Theranos founder Elizabeth Holmes set to report to prison Tuesday
Theranos founder and former CEO Elizabeth Holmes pauses while going through a security checkpoint as she arrives for trial at the Robert F. Peckham Federal Building in San Jose,…
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Corporate crime
Las Vegas resident charged in $45 million metaverse scam that touted trillion-dollar returns
Federal prosecutors alleged Friday that a Nevada man helped defraud 10,000 investors out of more than $45 million by touting a fake metaverse project with its own crypto token that…
No prison yet for Elizabeth Holmes following last-ditch appeal
Former Theranos CEO Elizabeth Holmes on November 18, 2022 in San Jose, California.Justin Sullivan | Getty ImagesDisgraced Theranos founder Elizabeth Holmes will not go to prison…
North Korean bank official charged in crypto laundering conspiracies
Tether claims its dollar-pegged token is "fully backed."Justin Tallis | Afp | Getty ImagesOn Monday, a Washington, D.C., district court unsealed two federal indictments charging a…
Sam Bankman-Fried pleads not guilty to latest round of federal fraud, bribery charges
Sam Bankman-Fried pleaded not guilty in New York federal court Thursday to five additional charges related to the collapse of his former crypto exchange FTX and hedge fund Alameda…
DOJ and SEC charge social media influencers in alleged $100 million stock pump and dump scheme
The seal of the U.S. Securities and Exchange Commission (SEC) is seen at their headquarters in Washington, D.C., May 12, 2021.Andrew Kelly | ReutersFederal prosecutors and the…
Sam Bankman-Fried denied bail in Bahamas on FTX fraud charges, judge cites flight risk
A magistrate judge in the Bahamas on Tuesday denied bail to FTX co-founder Sam Bankman-Fried, citing heightened flight risk, and said he should be remanded to Bahamian custody…
Two Americans and five Russians charged with running a smuggling network to obtain military technology and ammunition…
Signage is seen at the United States Department of Justice headquarters in Washington, D.C., August 29, 2020.Andrew Kelly | ReutersWASHINGTON — The Justice Department unsealed a…
Sam Bankman-Fried diverted FTX customer funds to donate to political campaigns, authorities charge
Federal authorities on Tuesday charged FTX co-founder Sam Bankman-Fried with using what they believe was tens of millions of dollars of misappropriated customer funds to make…
Sam Bankman-Fried criminal charges unsealed: Conspiracy to defraud the U.S., wire fraud, securities fraud, and money…
Sam Bankman-Fried, founder and chief executive officer of FTX Cryptocurrency Derivatives Exchange, speaks during the Institute of International Finance (IIF) annual membership…