SBF Retrial Bid Meets Resistance From US Prosecutors
US President Donald Trump reportedly shut the door on a pardon for Sam Bankman-Fried back in January. That left the convicted FTX founder, a.k.a. SBF, with two paths out of a 25-year prison sentence — an appeal already working its way through federal court, and a motion for a new trial filed last month. Federal […]
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Despite evidence which has surfaced since the first of Ross Ulbricht's two trials was concluded, a federal judge in New York has denied Ulbricht's attorneys requests for a retrial. Judge Katherine Forrest felt that Ulbricht's guilt was overwhelmingly proven by the prosecutors and that a retrial is unnecessary, apparently considering the actions of DEA Agent Force, who prosecutors now say knowingly laundered bitcoins through BitStamp among other crimes, unrelated. Also read: DEA and Secret Service Agents Steal Bitcoin from Silk Road. Instead, she believes that the actions of Agent Force are....
The US Treasury told Congress this month that crypto mixers have legitimate uses — including protecting consumer privacy. Related Reading: Crypto Funding Soars 50%, But Most Startups Are Getting Shut Out: Analysts Days later, federal prosecutors in Manhattan moved to put the man who built one of the most-used mixers back on trial. A Split […]
The convicted Silk Road founder Ross Ulbricht is currently seeking a retrial based on the assumption that he was denied his fifth amendment right. Last month, the 29-year old internet entrepreneur was found guilty of charges related to his active involvement in running Silk Road - an online drug marketplace. He was also held guilty for executing computer hacking conspiracies, and committing narcotics trafficking and money laundering. In its motion filed in New York federal court, Ulbricht's defense however accused the government of failing to "provide exculpatory material and information....
A warrant for the arrest of Do Kwon and five others has reportedly been issued by prosecutors in South Korea. The prosecutors allege that Kwon and his co-accused violated the country’s capital markets law. In addition to the arrest warrant, prosecutors will reportedly request an Interpol red notice for the Terraform Labs chief executive officer. Terraform Labs Executives Accused of Violating South Korean Capital Markets Law Prosecutors in South Korea have reportedly issued an arrest warrant for Terraform Labs co-founder and chief executive officer Do Kwon. The prosecutors allege....
On Thursday, Nov. 3, 2022, local reports from South Korea disclosed that Korean prosecutors have allegedly discovered evidence that shows Do Kwon and an associate manipulated the price of LUNA, Terra’s native crypto token. The report further says South Korean prosecutors believe Kwon is hiding out in Europe. Local Report Claims South Korean Prosecutors Have Evidence of Do Kwon Ordering an Associate to Manipulate LUNA’s Price A report published by the local KBS News claims the co-creator of the Terra blockchain project, Do Kwon, is currently located in Europe. The news was discovered....