corporate crime
-
Sam Bankman-Fried Found Guilty in Crypto Trial
Sam Bankman-Fried is guilty on all seven federal charges in his criminal trial for defrauding customers of his crypto exchange out of billions of dollars with his crypto empire, jurors decided on Thursday night in a Southern District of New York court, according to CoinDesk. Jurors reached a verdict at 7:40 PM that the founder…
-
Binance Says U.S. Law Doesn’t Control The World, Seeks to Dismiss CFTC Suit
Binance is once again fighting off regulators, claiming the Commodity Futures Trading Commission’s (CFTC) lawsuit is an overreach of U.S. law. The largest cryptocurrency exchange in the world says the agency is trying to regulate foreign individuals and corporations operating outside the US. “U.S. law governs domestically but does not control the world. Congress did…
-
SBF Requests More Adderall to Ensure He Can Testify
Sam Bankman-Fried’s defense team requested a higher, longer-lasting dose of Adderall on Sunday night, so their client can meaningfully participate in his ongoing trial. “As we approach the defense case and the critical decision of whether Mr. Bankman-Fried will testify, the defense has a growing concern that because of Mr. Bankman-Fried’s lack of access to…
-
FTC Sues Amazon for Operating Illegal Monopoly
The agency is seeking a permanent injunction to ‘pry loose Amazon’s monopolistic control to restore competition.’