Trader Confesses Cryptocurrency Addiction Led to Criminal Charges, Hospital T...
A British man has shared his story of how his cryptocurrency addiction has led to criminal charges and landed him in a hospital for addiction treatment. He lost more than a million dollars of other people’s money trying to duplicate his previous success in cryptocurrency trading. Crypto Addiction on the Rise, One Hospital Is Treating Over 100 Crypto Addicts A British man has shared his story of how his cryptocurrency addiction turned him into a criminal, the BBC reported. Referring to him as Jake, the publication noted Sunday that he is currently in treatment at one of the only....
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Terraform Labs CEO Do Kwon is unlikely to face criminal charges in the U.S. over the collapse of cryptocurrency terra (LUNA) and stablecoin terrausd (UST), according to legal experts. They explained that civil charges are more likely, including lawsuits by cryptocurrency investors.
Do Kwon Unlikely to Face Criminal Charges
The recent collapse of cryptocurrency terra (LUNA) and algorithmic stablecoin terrausd (UST) has raised questions about whether their creator, Do Kwon, can be held accountable.
Randall Eliason, a professorial lecturer in law at the George....
Following charges filed by the US Attorney's Office against Burt Wagner for operating an unlicensed money transmitting business in the state of Colorado in late 2014, the criminal case has been dismissed by a district court judge. Wagner faced up to five years in prison and a $250,000 fine if found guilty. However, Judge William Martinez issued an order to drop the indictment against the bitcoin trader and charges be dismissed "without prejudice" this week. Bitcoin Trader Charges. "I appreciate the US Attorney's Office doing the right thing and dismissing the criminal case against my....
Arthur Hayes, chief executive officer of bitcoin derivatives exchange Bitmex, is stepping down from his position a week after U.S. prosecutors filed criminal charges against him. Hayes is leaving together with other top executives who are facing similar charges. Bitmex CEO Arthur Hayes. The company announced on Thursday that Hayes and chief technical officer Samuel Reed – the latter who was arrested by the U.S. Department of Justice (DoJ) recently – have stepped back from all executive management responsibilities with immediate effect. Greg Dwyer, head of business development,....
24-year-old Jeremy Spence bilked his investors of $5 million, according to a criminal complaint.
The U.S. has arrested a man on criminal charges after he allegedly defrauded the government’s Covid-19 loan programs and used the money to buy cryptocurrency and Tesla. Using PPP Loan to Buy Cryptocurrency and Tesla The U.S. Department of Justice (DOJ) announced Friday that Lebnitz Tran was arrested Thursday “on criminal charges related to his alleged scheming to submit fraudulent loan applications seeking millions of dollars in Paycheck Protection Program (PPP) and Economic Injury Disaster Loan (EIDL) Covid-19 relief funds.” According to an indictment unsealed Friday,....