Tag: prosecutors

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Posted in Crypto Update

Taiwan prosecutors target 20-year sentences for ACE exchange suspects

According to the prosecutors, the increased scale of the losses justifies the sentence recommendation.

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Posted in Crypto Update

Binance founder should be jailed for 36 months, US prosecutors say

Binance founder and former CEO Changpeng Zhao is expected to be sentenced on April 30 after pleading…

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Posted in Crypto Update

Sam Bankman-Fried “doubled down” by buying Binance’s stake in FTX — U.S. prosecutors

Federal prosecutors claimed Sam “SBF” Bankman-Fried “doubled down” on the use of customers’ funds when he purchased…

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Posted in Crypto Update

“That’s fraud,” prosecutors say in closing arguments at SBF trial

Sam “SBF” Bankman-Fried’s trial has entered the final stages, with the prosecution delivering its closing arguments in…

0 28
Posted in Crypto Update

Prosecutors rest their case as Sam Bankman-Fried prepares to testify

Defense lawyers representing SBF called two witnesses, a Bahamas-based attorney and an expert from a litigation consulting…

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Posted in Crypto Update

Sam Bankman-Fried has no way to ‘out-fox’ prosecutors: Scaramucci

Sam Bankman-Fried will be no match for government prosecutors who will poke holes in his defense when…

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Posted in Crypto Update

Prosecutors argue ‘effective altruism’ inadequate in Bankman-Fried case

In the fraud trial of Sam Bankman-Fried, prosecutors have requested the judge to inform the jury that…

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Posted in Crypto Update

Sam Bankman-Fried $500M Anthropic stake irrelevant to case, prosecutors say

United States prosecutors have requested the court presiding over Sam Bankman-Fried’s trial to bar his legal team…

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Posted in Crypto Update

Sam Bankman-Fried appeal against bail revocation ‘meritless’: Prosecutors

The United States Attorney’s Office has filed an affirmation of the denial of bail to former FTX…

0 44
Posted in Crypto Update

Sam Bankman-Fried’s lawyers push for temporary release, object to prosecutors’ proposed deal

Lawyers representing former FTX CEO Sam Bankman-Fried, or SBF, have claimed the “extraordinary accommodations” offered by authorities…