Surprised individuals and small-business owners can’t pay rent or make payroll, and no one ever explains what they did wrong.
Category: Frauds and Swindling
Sam Bankman-Fried Is Found Guilty of 7 Counts of Fraud and Conspiracy
The case against the founder of the failed FTX exchange had come to symbolize the excesses of the volatile cryptocurrency industry.
Sam Bankman-Fried Denies Knowing FTX Money Was Missing, as He Concludes Testimony
The founder of the FTX crypto exchange was grilled by a federal prosecutor for a second day, just before both sides rested their case in the criminal fraud trial.
Sam Bankman-Fried Testifies That He Made ‘Larger Mistakes’ at FTX
Speaking in his own defense at his criminal trial, the FTX founder denied he had committed fraud but acknowledged missteps that hurt the cryptocurrency exchange’s customers.
Crypto Influencers and ‘Degenerates’ Flock to Sam Bankman-Fried’s Trial
The presence of crypto YouTubers, podcasters and commentators at the FTX founder’s fraud trial has created something of a culture clash in the courtroom.
Caroline Ellison Testifies Against Sam Bankman-Fried, Blaming Him for Crimes
Ms. Ellison is the government’s star witness in the criminal fraud trial of the founder of the FTX crypto exchange. She also delved into her romantic relationship with Mr. Bankman-Fried.
FTX Founder Sam Bankman-Fried’s Criminal 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.
Sam Bankman-Fried Sent to Jail After Judge Revokes Bail
Mr. Bankman-Fried had been under house arrest at his parents’ home as he awaited trial on charges stemming from the collapse of his cryptocurrency company, FTX.
How to Catch Pandemic Fraud? Prosecutors Try Novel Methods.
Strained by limited resources, prosecutors are deploying special teams and nurturing local relationships to catch up to a wave of fraud.
Gautam Adani’s Rise Was Intertwined With India’s. Now It’s Unraveling.
The tycoon often said the Adani Group’s goals were in lock step with India’s needs. Now, the company’s fortunes are crashing, a collapse whose pain will be felt across the country.