Braden John Karony, former CEO of the cryptocurrency project SafeMoon, has been found guilty following a two-week trial in the Eastern District of New York. The jury convicted […]
Strategy Lawsuit Claims Misleading Investors About Bitcoin Risks
MicroStrategy-turned-Strategy is facing a class action lawsuit alleging it failed to disclose material accounting changes impacting its reporting of bitcoin holdings. The firm reportedly accumulated over 576,000 BTC […]
Eric Council Jr. Sentenced for Impersonating SEC in Bitcoin ETF Fraud
Eric Council Jr. has been sentenced to 14 months in prison for orchestrating a fraudulent scheme regarding the potential regulatory approval of spot Bitcoin ETFs. His conviction follows […]
SafeMoon CEO Karony Denies Fraud Charges at New York Trial
Braden John Karony, former CEO of crypto firm SafeMoon, has proclaimed his innocence as his criminal trial commenced this week in the Eastern District of New York. Addressing […]
SEC Dismantles $198 Million Crypto Ponzi Scheme: Founder Charged
The US Securities and Exchange Commission (SEC) has brought charges against Ramil Palafox, the founder of PGI Global, for orchestrating a massive $198 million crypto Ponzi scheme that […]
Zero Edge Founder Arrested for Alleged Misuse of Investor Funds
Richard Kim, the founder of the cryptocurrency platform Zero Edge, was arrested on Tuesday following allegations of misusing investor funds to gamble. The U.S. Federal Bureau of Investigation […]
Judge Allows NYAG’s Lawsuit Against DCG to Proceed
A New York judge has granted the New York Attorney General’s (NYAG) lawsuit against Digital Currency Group and its executives, rejecting most of DCG’s dismissal motion. This legal […]