Indictment news and trends

New Indictment Portrays Bankman-Fried’s ‘Savior’ Image as a Smokescreen
Legal // February 23, 2023

Federal prosecutors have indicted FTX founder Sam Bankman-Fried for a host of new crimes. According to a 12-count indictment unsealed Thursday (Feb. 23), Bankman-Fried — already facing decades in prison on fraud and conspiracy charges — now stands accused of bank fraud, operating an unlicensed...

Bitcoin Daily: Nigeria’s Crypto Market Surges; Alleged Crypto Capital Operator Charged With Fraud
Bitcoin // February 24, 2020

Binance, Nigeria’s cryptocurrency market, has seen sign-ups surge 50 percent so far in 2020. The market is scrambling to provide users with a stablecoin. Roughly 300 people signed up for a corresponding “masterclass” for the market in January, which taught them how to set up eWallets and...

DOJ Indicts Four Chinese Army Spies For Equifax Hack
Security & Fraud // February 10, 2020

Federal prosecutors charged four Chinese intelligence officers on Monday (Feb. 10) with the 2017 cyberattack on credit reporting giant Equifax, which was one of the largest data breaches in history, according to The Wall Street Journal. The Equifax cyberattack exposed the financial data of almost...

CapOne Back Online After Major Outage
Security & Fraud // November 03, 2019

Capital One saw an outage on Friday (Nov. 1) that kept some of its customers from accessing their accounts and direct deposits, a technical issue that the company has resolved, CNET reported.  “Capital One is experiencing a technical issue impacting customer money movement, including direct...

Quick Reads
New Indictment Portrays Bankman-Fried’s ‘Savior’ Image as a Smokescreen

February 23, 2023
Federal prosecutors have indicted FTX founder Sam Bankman-Fried for a host of new crimes. According to a 12-count indictment unsealed Thursday (Feb. 23), Bankman-Fried — already facing decades in prison on fraud and conspiracy charges — now stands accused of bank fraud, operating an unlicensed money transmitting business and campaign finance violations. The charges come […]

Bitcoin Daily: Nigeria’s Crypto Market Surges; Alleged Crypto Capital Operator Charged With Fraud

February 24, 2020
Binance, Nigeria’s cryptocurrency market, has seen sign-ups surge 50 percent so far in 2020. The market is scrambling to provide users with a stablecoin. Roughly 300 people signed up for a corresponding...

DOJ Indicts Four Chinese Army Spies For Equifax Hack

February 10, 2020
Federal prosecutors charged four Chinese intelligence officers on Monday (Feb. 10) with the 2017 cyberattack on credit reporting giant Equifax, which was one of the largest data breaches in history,...

CapOne Back Online After Major Outage

November 03, 2019
Capital One saw an outage on Friday (Nov. 1) that kept some of its customers from accessing their accounts and direct deposits, a technical issue that the company has resolved,...