded cryptocurrency trading exchange based in the United States, agreed to pay a $50 million fine after financial regulators found that it let customers open accounts without […]
Caroline Ellison Says She Is ‘Truly Sorry’ for Her Role in FTX Collapse
A former top executive at a trading firm closely tied to FTX said she was “truly sorry” for defrauding customers, investors and lenders in pleading guilty to criminal charges stemming […]
FTX Founder Sam Bankman-Fried Released on $250 Million Bond
Sam Bankman-Fried, the disgraced former cryptocurrency executive, was granted release from federal custody in a Manhattan court on Thursday under highly restrictive bail conditions, including a $250 million bond secured […]
Caroline Ellison and FTX Co-Founder Gary Wang Plead Guilty to Fraud
Two former top executives of Sam Bankman-Fried’s crypto trading empire have pleaded guilty to federal criminal fraud charges and are cooperating in the prosecution of the disgraced crypto entrepreneur, the […]
Sam Bankman-Fried Said to Agree to Be Extradited to the US
The disgraced cryptocurrency mogul Sam Bankman-Fried has agreed to be extradited to the United States, one of his lawyers said on Monday, after a chaotic morning of legal maneuvering in […]
Restaurateur, Political Donor, Tipster: The Many Roles of FTX’s Ryan Salame
In Western Massachusetts, Ryan Salame was known as a local boy turned hometown hero who struck gold as a top executive at FTX, the now-collapsed cryptocurrency exchange, and used some […]
Sam Bankman-Fried and FTX Engaged in Fraud for Years, Prosecutors Say
In the early 2000s, Mr. Ray oversaw the unwinding of Enron, the energy trading firm that collapsed in an accounting scandal. At the hearing, he called the perpetrators of Enron’s […]