Security

US charges 80 in internet fraud and money laundering scheme

US authorities on Thursday announced charges against 80 people, most of them Nigerians, in a wide-ranging fraud and money laundering operation that netted millions of dollars from victims of internet con jobs.

Business

New York couple plead guilty to bitcoin laundering

A married couple from New York dubbed "Bitcoin Bonnie and Crypto Clyde" pleaded guilty on Thursday to laundering billions of dollars in stolen bitcoin, prosecutors announced.

Business

Judge approves FTX choice of law firm as bankruptcy counsel

The judge presiding over the bankruptcy of cryptocurrency exchange FTX has approved the company's choice of a law firm representing it in the bankruptcy, despite concerns about potential conflicts of interest.

Theranos founder's fraud trial opens in Silicon Valley

Fallen biotech star Elizabeth Holmes's fraud trial opened Wednesday in California, with prosecutors claiming she told grandiose lies to cheat investors in her once-billion-dollar company, as her defense said she simply made ...

Business

Bankman-Fried found guilty of massive crypto fraud

Sam Bankman-Fried, the one-time cryptocurrency golden boy accused by US prosecutors of stealing billions of dollars of his customers' money, was found guilty on Thursday on all counts and faces up to 110 years behind bars.

page 4 from 6