Tag: Charges

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FTX’s Sam Bankman-Fried loses appeal of criminal conviction on fraud, conspiracy charges

One argument Bankman-Fried advanced was that the funds he misappropriated were in investments that would eventually grow."As the district court recognized, any contention that...

U.S. Charges Two Men For $389 Million Bitcoin And Crypto Money Laundering Scheme Tied To Dark Web

Federal prosecutors in Philadelphia charged two men Wednesday with running an international bitcoin and crypto money laundering operation that processed nearly $400...

Bitcoin Price Charges Past $77,000, Iran Says Strait Open

Bitcoin price soared above $77,000 this morning after Iran declared the Strait of Hormuz completely open under a new ceasefire framework and...

SEC Charges Donald Basile in $16M Crypto Fraud Over “Insured” Token

The US Securities and Exchange Commission has filed a lawsuit against crypto executive Donald Basile, accusing him and two companies he controlled of raising...

Federal judge blocks Arizona from bringing criminal charges against Kalshi

A federal judge has blocked the state of Arizona from bringing criminal charges against prediction market provider Kalshi, at least temporarily, in response to...

Crypto Scam Leader Extradited to China to Face Charges

Li Xiong, a key member of a group that allegedly helped crypto scam rings in Asia to move money, has been extradited from Cambodia...

KuCoin’s Parent Company Agrees to $500K Civil Penalty to Resolve Charges

KuCoin’s parent will pay $500,000 to settle CFTC charges following a separate $300 million penalty in a DOJ case over similar conduct.Cointelegraph is committed...

Texas Lt. Gov. Lists Crypto, Prediction Markets in Charges to Senate

The #2 Texas state official called on lawmakers to study “the sudden inundation of prediction market gambling“ as other jurisdictions take the platforms to...

Kalshi CEO Fires Back against Arizona Criminal Charges as ‘Total Overstep‘

The prediction markets co-founder said that the company would “abide by court decisions“ but signaled that the charges were based partly on political bias...

Arizona AG Files Charges against Kalshi over ‘Illegal Gambling‘

Arizona Attorney General Kris Mayes announced that her office filed gambling and related criminal charges against the companies behind prediction markets platform Kalshi.In a...

Arizona Files Charges Against Kalshi, Calling Prediction Market an ‘Illegal Gambling Operation’

In brief Arizona Attorney General Kris Mayes filed criminal charges against Kalshi, alleging the platform is an "illegal gambling operation." The 20 criminal counts include...

Arizona Challenges Kalshi’s Federal Status With Unlicensed Gambling Charges

Arizona prosecutors have filed charges against prediction market operator Kalshi, alleging the company ran an unlicensed gambling operation and accepted illegal election wagers within...