Ex-Alameda CEO Caroline Ellison Receives 24-Month Sentence
On Tuesday, Sept. 24, 2024, Caroline Ellison, the former CEO of Alameda Research, was sentenced to 24 months in prison after admitting to her involvement in several crimes. The courtroom…
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Supreme Court Urged to Protect Crypto in Nvidia-Backed Legal Fight
The Digital Chamber filed an amicus brief on Tuesday in support of Nvidia Corp. It focuses on the implications of the Ninth Circuit’s decision for the cryptocurrency industry. The brief…
SEC and 100 Agencies Form Council to Combat Securities Fraud
The U.S. Securities and Exchange Commission (SEC) has established the Interagency Securities Council (ISC) to enhance coordination among federal, state, and local agencies on securities fraud. The ISC aims to…
Gamestop Whale Roaring Kitty Sued for Securities Fraud
Keith Patrick Gill, also known as “Roaring Kitty,” an investor in Gamestop stock, has been sued in the Eastern District of New York for allegedly committing securities fraud. The lawsuit…
Landmark Federal Case: Jury Declares Crypto Price Manipulation as Securities Fraud
In a landmark federal case, two men were sentenced for manipulating the price of a cryptocurrency and defrauding investors, marking the first instance where “a jury in a federal criminal…
US Supreme Court to Hear Nvidia’s Bid to Dismiss Crypto-Related Lawsuit
The U.S. Supreme Court has agreed to hear Nvidia’s appeal to dismiss a securities fraud lawsuit accusing the company of misleading investors about its sales to the cryptocurrency industry. Nvidia’s…
Do Kwon faces fraud charges from US prosecutors hours after arrest
The Terraform Labs CEO is now facing fraud charges in South Korea, the Securities and Exchange Commission and federal prosecutors in New York.
NY law firm investigates potential ‘securities fraud’ at Core Scientific
The investigation was prompted by a report from Culper Research, which alleged that Core Scientific had "wildly oversold" its mining and hosting businesses.
Media Draws Attention to Sam Bankman-Fried’s 2 Visits While on House Arrest
After FTX co-founder Sam Bankman-Fried (SBF) was released on bail and traveled to his parent’s home in California, it has been reported that SBF was visited by the crypto advocate…
Crypto Twitter explodes over the news of Sam Bankman-Fried’s arrest
US politicians, crypto execs, and influencers fired up their Twitter apps upon learning of Sam Bankman-Fried's arrest in The Bahamas.