US Authorities Charge Crypto ‘Trading Club’ Operators With Defrauding 150 Investors
Michael Ackerman and unnamed business partners allegedly defrauded investors of $33M in a crypto-trading scheme targeting doctors.
The federal judge also denied the Ethereum developer’s request for more details about the charges against him.
Michael Weigand faces a five-year maximum sentence for hiding his role with Silk Road from investigators.
Hayes would be allowed to continue living in Singapore under the agreement his counsel is currently negotiating with federal prosecutors.
SEC Chairman Jay Clayton has been nominated to become the U.S. Attorney for the Southern District of New York, replacing U.S. Attorney Geoffrey Berman, who said he had not resigned.
Paul Calder LeRoux, an admitted drug dealer with a background in encryption, planned to build a bitcoin miner had he beaten the rap.