The FTX founder’s plan to take the witness stand sets up a dramatic few days of testimony at the federal courthouse in Manhattan.
Category: Money Laundering
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Fugees’ Pras Says Lawyer Used A.I. for ‘Ineffectual’ Defense
Prakazrel Michel was convicted in April in an illegal foreign influence scheme. In a motion for a new trial, he said his lawyer’s closing argument was “frivolous.”
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Sam Bankman-Fried’s Closest Friends Become His Foes in Courtroom Clash
The FTX founder’s criminal trial has made clear just how much his inner circle has turned against him.
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‘Lied to the World’ or Acted in ‘Good Faith’: Sam Bankman-Fried’s Trial Opens
Prosecutors said the FTX founder had lied to customers. Defense lawyers said he had just been trying to prevent his cryptocurrency exchange from melting down.
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What to Know About Sam Bankman-Fried’s Fraud Trial
Mr. Bankman-Fried is accused of orchestrating a vast scheme to siphon billions of dollars of FTX customer money.
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Crypto Goes on Trial, as Sam Bankman-Fried Faces His Reckoning
The FTX founder’s uphill court battle starts Tuesday, after he has come to symbolize everything that went wrong with the cryptocurrency industry.
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The Fed Slaps Deutsche Bank With a $186 Million Fine
The regulator said the German lender was too slow to comply with orders to address its money-laundering controls.
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Treasury Taps Sanctions Architect to Lead Financial Crimes Team
Andrea Gacki has played a leading role in designing sanctions that the U.S. has imposed on Russia as punishment for its invasion of Ukraine.
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Binance Moved Billions Through Two U.S. Banks, Regulators Say
The S.E.C. shared new details about how Binance’s accounts at Signature Bank and Silvergate Bank were used to move customer funds quickly through a web of foreign companies.
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British American Tobacco Pays U.S. $635 Million for North Korea Cigarette Scheme
Prosecutors in the United States said the firm secretly did business with North Korea through an intermediary, violating sanctions. The company apologized.
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Binance Faces Mounting Pressure as U.S. Crypto Crackdown Intensifies
The scrutiny on Binance, the giant cryptocurrency exchange, has sent new tremors through a market that is still bruised by the implosion of FTX.
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The Crypto Detectives Are Cleaning Up
Early adopters thought cryptocurrencies would be free from prying eyes. But tracking the flow of funds has become a big business.