Guilty verdicts handed down in S.Korea’s biggest crypto scam
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Seven executives of V Global, who were accused of misappropriating nearly US$1.9 billion, were found guilty on Friday, with former CEO Lee Byung-gul being sentenced to 22 years in prison. Six other…
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Another executive that worked with the now defunct crypto exchange FTX has pleaded guilty to criminal charges. Nishad Singh – who worked as the former director of engineering at the exchange – has pleaded guilty to approximately six conspiracy charges, as well as conspiracy to commit wire fraud, conspiracy to…
Sam Bankman-Fried – the former head executive of the now fallen crypto exchange FTX – has pleaded not guilty to all counts of fraud. This means his case will potentially be heard by a jury. Sam Bankman-Fried Says He’s Not Guilty During a recent testimony, Bankman-Fried refused to speak for…
Two 20-year-olds – Eric Meiggs of Brockton and Declan Harrington of Rockport – have pleaded guilty to engaging in a scheme that stole at least $500,000 in crypto funds from as many as ten different people. They are now set to be sentenced in a Boston federal court. Eric Meiggs…