criminallaw
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Montenegrin Court Says Terra Founder Do Kwon Should Remain in Jail
It turns out that Do Kwon, the man whose Terra stablecoin led to a $US40 ($56) billion loss in the crypto industry, won’t get out of jail for a few hundred thousand dollars. On Wednesday, a Montenegrin court nixed an earlier deal to give Kwon bail, meaning the man will have to remain in jail…
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SBF Cut Off From His Favourite Toys Under New Proposed Bail Conditions
Former CEO of failed crypto exchange FTX Sam Bankman-Fried was already ordered to live every millennial’s nightmare and move back in with his parents. Now, prosecutors have laid out how SBF is being grounded, curtailing his ability to access the internet or even play any online video games.
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Sam Bankman-Fried Will Reportedly Plead ‘Not Guilty’ in Court Tuesday
Fallen crypto founder Sam Bankman-Fried is scheduled to appear in court Tuesday afternoon. The former FTX CEO is planning to plead not guilty to criminal fraud charges, according to reports from multiple outlets including Reuters, The Wall Street Journal, and ABC News.
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New York Removes Term ‘Inmate’ in State Law to Reduce Stigma
State law in New York will now have to replace the term “inmate” with “incarcerated individual” regarding people involved in the criminal justice system.