Fraud – Page 19 – Miami Crypto Coin

Do Kwon lawyers reportedly dismiss SEC’s securities fraud allegation

Post author:MiamiCrypto
Post published:April 22, 2023
Post category:Court Fraud SEC Terra United States

Kwon's lawyers claimed that the SEC failed to prove the alleged defrauding of US investors in connection with Terra’s $40 billion collapse of TerraUSD (UST) and Luna (LUNA).

NBA Hall of Famer Shaq Served in FTX Investor Suit

Post author:MiamiCrypto
Post published:April 18, 2023
Post category:Accusations basketball Charges class action court case Crypto crypto exchange Cryptocurrencies Cryptocurrency Cryptocurrency Exchange Exchange Exchanges Fraud ftx Investors law firm Lawsuit Lawyers NBA Sam Bankman-Fried Shaq Shaquille O’Neal star

A law firm representing FTX investors has served former NBA star Shaquille O’Neal in a class-action case against celebrities who endorsed the failed crypto exchange. The lawsuit accuses Shaq, along…

Brooklyn court charges former banker for allegedly defrauding crypto investors

Post author:MiamiCrypto
Post published:April 12, 2023
Post category:Banking Banks Fraud Investments United States

Brooklyn federal court charged a former investment banker for allegedly taking investors’ money under the pretext of making profitable crypto investments.

Coinbase wins $470K restitution in insider trading case

Post author:MiamiCrypto
Post published:April 12, 2023
Post category:amicus brief forfeiture Fraud Howey Test Insider Trading Ishan Wahi Nikhil Wahi Paul Grewal restitution Sameer Ramani

The brother of a former Coinbase employee allegedly profited from an insider trading scheme and now has 20 years to repay the funds.

National Futures Association adds rules for members handling digital assets

Post author:MiamiCrypto
Post published:March 31, 2023
Post category:cftc Fraud

The CFTC-linked self-regulatory organization (SRO) has disclosure rules for members engaging in activities with BTC and ETH; now, standards of conduct are being added.

Do Kwon Faces New Charges in U.S. and Montenegro

Post author:MiamiCrypto
Post published:March 24, 2023
Post category:Do Kwon DOJ Fraud Montenegro News

Do Kwon is being accused by U.S. prosecutors of committing commodities fraud, securities fraud, wire fraud, and engaging in market manipulation. Eight Counts of Fraud Do Kwons legal troubles keep...

Signature Bank and former executives sued by shareholders for alleged fraud

Post author:MiamiCrypto
Post published:March 14, 2023
Post category:Banking Banks Fraud Markets United States

Shareholders have accused the bank of falsely claiming to be “financially strong” just three days before it was seized by the state regulator.

Shareholders file lawsuit against Silicon Valley Bank, alleging fraud: Report

Post author:MiamiCrypto
Post published:March 13, 2023
Post category:Banks Fraud law Regulation Silicon Valley

The class-action suit was filed against Silicon Valley Bank, CEO Greg Becker and chief financial officer Daniel Beck.

Sam Bankman-Fried’s bail conditions still too lenient, says judge

Post author:MiamiCrypto
Post published:March 10, 2023
Post category:Cryptocurrency Exchange Fraud ftx Sam Bankman-Fried Technology

U.S. district judge, Lewis Kaplan, expressed concern that Bankman-Fried could find ways to evade the restrictions and covertly communicate with others electronically.

SEC continues streak of enforcement actions, targets BKCoin for alleged $100M fraud

Post author:MiamiCrypto
Post published:March 6, 2023
Post category:Fraud law Regulation SEC United States

The financial regulator’s complaint alleged that BKCoin raised roughly $100 million from investors to invest in crypto, but diverted some of the funds for personal use.