Malone Lam, 20, and Jeandiel Serrano, 21, schemed to obtain 4,100 Bitcoin from a single victim, federal prosecutors said.
Category: Virtual Currency
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Caroline Ellison, Star Witness in FTX Case, Should Receive Lenient Sentence, Prosecutors Signal
Ms. Ellison, Sam Bankman-Fried’s former girlfriend and a top executive in his empire, is set to be sentenced on Sept. 24 for her role in the collapse of the crypto exchange.
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FTX Founder Sam Bankman-Fried Files Appeal to Overturn Fraud Conviction
Mr. Bankman-Fried, the founder of the collapsed FTX cryptocurrency exchange, was convicted last fall and is serving a 25-year sentence in prison.
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Donald Trump Prepares to Unveil World Liberty Financial, a Cryptocurrency Business
Mr. Trump said he would introduce the project on Monday, continuing his embrace of the crypto industry, a major source of political donations.
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The Crypto Industry Loudly Defends Telegram’s Pavel Durov
When the messaging app’s founder, Pavel Durov, was arrested, he received a flood of support from a multitrillion-dollar industry that relies on it.
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Crypto Lobbyist Charged With Breaking Campaign Finance Rules
The charges against Michelle Bond, the former head of a crypto industry trade group, are part of the continuing legal fallout from the collapse of the FTX crypto exchange.
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Tether Co-Founder Faces the Unraveling of a Crypto Dream
Brock Pierce arrived in Puerto Rico seven years ago, promising to use crypto magic to revitalize the local economy. Now he’s mired in legal disputes and fighting with his business partners.
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Dirt, Daisy Alioto’s Newsletter, Is a ‘Container for Taste’
Daisy Alioto has big ambitions for her small media empire.
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Bitcoin and other cryptocurrencies plunge, mirroring global markets.
The precipitous falls show that digital currencies remain vulnerable to the same broader economic forces that affect technology stocks and risky investments.