CRIME - Trade Savi - 360-degree view on crypto market

CRIME

IcomTech founder David Carmona sentenced to nearly 10 years in prison for role in 'cryptocurrency Ponzi scheme'

David Carmona of IcomTech received a nearly 10-year prison sentence for running a crypto Ponzi scheme targeting working-class individuals, misleading investors, and misusing their funds.

theblock.co • 04/10/2024 - 21:00 PM

CRIME FTX SEC TOKENS XRP

The Daily: FTX estate prepares to sell locked Worldcoin tokens at a discount, Bitwise files for a spot XRP ETF and more

FTX plans to sell discounted Worldcoin tokens; Bitwise files for an XRP ETF; Australia seizes $6.4 million in crypto in crime operations; venture capital market struggles continue.

theblock.co • 02/10/2024 - 18:45 PM

CRIME FTX SEC TOKENS XRP

The Daily: FTX estate prepares to sell locked Worldcoin tokens at a discount, Bitwise files for a spot XRP ETF and more

The newsletter covers the FTX estate's token auction, Bitwise's XRP ETF filing, Australian police seizing crypto, market challenges, and memecoin trends.

theblock.co • 02/10/2024 - 18:45 PM

ANTI-MONEY LAUNDERING CRIME TOKENS WALLET MAKERS

Australia's 'Operation Kraken' seizes over $6 million in crypto after deciphering seed phrases from organized crime wallets

The AFP seized $6.4M from a Ghost mastermind amid ongoing investigations against organized crime, highlighting their capabilities to trace and recover illicit assets through Operation Kraken.

theblock.co • 02/10/2024 - 09:57 AM

CRIME SEC

Sean 'Diddy' Combs enlists same lawyer as former FTX CEO Sam Bankman-Fried

Diddy hires the same attorney as Bankman-Fried for charges of racketeering and sex trafficking, facing serious allegations of exploiting women and leading a criminal enterprise.

theblock.co • 01/10/2024 - 20:19 PM

COURT HEARINGS CRIME FCA

Man pleads guilty to operating illegal crypto ATMs in first UK conviction of its kind

Olumide Osunkoya pleaded guilty to operating illegal crypto ATMs in the UK, processing over £2.6 million. FCA warns of no legal crypto ATM operators in the UK.

theblock.co • 30/09/2024 - 14:27 PM

COURT HEARINGS CRIME FCA

Man pleads guilty to operating illegal crypto ATMs in first UK conviction of its kind

Olumide Osunkoya pleaded guilty to running multiple crypto ATMs, without FCA registration, which processed more than £2.6 million ($3.5 million) in transactions. The FCA says there are no legal crypto ATM operators in the UK.

theblock.co • 30/09/2024 - 14:27 PM

CRIME FTX

Former Alameda CEO Caroline Ellison sentenced to two years for her role in the collapse of FTX: Reports

Caroline Ellison was sentenced to two years for her role in the FTX collapse, emphasizing the need for accountability and cooperation in financial fraud cases.

theblock.co • 24/09/2024 - 20:01 PM

CRIME SEC

SEC settles charges against TrueCoin LLC and TrustToken Inc. involving stablecoin TrueUSD

The SEC settled charges against TrueCoin and TrustToken over misleading practices in the sale of TrueUSD, involving penalties and allegations of misrepresentation of investment safety.

theblock.co • 24/09/2024 - 18:00 PM

CFTC CRIME

California judge orders man to pay $36 million for crypto and forex fraud

William Koo Ichioka was fined $36 million for cryptocurrency fraud, sentenced to four years in prison, and accused of misappropriating funds for personal expenses.

theblock.co • 20/09/2024 - 18:15 PM

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